We Sell Restaurants - North Carolina Restaurant Brokers
Asking Price: $359,000 Gross Revenue: $1,877,137Cash Flow: $156,296 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Iconic Charlotte Cafe for Sale producing Six Figure Owner Benefit on Nearly 1.8 Million in Sales
Rare opportunity to acquire a highly profitable cafe for sale with an opportunity for other locations. Operating cafe for sale has management in place ensuring a smooth transition for a new owner. Located in a high traffic center.
This award-winning and highly profitable iconic Charlotte cafe for sale, offered by We Sell Restaurants, generates over $1.8 Million in annual sales and an Owner Benefit of over $156,000. Online reviews reflect a reputation for being the best in Charlotte. Operating for close to a decade serving up delicious cuisine has won them multiple awards including Diners Choice - Open Table, Trip Advisor Certificate of Excellence and more.
Located in booming Charlotte, the number 2 Metro in America for economic growth. The Decor is cozy and warm creating a relaxing environment. Assumable lease at the cafe for sale include with 2 additional 5-year options. As a percent of sales, total rent comes in less than 10% contributing to the stellar performance. The size of the cafe for sale is 3007 square feet. Seating capacity is 125. A site for a 2nd business has been located and a lease has been negotiated, giving a new owner the ability to continue to grow this successful brand. The 2nd site lease assignment is an opportunity, but is not required for the purchase of the existing cafe for sale.
Full training and recipes for the new owner along with existing management in place will ensure a smooth and successful transition.
Minimum proof of funds /liquidity to learn the name, addresses and review financial data is $100,000. If you meet the financial threshold and have the drive and experience to own and run a successful cafe for sale, please contact your Certified Restaurant Broker.
Iconic Charlotte Cafe For Sale - Owner Benefit of Six Figures
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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
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