Fully Equipped Italian Restaurant for Sale

Charlotte, NC
Mecklenburg County


Asking Price: Annual Revenue:
$190,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Fully Equipped Italian Restaurant for Sale Broker: Justin Scotto

Quick Facts

Asking Price: $190,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2002
Employees: 7
BBN Listing #: 45038096
Broker Reference #: 8604

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Business Overview:

Incredible opportunity to purchase this turn-key Italian Restaurant for Sale in Ballantyne!! This Italian Restaurant for Sale opened in 2002 and has continued at its current location for the last 10 years. The restaurant has room that allows to host big private parties for about 50 people. The owner is ready to retire and pass the torch. Excellent location in a strip mall with plenty of parking and on a busy road close to Major Shopping Centers, Highways and Offices.Also, near several schools including elementary & high schools. In addition to being near a major highway this business is surrounded by thousands of homes. This seller has spared no cost on this stunning restaurant for sale offered by We Sell Restaurants. Upon entering you will be amazed on the dedication this restaurant owner puts into their Restaurant. Warm and welcoming interior with old-school Italian charm. Fully equipped and ready to go for any new owner. A new owner could capitalize on delivery opportunities, expanded hours (currently only open for dinner), catering and other initiatives. This Restaurant is ready for a new concept and name! Get into this Restaurant for Sale for a fraction of the cost of building a new one. The current owner of this Restaurant put his heart and soul into this business but after 20 years of running its time to pass on to a new owner, and now you can purchase an already established business that has been around for years or bring your own concept. Complete confidentiality today! Need lending assistance? This Italian Restaurant for Sale priced between $20,000 and $200,000 can be financed with our lending partners. If your credit score is 680 or above, contact the restaurant brokers at We Sell Restaurants for an introduction to our teams that can have you approved in the next 48 hours.

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Property Features and Assets:

4 Booths 15 Dining Room Tables 10 High Top Tables 20 Bar Stools 41 Dining Room Chairs 6 Custom Built Wine Racks 1 Couch 1 Large Round Table 2 Deep Freezers 15 Patio Chairs 4 Patio Tables 4 Patio Bar Stools 2 High Top Patio Tables 1 TV 1 Music System 1 Kitchen Printer 2 POS with Printer 2 Cash drawers 1 Three Door Horizontal Bottle Cooler 1 SS Ice Well 3 SS Hand Sink 1 Ice Chest 1 Microwave with Shelf 5 Wall Shelf 2 Four Foot Double Door Deli Table 1 Two Foot Single Door Deli Table 2 Two Foot SS Prep Table 1 Prep Sink 1 Deep Fryer 1 Charcoal Grill 1 Six Burner Stove with Oven 4 Carts 1 Four Burner Stove with Oven 2 Single Door Under Counter Cooler 1 Six Foot Hood is a Fixture 1 Seven Foot Hood is a Fixture 5 Shelves 1 Sheet Pan Rack 1 Three Compartment Sink 1 Ice Machine with Ice Bin 1 Walk In Cooler is a Fixture 5 Cooler Shelves 1 Meat Slicer 1 Single Door Reach In Freezer 2 SS Five Foot Prep Table 3 High Chairs 1 Two Door Reach in Cooler 1 SS Six Foot Prep Table 1 Dish Sink 1 Dishwasher system owner by Vendor 1 Coffee Machine 2 APWs 1 Nuova Simonelli Espresso Machine 2 Microwaves

Market Competition and Expansion:

Charlotte has seen the job market increase by 3.5% over the last year. Future job growth over the next ten years is predicted to be 42.5%, which is higher than the US average of 38.0% 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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