Contact Broker
4201 Stuart Andrew Blvd, J
Charlotte, North Carolina 28217
(View Map)
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
20+ years in operations and 17+ years in brokerage.
Services Provided
Restaurant and food service business sales
Commercial property sales
Investment properties
Commercial leasing
Design & Construction
F&B Business Operations Consulting
Areas Served
Professional Affiliations
Appalachian State University
Business For Sale Listings
Cash Flow: $80,000
Charlotte, NC
View Details Breakfast Only Cafe - 20 Years In Biz
Sunny Side Up Business Opportunity!Breakfast Only Cafe - In Biz 20 YearsThis business offers benefits that you won't find on the balance sheet ... solid cash flow, great margins, simple menu, and it operates on only 35 hours per week (5 days per week/7 hours per day). This breakfast only concept generates nearly 600K/year in annual revenue on such a limited schedule. Proof that there's much more being left on the table for the next owner. There are a bounty of opportunities to greatly increase revenues. Addition of lunch to the existing schedule. Adding brunch on Sundays. Adding an extra day of operations. If you're really adventurous, add lunch & dinner! The canvas is yours when you take over this well-established local icon. The owner has spent nearly 20 years building a very loyal customer base. But they are ready to ride off into the sunset of retirement Less
Cash Flow: $115,000
Charlotte, NC
View Details Sandwich Franchise
Sandwich franchise available for sale in the Charlotte metro area. Located in s a high-traffic suburban area with strong local demand and an established customer base. Business has a proven 13-year operating history and is the owner is absentee, creating an attractive opportunity for either and investor or owner-operator that can increase profitability through a more active management. Currently, this unit generates close to $115,000 in owner benefits - potentially more for an owner-operator. Turn-key operation with trained staff & management in place with established systems. Business benefits from strong brand recognition as part of a nationally recognized sandwich franchise system. If you are ready to take the leap into the fast casual world with a proven national franchise, contact Neil Hawver in our CLT office to schedule a confidential review of this and other opportunities. Less
Charlotte, NC
View Details Lake Norman Grill & Deli
This restaurant acquisition opportunity in the heart of one of Lake Norman’s most desired retail centers is a perfect opportunity for the aspiring restauranteur looking for a low cost of entry and simple menu. While the owner isn’t willing to part with the name, they are willing to share some of their 30+ years of industry experience and guidance with the up & coming food-preneur that decides to take over this space and continue with a similar menu. This area of Lake Norman has seen a surge of immense growth as a result of the expansion of Lowe’s corporate headquarters and the demand for lake living in the Carolinas. And this 1,185SF spot will continue to capitalize with the right leadership. Includes an 8’ hood in a very efficient kitchen layout that can support just about any menu variation. Less
Charlotte, NC
View Details Heart of South End Key Money Opportunity
Opportunity to secure this retail space in the heart of the most walkable area of the South End district. This 975SF ground floor gem is priced right for your premium coffee, artisan ice cream, dessert bakery, or trendy bubble tea concept. South End is the undisputed epicenter of CLT's pedestrian culture. The rooftops are plentiful & filled with the youngest and brightest the city has to offer. Concepts that cater to their needs flourish. Surrounded by some of the hottest night life spots, the lights here stay on beyond the midnight hour for a concept that can capitalize. And the sidewalks are buzzing with pedestrians in search of Colombian beans. When you walk in the door, you'll find an Instagram-able aesthetic infrastructure that you'll be able to leverage for organic marketing. Whether your brand is set to capture the a.m. coffee drinkers or the p.m. Less
Cornelius, NC
View Details Lake Norman Key Money Restaurant
Lake Norman Key Money RestaurantIf you're looking for a place with character for your brand, this is a rare Lake Norman opportunity. Turn the keys, not the wrenches - you'll be able to walk in and convert this spot with minimal additional investment. Currently operating as a BBQ concept, this is a plug n play canvas for the breakfast, cantina, pizza, burgers/brews, or other popular concepts in the QSR category. The owner here however is ready to enjoy the sunset years after a few decades in business with this brand. Make them the right offer and the keys are yours. The Lake Norman corridor continues to outpace national averages in just about every dining category. Occupying a foot print in this popular destination could be just what your brand needs to thrive. You'll be acquiring 9 years of lease (including option) on this 2,100SF+/- location that includes 60+ seating capacity inside + 20+ additional on the patio. The kitchen Less
Charlotte, NC
View Details No Frills Take-Out Pizza Joint In Gaston County
