Iconic Steakhouse Restaurant for Sale

Not Disclosed, NC
Catawba County


Asking Price: Annual Revenue:
$1,199,000 $2,506,456

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Iconic Steakhouse Restaurant for Sale Broker: Justin Scotto

Quick Facts

Asking Price: $1,199,000
Annual Revenue: $2,506,456
Net Profit: Not Disclosed
Cash Flow: $605,901
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1972
Employees: 46
BBN Listing #: 13508096
Broker Reference #: 8734

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Business Overview:

Highly Successful Free Standing Steakhouse and Seafood Restaurant with full cocktail bar. This Restaurant for Sale has an Awesome Owner Benefit of over 600k! Like an Outback, Texas Roadhouse, or even a Longhorn steakhouse without the royalties and franchise oversight. Ever wanted to own a big player in the market, then this is it !! Buyer will find profitability on day one ! This successful Steak and Seafood restaurant for Sale has been a local favorite since opening over 30 years ago.Very popular place, always busy even during the pandemic. Customers drive for miles to enjoy this restaurant with excellent reviews. In 2021 they easily did over $2,506,000.00 in sales serving dinner only. Expanded hours of operation and watch your sales grow! This Steakhouse/Seafood Restaurant for Sale in North Carolina is located off a major road and is highly visible with tons of parking to handle large groups. This Restaurant for Sale by We Sell Restaurants is 100% turn key! The space is 9300 square feet with a rent of $17,500.00 and seating for 300 plus patrons.The fully equipped commercial kitchen features a walk- in freezer and cooler, broiler, stove and oven and so much more. This kitchen has everything you need to keep the current menu or add some ideas of your own. This Restaurant for sale offers full service dine in or take out with limited hours of operation ( 5 days a week). The menu is very popular amongst locals and new customers driving for miles to experience an amazing dinner. The menu includes such items as appetizer's, choice aged steaks, high quality fresh seafood, desserts , kids menu and don't forget that amazing salad bar. The wine and cocktail list is extensive and compliments the food very well. All recipes and a fully trained staff will remain behind for the new owner who has only to turn the key and take over this profitable restaurant for sale. This Restaurant 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!

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Property Features and Assets:

3 FURNITURE AND FIXTURES 3 INDIAN STATUES INDIAN ART 1 SADDLE 1 PARTITIONS 1 COPIER 3 TVS OFFICE FURNITURE 1 OFFICE CHAIR 1 LAPTOP 1 ALARM SYSTEM 1 MUZAK AMP 1 IPAD 1 WATER HEATER 1 MAC PRO BOOK COMPUTER 1 DESK 1 COMPUTER 1 DISHWASHER 2 FLOUR BINS 20 METRO SHELVES 8 SS TABLES 1 M3 2 DOOR FREEZER 1 M3 2 DOOR REFRIGERATION 1 MS 2 DOOR UNDER THE COUNTER 1 M3 3 DOOR BEVERAGE REFRIDERATOR 1 BERKEL SLICER 3 50LBS FRYERS ANETS1 FRYER 75 LBS 1 CRESCOR WARMING CABINET 1 HOBART MIXER 2 AMANA MICROWAVES 1 8FT SS BEVERAGE COOLER 1 WALK IN FREEZER IS A FIXTURE 1 SUNFIRE 6 BURNER RANGE AND OVEN 1 VULCAN 6 BURNER RANGE 1 VULCAN FLAT TOP RANGE AND OVEN 2 SS SHELVES 1 CLEVLAND STEAMER 2 SS SHELVES 2 TRENTON WALK IN COOLERS IS A FIXTURE 1 DOUBLE STACK VULCAN SNOR 1 NES TELEPHONE 1 GE SECURITY SYSTEM 3 EPSON PRINTERS 10 KOLAR HIGH CHAIRS 6 BABY SLINGS 1 CAN TREE 2 CAMBRO CARTS 10 SS TABLES 10 HATCO 6 FT HEAT LAMPS 2 JADE 48 RANGES 2 TRAULSEN UNDER THE COUNTER 2 AMERICAN STANDARD SINKS 1 TRUE 8FT 4 DOOR SALAD PREP 1 CAPTIVE AIR HOOD AND FIRE SUP IS A FIXTURE 1 HOT CABINET 1 2013 ARCTIC CAT 700 2 NEW CASH REGISTER SYSTEM 1 FREEZER 1 CONVECTION OVEN 1 PITCO FRIALATOR 40 LB FRYER 1 FREE STANDING WARMING DRAWER

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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