Restaurants for Sale - 2 Unit Concept

Cornelius, NC
Mecklenburg County


Asking Price: Annual Revenue:
$498,000 $1,376,372

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurants for Sale - 2 Unit Concept Broker: Justin Scotto

Quick Facts

Asking Price: $498,000
Annual Revenue: $1,376,372
Net Profit: Not Disclosed
Cash Flow: $231,950
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2002
Employees: 24
BBN Listing #: 98898096
Broker Reference #: 7006

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Business Overview:

Two Chicago Style Restaurants for Sale producing massive $1,376,372.00 in sales and a heart pumping Owner Benefit of $231,950! Owner ready for retirement and ready to hand over this easy to run concept ripe for franchising.

Why just have one location when you can have it all with these two restaurants for sale? This concept has been around for years and has a huge presence across the Charlotte Market. If you are ready for expansion with more locations or ready to take to a whole new market this is the concept for you. Both locations are in fantastic shape and have received much tender, love, and care throughout the many years these establishments have been in play. Bring just 20 percent to the table and these restaurants for sale should easily qualify for SBA lending with a 10-year term to pay off the loan while still putting a lot of money in your pocket.

Deep Dish Pizza and Chicago style hot dogs are just a few menu choices that customers love on a daily basis at these restaurants for sale brokered by We Sell Restaurants. These locations have 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.

One location has interior walls that are lined with brick and have that real "Chicago" feel when you step into. Custom tables in the dining room and even a built-in bar to serve plenty of beer and wine. The second location has a very similar feel and layout thinking it must be a chain. Clearly there should be more locations with this success the owner is experiencing. Rent is all in at an amazing $3,375.00 and $4,324.32 per month, combining for just 7.61% of revenue at these restaurants for sale.

Authentic deep-dish pizza is hard to come by, and this location 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 nearly $1.4 Million in sales, these restaurants for sale are certainly primed for growth and future locations.

Owner benefit is a growing $231,000. 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 more. These restaurants for sale have a very large catering footprint through-out the Charlotte Market. Catering sales are growing year after year and plenty equipment to support the growth.

An amazing concept such as these two restaurants 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!

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Property Features and Assets:

Location One 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 Location Two 17 Tables 5 Booth Seating Systems 36 dining room chairs 2 TVs 2 Dining Trash Cabinet 1 five foot deli table 1 four foot SS table 1 three foot SS table 1 POS machines 1 set of wire shelves 1 two foot under counter cooler 1 five foot ss table 1 three bay steam table with steam cabinet 1 double deep fryer 1 bakerpride oven with stovetop 1 Grill 1 four foot deli table 1 warmer 1 six foot deli table 1 six foot ss table 1 highchair misc utensils 1 Bizerba slicer 2 four foot ss tables 1 ice machine and bin 1 single compartment sink 1 three compartment sink 1 walkin cooler is a fixture 1 walkin freezer is a fixture 1 hood system is a fixture

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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