Cocktail Lounge & Kitchen - 325K Annual Revenue
Business Description
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.
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.
About the Business
- Years in Operation
- 3
- Facilities & Assets
- Strip Center located inside the beltway of CLT
Long term lease in place
Full Kitchen
Full Bar - Market Outlook / Competition
- Area of town with very little competition
- Opportunities for Growth
- Additional operating hours
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,400
- Rent
- $4,808.00 per month
About the Sale
- Seller Motivation
- Focus on other brands
- Transition Support
- Yes. Owner will train up to 3 weeks as part of sale.
- Financing Options
- 50% seller financing
Listing Info
- ID
- 2432778
- Listing Views
- 32
Listing ID: 2432778 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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