Breakfast, Lunch, Catering Deal, Downtown
Asking Price:   $275,000Inventory:   $15,000 **
Gross Revenue:   $450,000 (comments below)Real Estate:   n/a
Cash Flow:   $85,000 (comments below)FF&E:   $175,000 ++
++ included in the asking price         ** not included in the asking price
Gross Revenue Comments: There is additional sales opportunity in catering and private parties as well as alcohol sales/
Cash Flow Comments: Cash flow can increase for a hands on operator/chef
A wonderful opportunity has just become available for an operator in the downtown Charlotte market. This business is currently five days a week operation that focuses on breakfast and lunch and catering sales. This business is located in a prominent office building in the downtown area with access to adjacent daytime population centers. The restaurant is wonderfully decorated with a full kitchen and dining area with 120 seats and an outdoor seating area for 40 seats. There is a full bar if you want to expand the operation for dinner and to host receptions and private parties. This business has been operated by this owner beginning in 1995. The sales are $450,000 and the cash flow is $85,000. The asking price is only $275,000 and there is financing available to qualified operators.
About the Business
Year Established:1995
Employees:6 full time - 2 part time
Facilities:This facility has 4400 square feet of well appointed space. It is fully equipped and has seating for 120 inside and 40 outside.
Market Outlook and Competition:There are restaurants and bars in the downtown market.
About the Sale
Management Training and Support:Up to 30 days of training provided by the seller.
Reason For Selling:The seller is expanding another business that is outside of the restaurant industry.

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Re: BizQuest ID:973801
Seller ID:NHBCAR0065
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Business Listed By
Dick Campbell
National Hospitality Brokers
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