Gaston County, to the direct West of Charlotte, has become one of the most active and fastest-growing suburbs in the area - with no signs of slowing down. This old-school, no-frills, NY-style pizzeria operates out of 700SF+/- with a take-out delivery model that only operates 5 hours/day. No need to expand hours though. If it ain't broke, why fix it? But the place could use a more owner-operator vibe. The current owner operates multiple restaurants in the area and just has too many projects on their plate to give this place the attention it deserves after nearly 20 years in business. Generates over 70K in owner benefits with an absentee operator - but bring that old-school energy and vibe back to this place and it will flourish even more financially - on the top line and the bottom line. The opportunity here is somewhat of an oxymoron - it needs some Less
Cash Flow: $65,000
Statesville, NC
View Details Bar For Sale In Historic Downtown Statesville
Welcome to The Watering Hole, a staple of West Broad Street in Downtown Statesville, NC. After building a solid little bar business, the current owner is looking to exit the business and return to their passion for teaching – opening the door for you to take over this little gem.With just over 3,000SF of prime downtown lease and operating on a 5-day-week schedule, this bar is well-positioned for a seasoned operator to enter the picture with a solid business that is ripe for new blood and opportunity. Only offering beer & wine, the lane is wide open to add full liquor. Downtown Statesville, with the growth of the Lake Norman area, is experiencing a surge of retail development. Residents are returning to Old Town Statesville for its charm and simplicity. Iredell County has seen the 2nd highest retail growth in the state of NC, making this one of the highest Less
Charlotte, NC
View Details Put Your Dessert or Bakery Concept Here
Key-Money Bakery or Dessert OpportunityLake Norman AreaIf you've got a dessert or bakery concept, but just looking for the right place to land it ... this opportunity is for you. For less than 100K, you can park your brand in this prominent Lake Norman retail community and bring this space to life with your vision. The owner of the current brand needs to relocate overseas for a professional opportunity, so they are offering this key-money opportunity to the market. This 1,100SF+/- spot is located in one of Lake Norman's most prestigious retail & residential communities - offering an opportunity for you to launch your business in the heart of one of the area's most sought-after demographics. Well above-average household income and a high-traffic shopping plaza await you here. All equipment conveys ...Taylor Soft Serve MachineSandbar Kei Truck for Mobile Less
Cash Flow: $400,000
Charlotte, NC
View Details Italiano Ristorante - Modern Italian Restaurant For Sale
Modern Italian Restaurant For Sale in Popular Lake Norman, NCTurn key Italian dining experience in the heart of one of Lake Norman's most affluent communities. After building this culinary staple into a machine generating over $400,000 in annual owner benefit for the past 5 years, ownership is looking to move on to focus their energy on other lucrative investments. The foundation is set ... all this place needs is a new captain at the helm to continue the current trajectory. This modern Italian restaurant operates on a 6-day-week schedule, offering lunch & dinner service. The owner is semi-absentee with strategic key-holders and management potential in place.Over 3,000SF with a very favorable lease rate at only $7,415/monthly rent that includes a beautiful 50-seat, year-round outdoor patio space. The surrounding Lake Norman community is robust with solid Less
Cash Flow: $130,000
Charlotte, NC
View Details North CLT Pizzeria - Well Established & Solid Cash Flow
Located in one of CLT's fastest-growing population growth areas, this North CLT neighborhood pizzeria has been going strong for 15+ years and has developed a solid reputation in the area.Owner is looking to retire however, and finally pass the baton to an operator that can simply continue the success, but leverage technology to streamline operations a bit. Sitting on the end cap of a high-end grocery anchored center at just over 1600SF, annual sales are consistently in the 900K= range on a 6-day work week (closed Mondays). Owner benefits and cash flow are also consistently north of $130,000. The kitchen comes fully equipped with a double-deck Bakers Pride oven, Hobart mixer, 12' hood system, deep fryers, gas range and much much more. Dining room is designed for mostly take-out, but has approximately 35 seats for in-house dining. Owner is willing to offer Less
Cash Flow: $200,000
Charlotte, NC
View Details Small Town Dive Bar & Music Venue - 200K Cash Flow
National Restaurant Properties presents this opportunity to acquire this existing dive bar & music venue with over 200K of annual owner cash flow. Located in a small town East Charlotte suburb, far away from the hustle & bustle of the city, the mostly absentee owner of this "upscale roadhouse" bar & grill is ready to ride his Harley into retirement ... and has decided to finally pass the torch to another operator that can kick things up a gear or two. In addition to the 200K of annual owner cash flow, this place includes ...A well-equipped stage & equipment for live music of the country/rock variety8 pool tables to entertain the guys with two left feet while their women hit the dance floorA kitchen that'll whip up anything from burgers to chicken parmesanAnd a full bar serving cold beers and strong drinksFor an operator with vision, this place can be Less
