Scott Lee

National Restaurant Properties

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nationalrestaurantproperties.com


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4201 Stuart Andrew Blvd, J
Charlotte, North Carolina 28217 (View Map)

Affiliated Broker
Sherman Walters

About the Company

Sherman is CEO of National Restaurant Properties, the only full-service commercial real estate & business consulting firm in the Carolinas, as well as Bread N Butter Restaurant Strategies.

National Restaurant Properties has been helping bar & restaurant operators sell their F&B businesses since 1969. Sherman joined the firm in 2008. He and his family were Dairy Queen franchisees in the Charlotte area. Since, he has developed relationships with industry leaders and start ups all over North & South Carolina and has earned a reputation as an honest broker who fights for both his clients, as well as the F&B industry.

Sherman has worked with and advised business owners and brands from the High Country of NC to the Low Country of SC. While his list of accomplishments and successful clients is vast, his core passion is simple - respect the people that shape the F&B industry, whether their journey is just starting or they own 50 units.

Broker Biography

Introduction

Scott is COO of National Restaurant Properties, the only full-service Business Brokerage & Commercial Real Estate firm in the Carolinas, as well as Bread N Butter Restaurant Strategies.

National Restaurant Properties has been helping bar & restaurant operators sell their F&B businesses since 1969. Scott joined the firm in 2008 after a lengthy career working with some of the most reputable bar & fine dining brands in Charlotte.

Scott's network of F&B industry players throughout the Carolinas is deep and broad - if you're looking to sell your high-end bar or restaurant, Scott likely has your buyer in his contacts.

As COO, Scott leads all Business Brokerage efforts for each of our local offices and oversees our brokers across the state on those projects.

Services Provided

Business Brokerage
Menu Development
Bar/Restaurant Operations & Consulting

Areas Served

  • Brunswick County, NC
  • Cabarrus County, NC
  • Gaston County, NC
  • Iredell County, NC
  • Lincoln County, NC
  • Mecklenburg County, NC
  • Union County, NC
  • Horry County, SC
  • Lancaster County, SC
  • York County, SC
  • Professional Affiliations

    Western Carolina University (Finance)
    UNC - Wilmington

    Business For Sale Listings

    $375,000
    Charlotte, NC 
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    Plaza-Midwood Area Cocktail Lounge - 200K

    Even with the new submarkets developing across the Charlotte region, Plaza Midwood remains one of the most sought-out destinations in the entire region. Brands that operate here cater to one of the most diverse demographics in town - from high-level corporate types to the creative artsy types, and everything in between, harmoniously dining & drinking together. Current ownership just has too many other irons in the fire that are distracting away from operations here. Whether you decide to continue with the current brand, or are looking for a spot to launch your own concept, this opportunity is priced to appeal to both options. And the sellers are offering the option to loan you 1/2 the funds to help get off the ground running while keeping liquidity available. You won't find a more desirable lease in the area. This space has an existing and assignable lease 

    $850,000
    Cash Flow: $320,000 
    Charlotte, NC 
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    Chef-Inspired Italian Restaurant & Pizzeria

    National Restaurant Properties presents this chef-inspired and family-operated Italian Restaurant & Pizzeria for sale in the Cabarrus County market, just north of Charlotte. This old-school joint brings the New York vibes, culture and taste to this suburb of Charlotte, and the owners have been well-rewarded for their efforts and consistency by the local community. You won't find a spot with a better established reputation - been going strong from day one over a decade ago and hasn't slowed. The owners have reached that point of looking for the exit door that leads to the golden days of front porch sitting and grandbaby kissing, also known as retirement. We are looking for the operator that is equipped to step into this existing restaurant business, appreciate the value that it already brings to the community, but also recognize areas that could gradually be modernized without loosing that original feel. With nearly $1.5MM in 

    $795,000
    Cash Flow: $325,000 
    Charlotte, NC 
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    Cocktail Lounge & Kitchen - 325K Annual Revenue

    This thriving cocktail lounge generates more revenue on a limited 4-day/week dinner only schedule that other spots in town with double the rent expense. This is a ripe opportunity for a local restaurant group to take over or an experienced operator that understands the elements of night-life programming & operations. Long term lease in place = current lease expires in 2032 and includes two additional 5-year options. So the location is locked down under a very favorable term for 16+ more years. Currently only $24 PSF, compared to other areas at $45-$55 PSF. Contact National Restaurant Properties to explore this and other F&B business opportunities across the Carolinas. 

