Chef-Inspired Italian Restaurant & Pizzeria

Asking Price$850,000

Cash Flow
$320,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,500,000

Inventory$20,000
Not included in asking price
FF&E$250,000
Included in asking price
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Chef-Inspired Italian Restaurant & Pizzeria


Asking Price$850,000

Cash Flow
$320,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,500,000

Inventory$20,000
Not included in asking price
FF&E$250,000
Included in asking price
Business Description
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 annual revenue and a healthy 320K/year in owner benefits, this business has everything in place that you'd want when purchasing an existing business - a proven menu, loyal customers, solid revenue and a bottom line that provides a very stable living. The menu & vibe here are dialed - just needs a new captain to steer the ship, and modernize the SOPs a bit.

For more information about this and other F&B business or real estate opportunities across the Carolinas, our team is ready to connect and open those doors for you.
About the Business
Years in Operation
11
Facilities & Assets
Full kitchen with 18' hood
Walk Ins
Full Bar
Strip Center End Cap
10 years of under-market lease remaining
Market Outlook / Competition
Constantly growing Cabarrus County NC market
Most authentic menu in the area
Opportunities for Growth
Potential for updating technology and SOPs
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,296
Rent
Not Disclosed
About the Sale
Seller Motivation
Retirement
Transition Support
Yes - owners will train for up to 2 weeks
Financing Options
SBA Financing Available
Listing Info
ID
2434493
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Business Listed by: The NRP Charlotte Team National Restaurant Properties

Listing ID: 2434493 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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