Charlotte, NC
View Details 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 Less
Cash Flow: $325,000
Charlotte, NC
View Details 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. Less
Charlotte, NC
View Details NODA Key-Money Restaurant & Bar (Mabi Cocina)
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 Less
Charlotte, NC
View Details 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 & Less
Charlotte, NC
View Details 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. Less
Cash Flow: $150,000
Charlotte, NC
View Details 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. Seller will finance inventory. Lease is in place long-term. 6 years remain with 10 years of renewal options. For more information, contact National Restaurant Properties. Less
Cash Flow: $102,000
Greensboro, NC
View Details 2-Unit Ice Cream, Yogurt & Dessert Concept
Over the past 8 years, current ownership has increased revenues YOY on the way to building one of the most recognized independent brands in the area. But if you've got an eye towards something you can build on and ultimately franchise yourself, this is definitely worth a glance. What this brand needs to be even more profitable is an owner that has the capability of being much more involved and the time to invest in the details that matter - creating a culture, building a vibe, and creating systems that are going to be the key to growing this brand more deeply into and beyond the Triad market.Current ownership here has created something that is buzz-brand worthy and what they have done is to be congratulated. But it now needs different leadership at the helm that can really dive into the day-to-day and create the footprint in the community that it deserves. Each unit is 1,500 roughly square feet - and combined rents are Less
Charlotte, NC
View Details Catering Kitchen Facility with Real Estate
This is an extremely rare opportunity to acquire a 3,150SF commissary kitchen facility with real estate in North Charlotte with a sizeable roster of tenants in place - providing a steady flow of monthly rental income. There's a little more to the story though - the owner has used this facility as a breeding ground for foodie entrepreneurs, in addition to operating his successful catering business. This is not only an investment opportunity - it is an opportunity to pay it forward if you're one that has years of business operations experience and would like to continue that tradition.Current tenant roster includes food manufacturing, baked goods, catering, and multiple food trucks - and with the demand for commercial kitchen space at an all time high, there's a constant waiting list of potential replacement tenants. Monthly Rental Income: $7,000/month Less
Charlotte, NC
View Details Pizza & Pub For Sale In Cabbarus County NC
This Pub & Pizzeria was completely overhauled & remodeled just over a year ago … a gem of a deal for the next operator to walk into a ready to go and “just out of the box” pizza restaurant with an established clientele in place. The current owner purchased this restaurant in 2023, then proceeded to reinvest into the infrastructure and launch a new brand. He’s decided however that retirement looks like a much better option for him after many years in the industry. Ready for a Pizza-Preneur to take advantage of the investment he’s made into the space but give the place an identity and personality behind the counter. Everything else is in place. Equipment package includes: a 20’ Hood, pizza oven, indoor seating package for 38 + an outdoor patio seating package for 28, multiple large-screen TV’s, Spot On POS system, 6-tap keg cooler, walk-in cooler, and all kitchen line equipment. Contact Neil Hawver at National Restaurant Less
Greensboro, NC
View Details 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 Less
Cash Flow: $370,000
Charlotte, NC
View Details 2-Unit BBQ & Wing QSR - Ready To Sell Franchise Agreements
This opportunity is ripe for a proven restaurant brand developer looking for a multi-unit concept that is set up for growth potential. The owners of this BBQ & Wing concept have positioned the brand for franchise expansion growth - investments have been made & FDD's are ready - just need the right professional to take over operations and drive that growth. Solid branding. A proven menu. Simplified operations and SOP's in place. Current locations are perfectly aligned with the target consumer. One on the outskirts of CLT and the other in the Triad area of NC. Each location is set up for success with solid revenues, profits & SOPs. Concept was designed top to bottom with key efficiencies in place. Both are set up to capture both in-house and 3rd party revenue opportunities. Combined Revenues: $2.2 MillionCombined Cash Flow/EBITDA: $370,000/Year (17%)Contact National Restaurant Properties to have a confidential conversation about Less



