Popular Restaurant and Bar for Sale

Charlotte, NC
Mecklenburg County


Asking Price: Annual Revenue:
$850,000 $2,799,087

Food & Beverage: Restaurants, Fast Food, Deli


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

Quick Facts

Asking Price: $850,000
Annual Revenue: $2,799,087
Net Profit: Not Disclosed
Cash Flow: $189,489
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2008
Employees: 40
BBN Listing #: 51358096
Broker Reference #: 8991

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Business Overview:

Popular Restaurant and Bar For Sale in Well Known Plaza Midwood! High Traffic Area Through Out the Day and Night ! Most sought area in the Charlotte Market! Bring your offers today to acquire this popular bar with nearly $3 Million in sales and an owner benefit of over $190,000!

This Restaurant and Bar for Sale hosts live music and DJ events in its 2500 square foot space. The restaurant seats 75 guests and in addition they have patio seating where guests have enjoyed the Charlotte weather, cocktails and an a amazing meal at their tables. This location is 100% turn-key. Bring your own concept or keep the same.

This Bar for Sale, brought to you by We Sell Restaurants, has a fully equipped kitchen that features a reach in freezer, reach in cooler, broiler, six burner stove with oven, flat top grill, fryers and so much more. This kitchen has everything you need to keep the current menu or add some ideas of your own.

A new owner could do many things within this Bar for Sale space. This location is situated in residential and commercial neighborhood, with other restaurants, and bars. These businesses are primed and ready for an experienced entrepreneur or a first-time business owner! The possibilities are endless!

Interested buyers of this Bar for Sale must have restaurant experience, money to invest, and good credit to obtain a lease. The Landlord will require: Business Plan, Previous restaurant experience, future plans for the location and Financial statements.

This Bar for Sale will qualify for SBA lending for qualified buyers. With as little as 20% down you could become an instant owner in no time! Let We Sell Restaurants connect you with their lender resources and start the approval process today!

This opportunity does not come around often and wont last long. The right owner and concept can quickly grow this high traffic Bar for Sale location into a amazing successful business.Complete confidentiality today!

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:

1 Ice Machine 1 Three Compartment Sink 1 SS Shelf 12ft 1 Wire Rack 2 SS Hand Sink 1 Prep Sink 2 SS Wire Racks 12ft 1 Deli Make Table 1 SS Single Door Free Standing Freezer 1 SS Two Door Free Standing Cooler 1 Broiler 1 Gas Stove with 6 Burners and Oven 3 SS Shelves 3ft 1 Deep Fryer with Two Baskets 1 Convection 1 Flat Top Grill 1 Hoof 10ft is a Fixture 1 SS Two Door Reach In Cooler 2 Reach In Glass Door Coolers 2 Kitchen Printers 3 POSs 1 DJ Booth with Sound System 2 Speakers 2 SS Ice Bins 1 SS Reach In Cooler 1 SS Reach In Cooler with Ice Bin 2 Bar Wells 1 Deli Make Table 4ft 1 Deli Make Table 8ft 1 Glass Display Case 3ft 1 Overhead Heat Lamp Miscellaneous Pots and Pans Miscellaneous Dishes and Barware 1 Wooden Rack with Two Shelves 15 Bar Stools 3 Leather Love Seats 4 Fabric Chairs 2 Coffee Tables 1 Hostess Stand 8 Chairs 3 Tables 6 Booths 3 End Tables 2 Table Lamps 1 Wooden Storage Unit 1 Wooden Wine Display Wall Racks 1 Wood Liquor Display Wall Racks 1 Printer 1 Wooden Storage Cabinet 1 Wood Table 8ft 3 Keg Taps 2 SS Wire Racks 3ft with 4 Shelves 5 Tables 22 Chairs 1 Free Standing Fan 1 Wooden Storage Unit

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:

Other

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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