Most Iconic Location in all of Charlotte, For Sale and Turn-Key

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Ready for A New Owner and Major Sales!
Asking Price:
$450,000

Gross Revenue:
$100,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Infamous Charlotte Restaurant for Sale - One of the Most Popular Places in Charlotte is up for Grabs! Fully Equipped and Ready to Go - Ready for A New Owner and Major Sales!
When it comes to location and visibility in Charlotte, NC - this location leads them all. It does not get any better than this. Being on a popular street corner, this Restaurant for Sale has some of the busiest traffic and foot counts in the entire city of Charlotte. Surrounded by high populations, hotels, and offices it is guaranteed to be a prime spot for a solid customer base.
We Sell Restaurants is bringing you a rare opportunity. This is an asset sale and the seller is ready to move on and hand off the torch. Because it is an asset sale, it will be sold with no books or records. The square footage is a massive 6396 and the rent per month is $28,000 per month. This seller has experienced sales well over 4 million dollars a year and it is obvious why. Plenty of parking and easy to access from all angles.
Within 3 miles of this restaurant for sale, there is a population well over 116,000 and an average household income of over $97,000. During the daytime alone there is over 164,000 employees that work within three miles. No shortage of hungry mouths to feed in this area! The community is ready to see who takes over this restaurant for sale.
The location is fully equipped to handle any sales volume. With the current owner experiencing sales volumes as high as 4 million per year it is evident the setup will work for anyone looking for major volume. The seller has spent major dollars creating this concept, and now this asset sale can be yours for pennies on the dollar.
The dining room and kitchen in this restaurant for sale are fully equipped. With a walk-in cooler, walk-in freezer, grills, griddle, deep fryers, convection ovens, skillets, food warmers, full built-in bar, and much much more. Inside can seat over 150 people and outside is a large patio with plenty of seating options. Seller is eager and open to all options. Take advantage of this incredible opportunity before it is too late.
A location like this will not last long. If you're looking for the highest visibility possible and in the market for a restaurant for sale like this one, then this is it and get your offer ready!

About the Business

Location:
Charlotte, North Carolina
Year Established:
2010
Number of Employees:
35
Real Estate:
Leased
Building Sq. Ft.:
6,395
Rent:
$28,010.10 Per Month
Facilities:
1 walk in cooler 3 pan racks 14 shelving units 1 walk in freezer 1 ice bin 1 ice maker 1 reach in fridge 1 chip warmer 1 customer ss beverage table 1 glass filler 1 set of employee lockers 1 dishtable I glass rack 1 garbage disposer 1 hood 1 dishrack dolly 1 salad prep cooler 1 salad dispenser 2 hand sink 1 ice cream dipping well 1 under counter freezer 2 deep fryers 1 food warmer 1 gas griddle 2 gas cheese meltters 1 shorty fridge 1 broiler 1 gas range 1 gas convection oven 1 cook and hold oven 1 steamer convection 1 tilt skillet 1 stock pot stove 1 floor mixer 1 vertical cutter 2 pizza prep fridge 1 hot food pantry 1 microwave 1 drop in hot wells 1 vegetable sink
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Charlotte has seen the job market increase by 3 5 over the last year Future job growth over the next ten years is predicted to be 42 5 which is higher than the US average of 38 0
Growth & Expansion:
Key business for expansion and growth Potential to grow into a franchise model
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About the Sale

Reason For Selling:
Other
Training/Support:
no training

Listing Info

ID:
1628892
Ad Detail Views:
0

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Business Listed by

Justin Scotto

We Sell Restaurants

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Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152


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