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Lake Norman Restaurant for Sale Producing $518,000 plus owner benefit!

Highly Successful Free Standing Steakhouse and Seafood Restaurant with full cocktail bar. This Restaurant for Sale has an Awesome Owner Benefit of over $518,000! Like an Outback, Texas Roadhouse, or even a Longhorn steakhouse. Get in low cost and low royalty of 3% of sales. Priced well below market value and Seller ready to make a deal?. 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 $19,000.00 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!

             













 

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#: 8734
  • Price: $599000
  • Location: Charlotte

Lease Term: 10

Monthly Rent: $19000,

Indoor Seating: 320

Inside Sq. Ft: 9308 | | ,

Hood System: Yes

Hours Open: Sunday and Monday: Closed Tuesday-Saturday --Dinner Only

# of Part-Time Employees: 44

# of Full-Time Employees: 2

Net Sales: $2498260.80

Owner Benefit: $518947.51

Features

  • Great menu and location!
  • SBA lending available
  • Profitable and Ready for a New Owner
  • Established customer base
  • Proven Concept
  • Ready for new owner.
  • High Visibility
  • Seller Training Available
  • Catering Opportunities!
  • Tremendous Profits and Owners Benefits!
  • Limited hours.
  • Restaurant for Sale
Lake Norman Restaurant for Sale Producing $518,000 plus owner benefit!

STEP ONE TO

OWNERSHIP

ACKNOWLEDGE
CONFIDENTIALITY

For Additional photos, financial information and equipment list

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