Profitable Restaurant and Bar for Sale

Charlotte, NC
Mecklenburg County


Asking Price: Annual Revenue:
$695,000 $1,330,267

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Profitable Restaurant and Bar for Sale Broker: Justin Scotto

Quick Facts

Asking Price: $695,000
Annual Revenue: $1,330,267
Net Profit: Not Disclosed
Cash Flow: $476,249
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2014
Employees: 20
BBN Listing #: 44188096
Broker Reference #: 9315

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Business Overview:

This highly profitable Restaurant and Bar for Sale is racing by for a pit stop to pick up a new owner, but only one can get in! High volume and HUGE owner benefit. Bring 20% down and qualify for SBA lending. Nearly $1.3 Million in Sales !!!

This restaurant and Bar for Sale is sweeping the market and racing by with no signs of slowing down. In 2021 sales were nearly $1,200,000. Sales growth is all this restaurant knows. If your experienced in the restaurant industry and looking to add to the portfolio then this business for sale is for you!

Bringing in an owner benefit of over $321,000 in 2021 and in 2022 on track to bring in over $476,000. Situated in Charlotte and seeing growth all around this Restaurant and Bar for Sale. Major retail, expanding neighborhoods, high traffic counts and growing population has this restaurant destination seeing high growth. Located in a busy shopping center with a major grocery tenant. At a 5 mile radius there is a population of over 211,000 residents and a daytime population of 230,000. The restaurant offered by We Sell Restaurants has a direct visibility to the main road that is showing over 15,000 cars per day.

This Restaurant and Bar for Sale is serving some of the best food in town. So many specialty dish favorites keep the guests coming back for more. This restaurant has plenty of dishes to keep every guest coming back for more. From favorites such as fried pickles, burgers, salads, pizza, and so much more!

When you buy this restaurant, you are stepping into a well-oiled machine that is ready to go for any new owner. No need to purchase new equipment or spend thousands on up fit costs. This Restaurant and Bar for Sale is ready to go with all of the latest equipment. From oven range, deep fryers, hood systems, pos systems, hobart slicer, walk in coolers, dish system, deli tables, server stations, double stack ovens, and one amazing patio for that beautiful Charlotte weather.

With such a high sales volume year after year, and incredible owner benefit this Italian restaurant for sale will not last long. Complete confidentiality today and bring an offer today on this Restaurant and Bar for Sale.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

4 Bakers Pride Pizza Ovens 1 Hobart Deli Slicer 1 Hobart Mixer 1 Alto Shamm Double Stack Oven 1 SS Counter 10 TVs 2 Migali Freezers 1 Oven Range 3 Dean Deep Fryers 1 True Freezer 1 Hoshizaki Ice Maker 2 Amana Commercial Microwave 1 SS Double Shelf Table 1 Captive Aire Exhaust Hood over Pizza Ovens 1 Captive Air Exhaust Hood with Sprinklers over Cook Area 2 Bunn Coffee Makers 4 True Beer Coolers 1 True Glass Chiller 3 True Beer and Wine Chiller 1 Walk in Freezer is a Fixture 1 Walk in Refrigerator is a Fixture 1 Walk in Beer Cooler is a Fixture 1 Walk in Storage Shed is a Fixture

Market Competition and Expansion:

Key business for expansion and growth. Charlotte is the number 2 metro in the US for economic growth.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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