Restaurant for Sale - Earnings of $152,000

Cornelius, NC
Mecklenburg County


Asking Price: Annual Revenue:
$349,000 $966,618

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant for Sale - Earnings of $152,000 Broker: Justin Scotto

Quick Facts

Asking Price: $349,000
Annual Revenue: $966,618
Net Profit: Not Disclosed
Cash Flow: $152,033
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2002
Employees: 14
BBN Listing #: 53738096
Broker Reference #: 6962

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Business Overview:

This Chicago Style Fast Food Restaurant for Sale in Charlotte has big earnings and short hours. Owners ready to retire and looking for new owner to carry on the legacy of this Charlotte staple. Sales of nearly a million generate earnings of $152,000 on the books.

Own a restaurant for sale serving up a taste of Chicago with Deep Dish Pizza and Chicago style hot dogs authentic in every bite. This single location has been feeding the locals for years, and ready to expand for many years to come. Current owners have had years of success and now ready to retire and move onto the next chapter of their lives. Bring 20% down and we'll have you approved for lending within days.

This 2400 square foot opportunity offered by We Sell Restaurants has an amazing interior that does not get more authentic then it is. The interior walls are lined with brick and have that real "Chicago" feel when you step into this beauty. Custom tables in the dining room and even a built-in bar to serve plenty of beer and wine. Rent is all in at an amazing $3375.00 per month with no escalations. Rent does not get better than this in Charlotte !!

Authentic deep-dish pizza is hard to come by, and this restaurant for sale has it. But this menu also serves hot dogs, fries, burgers, chicken, salads, sandwiches, and many side items. This establishment has been in place for many years and locals love it. Local reviews put it at the top of the charts. With doing over $966,000 in sales this is surly primed for growth and future locations.

Earnings for an owner operator is a healthy and growing $152,000 on sales of nearly a million. This concept is ready to franchise for those looking for super growth. With the upward sales swing the kitchen is fully equipped and ready to handle any volume. With several pizza ovens, grills, ovens, walk in coolers, deli tables and much much more. This business also has a very large catering footprint through-out the Charlotte Market. Catering sales are growing year after year and plenty equipment to support the growth.

The location of the restaurant for sale is perfectly situated with easy access for parking, and plenty of visibility to the main road. On the average 28,000 cars a day go by the front door of this restaurant. Within a 3-mile radius there is a population of over 45,000 people. At a five-mile radius there is a population of over 82,000 people. The average household income is over $106,000 in this booming community of metro Charlotte.

An amazing concept like this restaurant for sale won't last long. High sales, incredible owner benefit, low rent, and ready for expansion of multiple locations. Get your offers ready and jump onto rare opportunity before it is gone!

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:

15 Dining Room Tables 7 Booth Seating Systems 25 Dining Room Tables 1 Custom Dining Tables 15 Bar Stools 2 Dining Room Trash Cabinets 1 Customer High Bar Counter 3 high chairs 4 TVs 1 open sign 4 high bar stools 2 high bar tables Line 1 double deep fryer hood system 2 burner stovetop 1 Grill 1 Flat Top Griddle 1 SS hand sink 3 Well warmer with steam cabinet 1 four foot deli table 1 POS 1 six foot deli table 1 Forced Convection Oven 1 two foot low deli table 1 camera system 1 digital display Bar area 1 POS and printer 1 Keg Cooler 2 SS hand sinks 1 Three compartment bay sink 1 Wine Cooler 1 Mug Cooler Kitchen 2 Insulated cabinets 1 eight foot deli table 1 mixer 1 Bakers pride stovetop Hood system 1 four deck pizza oven 1 two door reach in cooler 1 three door reach in cooler 1 two foot under counter cooler misc untensils music system 2 six foot under counter coolers 1 steam pro holding cabinet 1 electric holding cabinet 1 three compartment sink 6 sets of wire shelves 4 SS tables 1 three foot SS table 1 walk in cooler is a fixture 1 SS hand sink 1 bizerba slicer 1 single compartment sink

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%

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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