    $295,000
    Charlotte, NC 
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    Fine Dining Italian Bistro - South CLT Suburb

    This quaint Italian Bistro has a well-earned reputation after over a decade in business. Known locally as the THE date night spot in this suburb community just outside of the Charlotte-Mecklenburg limits. With nearly $1MM in annual revenue and an occupancy cost around 6%, the chef owner is looking to retire after a very successful run in the industry. This is an opportunity for the local chef that is looking for an established business and brand already running, with a reasonable 5-day work week, in a community that is just small enough to get to know your customers by name, but with the amenities of a major metropolitan market.Included in the asset package ... An overly-impressive ambianceA small & efficient kitchen package with a 16-foot hoodFull line of equipment + expoFull barA coffee & dessert barInterior seating package for 60+Patio seating package for 24+Currently putting less than 10% to the bottom line due to owner's 

    $650,000
    Charlotte, NC 
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    NODA Key-Money Restaurant & Bar

    KEY-MONEY RESTAURANT/BAR IN HEART OF NODAThis is one of the more impressive and immaculate build-outs in the NODA market. Within walking range of the NODA light rail station and in a mixed-use development that offers a great mix of supporting tenants. And an interior + patio space that creates an ambiance that rivals anything else in the area. Current owners are restructuring and consolidating their operations, thus offering this space up for a brand looking to make an entry into one of CLT’s most in-demand culinary markets. Included in the asset package is a great outdoor patio space, an impeccable bar, and a kitchen that was designed by one of the area’s most recognized chefs. A multitude of concepts would play well here. If you’ve been looking for a spot in the NODA District to stake your brand’s flag, this 2nd Generation opportunity should be on your list of options. Priced at roughly a 1/3 of replacement cost with a very 

    $795,000
    Charlotte, NC 
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    Craft Italian QSR Market & Bar

    Craft Italian Fast Casual Market & Bar - Urban CLT LocationThis craft Italian Market pumps out some of the most unique and original blends of pastas, pizzas, salads & sandwiches in a fast-casual environment that caters to all day parts and has a thriving online presence with well above-average delivery & online ordering revenues What Chipotle did for Mexican, this brand with broad marketing capabilities can do for Italian. The same way Chipotle brought craft to Mexican fare, this brand brings craft to Italian fare. When you walk in the doors of this place, you'll realize that every element was meticulously put together with the eye of a true creative. And that the kitchen design is flawless with every aspect designed with efficiency and speed in mind - with systems that create consistency through every proprietary recipe that was imagined by some of the brightest minds in the industry. If you've been looking for the next up & 

    $189,000
    Charlotte, NC 
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    Turn-Key Fast Casual Restaurant - Rock Hill, SC

    Bring Your Own Concept!Key-Money Acquisition OpportunityThe owners invested over 700K into this restaurant space just over a year ago. But due to circumstances, they are offering the space for a fraction of what it would cost to replace. Heavy retail corridor of Rock Hill, SC. The owners of this fast casual franchise brand hit a homerun with their first location in Charlotte. Then boldly expanded into the Rock Hill market shortly thereafter. Unfortunate health issues and circumstances however, have greatly affected their operations capabilities. And they never have been able to focus on this location since they opened. Their unfortunate circumstances are your opportunity though. Bring your brand to one of the most desired suburb markets surrounding the CLT metro area. Rock Hill is on everyone's radar now due to significant growth over the past decade. No other CLT suburb has invested more into strategic growth than Rock Hill. 

    $325,000
    Cash Flow: $200,000 
    Charlotte, NC 
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    Liquor Store For Sale - York County SC

    York County SC Liquor Store For SaleIt's often said that selling spirits is the 2nd oldest profession ... in good times and in bad times, this is an industry that flourishes and is resilient against nearly any economical circumstance. When times are tough, people drink. When times are good, people drink. When times are so so, people drink. It's the 2nd oldest commodity in the world. This is your opportunity to jump into this recession-proof business model. In a market with one of the most sought-after demographics in the entire CLT market. Everything is here that you need to get rolling. Roughly 100K of inventory, NOT included in purchase price. Lease is in place long-term. 6 years remain with 10 years of renewal options. For more information, contact National Restaurant Properties. 

