We Sell Restaurants - North Carolina Restaurant Brokers
Asking Price: $600,000 Gross Revenue: $1,380,145Cash Flow: $230,053 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: 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.
Franchise Sports Bar for Sale in desirable Charlotte North Carolina Market. 2018 Annual Sales Trending at Over $1.4 Million with Annual Earnings for a Semi Absentee Owner of More Than $230,000....Even More For an Owner Operator. Full Staff Including General Manager in Place.
Open and operating for over two years, this Franchised and Profitable sports bar for sale located in the Charlotte North Carolina Market is already averaging $120,000 per month in sales. The owner has to sell for personal reasons so this beautiful new Restaurant and Sports Bar for sale won't last long. The hard work is done…site selection, demographic studies and the build out. All that is needed now is a new owner to keep the momentum. Ask the Restaurants Brokers more about this opportunity today!
This Sports Bar for sale is in a freestanding location with plenty of dedicated parking. The inside square footage of 8000 square feet can accommodate plenty of guests. In addition to the inviting bar and dining areas there are tons of large HD TVs for all your viewing pleasures. There is also a patio that increases the capacity to well over 300 at this profitable sports bar for sale. The lease has another 18 years on it along with options to extend so the next owner can count on plenty of addition years of growth and success.
The current owner will guide and train a new buyer on how to use marketing, Social Media, and other special events to grow sales and revenue at this sports bar for sale. The size and location of this Sports Bar for sale is destined to be a Charlotte hot spot to catch all the great college and professional games throughout the year both day and night. Charlotte is one of the fastest growing cities in the southeast home to many large business and corporations with high per-capita income.
Call your restaurant Broker Today to learn more about this fabulous opportunity before it's gone.
About the Business
Concord, North Carolina
Number of Employees:
Building Sq. Ft.:
$20,880.00 Per Month
KITCHEN EQUIPMENT QTY DESCRIPTION 1 Bakers Pride P-48S Electric Countertop Bake and Roast Oven - 4300 Watt 1 Bakers Pride T1121Y 20 3 4 x 20 3 4 Deck 1 Turbo Air TCBE-82SDR 84 Four Drawer Refrigerated Chef Base - 19 cu ft 2 41 1 2 High Pre-Rinse Faucet with Adjustable 8 Centers 2 Regency 20 Pan End Load Bun Sheet Pan Rack - Unassembled 1 48 x 24 Medium Duty Cookline Equipment Stand with Galvanized Undershelf and Casters 1 Avantco SL310 10 Manual Gravity Feed Meat Slicer - 1 4 hp 2 Avantco W50 12 x 20 Electric Countertop Food Warmer - 120V 1200W 2 Avantco SCL2 48 Sandwich Salad Prep Refrigerator 1 Avantco SCL2-60 60 Two Door Sandwich Salad Prep Refrigerator 1 Avantco TUC48F 48 Double Solid Door Undercounter Freezer 1 Cooking Performance Group CBR24 24 Gas Radiant Charbroiler - 80 000 BTU 1 Three Compartment Stainless Steel Commercial Sink with 2 Drainboards - 103 Long 1 Stainless Steel One Compartment Commercial Sink with 1 Drainboard - 18 x 18 x 14 Bowl 2 Regency Stainless Steel Double Deck Overshelf - 12 x 48 x 32 1 Regency Stainless Steel Double Deck Overshelf - 12 x 60 x 32 2 Regency 18 Gauge 24 x 84 304 Stainless Steel Commercial Work Table with Undershelf 1 Regency 18 Gauge 30 x 60 304 Stainless Steel Commercial Work Table with Undershelf 1 Star 860TA Ultra Max 60 Countertop Gas Griddle with Snap Action Controls - 150 000 BTU 1 Star 848TA Ultra Max 48 Countertop Gas Griddle with Snap Action Controls - 120 000 BTU 6 Avantco FF300 40 lb Stainless Steel Floor Fryer - 3 Tubes 90 000 BTU 1 Cooking Performance Group 24-CPGV-4B-S20 4 Burner 24 Gas Range with 20 Space Saver Oven 3 Regency 17 x 15 Wall Mounted Hand Sink with Gooseneck Faucet 1 Left Regency 16 Gauge 3 Soiled Dirty Dish Table 1 Right Regency 16 Gauge 2 Clean Dish Table 1 Regency 1 42 GPM Wall-Mounted Pre-Rinse Faucet with Wall Bracket 1 Regency 19 1 2 x 19 1 2 x 4 18-Gauge Stainless Steel Sc
Profitable Sports Bar for Sale Charlotte North Carolina - Amazing Sale
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