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Profitable Italian Restaurant and Bar for Sale $630,000 in Owner Benefit!

This highly profitable Italian Restaurant and BAR for Sale is racing by for a pit stop to pick up a new owner, but only one can get in! High volume and HUGE owner benefit. Bring 20% down and qualify for SBA lending. Nearly $3.4 Million in Sales !!!

This Italian restaurant and bar for sale is sweeping the market and racing by with no signs of slowing down. In 2021 sales were showing over $3,000,000 in sales. Sales growth is all this restaurant knows. If your experienced in the restaurant industry and looking to add to the portfolio then this business for sale is for you! 

Bringing in an owner benefit of over $613,000 in 2021 and in 2022 on track to be even higher. Situated in a highly sought after part of Charlotte and seeing growth all around this Italian Restaurant for sale. Major retail, expanding neighborhoods, high traffic counts and growing population has this restaurant destination seeing high growth. Located in a busy shopping center with a major grocery tenant. At a 5 mile radius there is a population of over 90,000 residents. The restaurant offered by We Sell Restaurants is on end cap space and has a direct visibility to the main road that is showing over 33,000 cars per day.

This Italian restaurant for sale is serving some of the best food in town. So many specialty dish favorites keep the guests coming back for more. This restaurant has plenty of Italian dishes to keep every guest coming back for more. From favorites such as calamari, risotto, salads, marsala, bruschetta, gnocchi, chicken parmigiana, and so much more! 

When you buy this restaurant, you are stepping into a well-oiled machine that is ready to go for any new owner. No need to purchase new equipment or spend thousands on up fit costs. This restaurant Italian restaurant for sale is ready to go with all of the latest equipment. From Six Burner Stovetops with ovens, deep fryers, hood systems, pos systems, reach in freezer, walk in coolers, dish system, deli tables, server stations, charbroiler, and one amazing patio for that beautiful Charlotte weather.

With such a high sales volume year after year, and incredible owner benefit this Italian restaurant for sale will not last long. Complete confidentiality today and bring an offer. 

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) 609-4460

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#: 8979
  • Price: $1650000
  • Location: Charlotte

Lease Term: 11 years

Monthly Rent: $7484.50,

Indoor Seating: 119

Inside Sq. Ft: 2100 , 900,

Hood System: Yes

Hours Open: Monday & Tuesday 4:30pm to 9:30pm, Wednesday

# of Part-Time Employees: 8

# of Full-Time Employees: 19

Net Sales: $3354116.06

Owner Benefit: $630550.7

Features

  • High Volume Italian Restaurant
  • Profitable and Ready for new owner
  • Busy Shopping Center
  • High Traffic Counts
  • Seller has completed the groundwork for a successful business.
  • Ample Parking
  • Patio Space
  • BAR
  • Booming Town
  • Bar for Sale
Profitable Italian Restaurant and Bar for Sale $630,000 in Owner Benefit!

STEP ONE TO

OWNERSHIP

ACKNOWLEDGE
CONFIDENTIALITY

For Additional photos, financial information and equipment list

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