    $225,000
    Greensboro, NC 
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    Legendary Pizza Brand in Greensboro

    National Restaurant Properties is please to present this opportunity to purchase one of Greensboro's most legendary pizza shop brands. This pizzeria has been operating in Greensboro for over 4 decades. For 40+ years they've been serving up some of the best pies in the whole Triad area. Nothing spectacular about the decor ... just a good old school pizzeria. Today though the owners are retiring and searching for someone to take control of this iconic joint. The only thing required of the new operator is to take the reins, gradually implement newer technologies into the biz and keep things rolling for another 20+ years.Located in the heart of Greensboro and the greater Triad, there's a close-by university and a great deal of residential growth that provides opportunity for significant over the next few years.Contact Theresa Faulkner at National Restaurant Properties to discuss this and other F&B business opportunities across the 

    $195,000
    Charlotte, NC 
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    Mattie's Diner For Sale - Charlotte NC

    Vintage Jersey-Style Restaurant For SaleRevive this legendary brand or take over the assets and bring your own brand. This vintage Jersey-style greasy spoon offers one of the most eclectic vibes - in ambiance & customer base. You'll find everyone from the blue collar mechanic to the white collar bank executive breaking bread together over a Coke and a smile. The current owner has decided to move on for personal reasons and to focus on developing another brand, offering this business to the next operator with the verve and creativity to continue the current vibe - but also to create a new energy that will carry this business into the next decade and beyond. The current brand brought an old-school Jersey=style diner menu to the masses. But the operator that has a slightly different vision to add beer, wine and cocktails could leverage the existing brand identity to reinvent this business and add $500,000 or more to the top 

    Elite
    Scott Lee Serving Mecklenburg County, NC

    Scott is COO of National Restaurant Properties, the only full-service Business Brokerage & Commercial Real Estate firm in the Carolinas, as well as Bread N Butter Restaurant Strategies. National Restaurant Properties has been helping bar & restaurant operators sell their F&B businesses since 1969. Scott joined the firm in 2008 after a lengthy career working with some of the most reputable bar & fine dining brands in Charlotte. Scott's network of F&B industry players throughout the Carolinas is deep and broad - if you're looking to sell your high-end bar or restaurant, Scott likely has your buyer in his contacts. As COO, Scott leads all Business Brokerage efforts for each of our local offices and oversees our brokers across the state on those projects.

    Mike Grady Serving Mecklenburg County, NC

    Neil Hawver Serving Mecklenburg County, NC

    Neil joined National Restaurant Properties in 2022 after more than 20+ years of working with some of the most recognized national and local brands in the business. He leverages this background to bring common sense approaches to their business needs. neil@breadnbutterinc.com CORE SPECIALTIES Business Brokerage Tenant Representation Landlord Representation Commercial Leasing F&B Real Estate Acquisitions Franchise Sales Operations Consulting New Store Openings Multi-Unit Operations BACKGROUND: Neil came to NRP in 2022 after a long and successful career of 25+ years working both with national brands as well as local independent brands. Outback Steakhouse Hickory Tavern Brumit Restaurant Group Neil connects well with operators because of his seasoned approach to building a team and building consensus. And there’s not really a scenario that he hasn’t seen before and been able to maneuver through. Neil brings a sense of ownership to his projects that his client’s appreciate and respect. EDUCATION: Degree in Psychology – Jacksonville State University Minor in Business Administration Serve Safe Instructor Commercial Real Estate License – NC & SC What I Enjoy the Most About NRP and BNB I enjoy meeting owners & operators in the industry and learning about their journey. Helping them achieve their dreams of being a successful entrepreneur and growing alongside them. Favorite Quote(s) “Always remember people who have helped you along the way, and don’t forget to lift someone else up.” - Roy T Bennett “Incredible change happens in your life when you decide to take control of what you do have power over, instead of craving control over what you don’t.” - Steve Maraboli “You learn a lot about someone when you share a meal together.” - Anthony Bourdain

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