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Lake Norman Restaurant with RE for sale producing $740k+ owner benefit!

Opportunity is knocking to acquire a Well Established Business with Building and approximately 2 acres of Real Estate. This Restaurant for Sale is Popular and Profitable. Over 30 years in business! This will not last long on the market!! Over $740,000 owner benefit. 

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 their first day! This successful Steak and Seafood restaurant has been a local favorite since opening over 30 years ago. Customers drive for miles to enjoy this restaurant with raving reviews. In 2021 they easily did over $2,500,000.00 in sales serving dinner only. Expand 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. Be your own landlord and own the real estate too so it grows in value for years to come. 

Now is your chance to own restaurant and be your own landlord. Why pay rent or build from scratch when you can invest even bigger in your future with owning the real estate? This Restaurant for Sale by We Sell Restaurants is 100% turn key! The space is 9300 square feet with 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 seafood, desserts , kids menu and don't forget that amazing salad bar. The wine and cocktail list is extensive and compliments any meal very well. Daily specials round out the menu to keep folks coming back again and again. 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 10% 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#: 8735
  • Price: $4125000
  • Location: Charlotte

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: $2506456.51

Owner Benefit: $749901.76

Features

  • Turn the keys and start making money today!
  • SBA lending available
  • Restaurant with Real Estate
  • Popular with the locals
  • Proven Concept
  • Approximately 2 Acre Property
  • Great Location
  • Seller Training Available
  • Established over 40 years
  • Huge Parking Lot
  • Limited hours.
  • Restaurant for Sale
Lake Norman Restaurant with RE for sale producing $740k+ owner benefit!

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CONFIDENTIALITY

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