Blue Line Special - QSR Key-Money Deal on CLT's Light Rail Line
Business Description
QSR Key Money Deal on CLT’s Blue Line
This turn-key restaurant acquisition is a ripe opportunity for another local brand looking to capitalize on one of the Blue Line’s busiest hubs. After a successful 6-year run, current ownership is consolidating and restructuring its local footprint in the market.
A brand and menu with an urban flair that caters to the local UNC Charlotte student community, as well as urban commuters connecting to Uptown, will be
positioned well here.
This development has a mix of restaurant and service-oriented tenants that
create a unique hub of activity from morning till night. The light rail station serves both commuters and local residents – with pedestrian links to both UNC Charlotte’s student population and the Shoppes @ University Place. Plus, an 800-space parking structure that provides easy access for 3rd party delivery services.
The infrastructure of this business has been developed – and just waiting on someone to chart a new path with their own up & coming urban brand.
Replacement or build-out costs on this QSR restaurant would easily surpass 800K.
But this location can be had for 20-25% of that – and with small cosmetic changes,
be up & running within 30 days of acquisition.
Whoever chooses to set up shop here will also enjoy the benefits of a rent structure that is about 25% less than the current market for the next 14 years.
Other comparable spaces are being marketed in the area for over $40PSF. Taking over this space though at a current rate of less than $33PSF = 15-20K of additional profits.
If you’re looking to land your brand in the University Market, there aren’t many other options that offer a turn-key opportunity with savings going in the front door and through the back door.
Contact National Restaurant Properties to confidentially discuss this and other F&B acquisition opportunities across the Charlotte metro.
This turn-key restaurant acquisition is a ripe opportunity for another local brand looking to capitalize on one of the Blue Line’s busiest hubs. After a successful 6-year run, current ownership is consolidating and restructuring its local footprint in the market.
A brand and menu with an urban flair that caters to the local UNC Charlotte student community, as well as urban commuters connecting to Uptown, will be
positioned well here.
This development has a mix of restaurant and service-oriented tenants that
create a unique hub of activity from morning till night. The light rail station serves both commuters and local residents – with pedestrian links to both UNC Charlotte’s student population and the Shoppes @ University Place. Plus, an 800-space parking structure that provides easy access for 3rd party delivery services.
The infrastructure of this business has been developed – and just waiting on someone to chart a new path with their own up & coming urban brand.
Replacement or build-out costs on this QSR restaurant would easily surpass 800K.
But this location can be had for 20-25% of that – and with small cosmetic changes,
be up & running within 30 days of acquisition.
Whoever chooses to set up shop here will also enjoy the benefits of a rent structure that is about 25% less than the current market for the next 14 years.
Other comparable spaces are being marketed in the area for over $40PSF. Taking over this space though at a current rate of less than $33PSF = 15-20K of additional profits.
If you’re looking to land your brand in the University Market, there aren’t many other options that offer a turn-key opportunity with savings going in the front door and through the back door.
Contact National Restaurant Properties to confidentially discuss this and other F&B acquisition opportunities across the Charlotte metro.
About the Business
- Years in Operation
- 6
- Facilities & Assets
- Urban Center Close to Light Rail
Mix of Restaurant & Service-Oriented Tenants
Hood, Line Equipment, Bathrooms, Seating Package
Turn-Key 1908SF +/- - Market Outlook / Competition
- One of only few restaurants accessible to pedestrian commuters
University 3rd Party Delivery Strike Zone (University & Medical) - Opportunities for Growth
- Great 2nd - 3rd Location For Established Local Brand
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,908
- Rent
- Not Disclosed
About the Sale
- Seller Motivation
- Consolidation
- Transition Support
- NA
- Financing Options
- Some Seller-Financing Considered
Listing Info
- ID
- 2411359
- Listing Views
- 5
Listing ID: 2411359 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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