Popular Restaurant for Sale $1.6 Million in Sales & $259,000 Owner Benefit

Independent Restaurant for Sale showing huge owner benefit of $259,000 and no signs of stopping anytime soon. Pre and Post Covid-19 sales growth is on the rise. Bring 30% down for SBA lending.

Sellers are looking to retire from this amazing restaurant for sale. Serving up some of the best food in town, this restaurant is experiencing sales like no other. The ground work has been completed for any new buyer. If you are looking for a very successful business with super high owner benefit then this is the best option for you. Opportunities like this do not last long. 

This restaurant for sale offered by We Sell Restaurants is located in a booming town just South of the Charlotte Market. This location was booming before covid-19 and doing even better currently. With a full dine-in business it also has very busy take-out business that is growing every day. Serving up three meals a day there is no slow down in sight. The breakfast menu is popular for its omelets, pancakes, biscuits, and french toast. For lunch and dinner it is serving some very popular burgers, wings, chicken, ribeye, and salads. With so many flavors of wings, customers are surly to eat at this establishment multiple times a week. Very popular with the locals as this is the restaurant of choice for the community.

Sales are of over $1,618,475 in 2019 and increasing for 2020. On track to beat 2019. A sure home run for any buyer coming to the closing table with a owner benefit of $259,000. This restaurant for sale is staffed and training is available with seller. Still plenty of growth available as the community grows. Seller currently does not do marketing promotions, but any new buyer can increase marketing and sales at the same time with little effort. Catering is a huge opportunity not even tapped into, but ready for a buyer to grow.

The restaurant for sale is fully equipped and in "like new" condition. All equipment has been maintained over the years and ready to go for any buyer. 
Such equipment as dining tables and chairs, walk in cooler, walk in freezer, POS machines, holding cabinets, patio furniture, dish cleaning system, hood, convection oven, multiple storage shelves, prep tables and much more. No need for a buyer to spend anymore on equipment. This one is ready to go! Menu and all recipes included with purchase. 

New lease and additional rent term available with landlord. Current square footage is 3281 and all in rent is $4500 per month. Easy terms for a booming business!  Complete confidentiality today so you can jump into this very successful Restaurant for Sale in no time at all. All offers welcome. 

This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval. The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios. The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise. The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.

Please click on the tab below to easily acknowledge confidentiality on this Restaurant for Sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Justin Scotto at (704) 609-4460

This is an exclusive listing of We Sell Restaurants who is the rightful owner of all intellectual property associated with this website. This may not be duplicated without the express permission of We Sell Restaurants. We Sell Restaurants is a federally registered trademark.

Listing

  • Listing#: 7753
  • Price: $755000
Lease Term: 10 year term
Monthly Rent: $4500,
Indoor Seating: 110
Inside Sq. Ft: 3281,
Hood System: Yes
Hours Open: Monday - Saturday: 6:00AM - 9:00PM
# of Part-Time Employees: 40
# of Full-Time Employees: 4
Net Sales: $1618475.00
Owner Benefit: $259025

Features

  • Free Standing Building
  • High Volume over $1,600,000 million in sales
  • Amazing take-out business
  • Designated parking lot
  • Huge Owner beneft
  • Low Rent
  • Ready for New Owner
  • Growing Community
  • Restaurant for Sale