Popular Restaurant and Bar For Sale in Prime Charlotte Area! High Traffic Area Through Out the Day and Night ! Most sought area in the Charlotte Market! Bring your offers today to acquire this popular bar with nearly $3 Million in sales and an owner benefit of over $190,000!
This Restaurant and Bar for Sale hosts live music and DJ events in its 2500 square foot space. The restaurant seats 120 guests and in addition they have patio seating where guests have enjoyed the Charlotte weather, cocktails and an a amazing meal at their tables. This location is 100% turn-key. Bring your own concept or keep the same.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 . 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) 609-4460Lease Term: 10
Monthly Rent: $7500,
Indoor Seating: 80+
Inside Sq. Ft: 2500,
Hood System: Yes
Hours Open: Open night and weeks
# of Part-Time Employees: 10
# of Full-Time Employees: 30
Net Sales: $2799087.00
Owner Benefit: $189489