Restaurant for Sale with Six Figure Owner Benefit in Charlotte Market

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current owner takes home over $200,000 a year with sales growing monthly!!
Asking Price:
$425,000

Gross Revenue:
$973,362
Cash Flow:
$238,502
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed
included in asking price

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Business Description

Profitable turn-key Restaurant for Sale ready for new owner. Continue the same success as the current owner takes home over $200,000 a year with sales growing monthly!!
This super equipped restaurant for sale is ready to go for new owner. Current owner ready to retire and hand off the baton to the new owner who is ready to walk into six-figure owner benefit of $238,000 and growing. In 2018 alone this restaurant brought in over $973,000 in sales with increases month after month. This local favorite is spreading at an unprecedented just by word of mouth in a rapidly growing suburb of Charlotte.
This massive restaurant for sale, brought to you by We Sell Restaurants, has a massive 8250 square foot build-out and has an included conference area for meetings, events, and wedding parties. Being a local favorite amongst swiftly growing neighborhoods, the large bar area is the first spot to meet your neighbors and friends before tasting a very popular menu. This is one of the fasting growing residential areas of Charlotte. Rent all in is $8000 per month that is currently in a 5-year term.
The kitchen is massive that can handle any menu put forth. Continue the current menu or expand your own menu with a kitchen that can handle any sales volume. Enjoy things such as walk-in coolers, walk-in freezers, long hood system, large server area, multiple grills, multiple deep fryers, two ice machines, dishwasher system, take-out area, and plenty of storage room for all of your inventory needs. With four POS systems and kitchen printers, it is advanced and ready to keep your servers generating the same owner benefit in this restaurant for sale.
From Pasta, Seafood, Steak, and more this menu is keeping all of its customers happy with repeat business. The Salmon is one of its most popular dishes! Current owner will provide 2 weeks of training on the current menu and systems.
Get your offers ready! With an owner benefit this high, this restaurant for sale will not stay on the market long. Call the Restaurant Brokers today and we will secure your success for tomorrow!

About the Business

Location:
Matthews, North Carolina
Year Established:
2017
Number of Employees:
22
Real Estate:
Owned
Rent:
$0.97 Per Square Foot Per Month
Facilities:
14 Seating Booth Systems 53 Dining Room Tables 133 Dining Room Chairs Hostess Stand 42 Bar Stools 10 TVs 1 music system 6 Patio Tables 15 Patio Chairs SS wall shelving 1 SS Ice Well Bar 2 SS bar sinks 1 Six foot beer well cooler 1 four foot beer well cooler 1 three foot beer well cooler 1 five foot keg cooler with taps 1 eight foot keg cooler with taps 4 POS machines and printers 7 highchairs 1 Dishwasher System 1 Three compartment sink misc untensils misc dishes 1 walk in cooler 1 walk in freezer 1 five foot wire shelves system 1 four foot wire shelves system 1 six foot wire shelves system 1 eight foot SS table with sink 1 five foot dunnage rack 1 five foot SS table 1 cook and hold warming cabinet 2 eight foot SS table 1 six foot SS table 9 sets of wire shelving 1 four foot deli table 3 Deep Fryers 1 upright freezer 1 two foot SS table 2 SS hand sinks 2 microwaves 6 Grill Tops 2 six foot deli table 2 kitchen printers 3 four foot SS table 1 servewell holding cabinet 1 heat lamp 2 ice machines 2 ice bins 2 eight foot ss tables with shelves 1 six foot ss tables with shelves 26 foot Beverage Serving Counter 34 foot hood system
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 Charlotte is the number 2 metro in the US for economic growth
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Seller Will Provide Training

Listing Info

ID:
1622835
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

U.S. Census Data for Mecklenburg and Union Counties, NC
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Mecklenburg and Union Counties, NC
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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