Fine Dining Italian Bistro - South CLT Suburb

Asking Price$295,000

Cash Flow
Not Disclosed

EBITDA$100,000

Gross Revenue$920,000

Inventory$25,000
Not included in asking price
FF&E$150,000
Included in asking price
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Fine Dining Italian Bistro - South CLT Suburb


Asking Price$295,000

Cash Flow
Not Disclosed

EBITDA$100,000

Gross Revenue$920,000

Inventory$25,000
Not included in asking price
FF&E$150,000
Included in asking price
Business Description
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 ambiance
A small & efficient kitchen package with a 16-foot hood
Full line of equipment + expo
Full bar
A coffee & dessert bar
Interior seating package for 60+
Patio seating package for 24+

Currently putting less than 10% to the bottom line due to owner's absence over the previous 2-3 years. But as you begin to read between the ledger lines, you'll notice an ample opportunity to potentially double that income in only a few short months (if you're an operator capable of seeing that opportunity).

Current lease runs through 2033 + 7-year option.

Contact National Restaurant Properties - Charlotte to schedule a confidential interview to review this and other F&B business opportunities across the CLT metro.
About the Business
Years in Operation
11
Facilities & Assets
Small, locally owned strip center/plaza
Full commercial kitchen
Two walk-ins
Full Bar
Coffee & dessert bar
Interior seating for 60+
Outdoor patio seating for 24+
Market Outlook / Competition
Small & growing suburb just south of CLT
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,500
Rent
Not Disclosed
About the Sale
Seller Motivation
Retirement
Transition Support
Yes. Seller will train up to 3 weeks as part of transition
Listing Info
ID
2422121
Listing Views

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Business Listed by: The NRP Charlotte Team National Restaurant Properties

Listing ID: 2422121 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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