Six Figure Earnings When you Buy this Profitable Charlotte NC Sports B

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Six Figure Sales Generating High Six Figure Earnings For an Absentee Owner.
Asking Price:
$500,000

Gross Revenue:
$866,695
Cash Flow:
$232,335
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Profitable SPORTS BAR for Sale in the Greater Charlotte, North Carolina Area. Franchised Brand and Operating for Over Five Years. Six Figure Sales Generating High Six Figure Earnings For an Absentee Owner.
This profitable Sports Bar for sale located near Charlotte, the largest city in North Carolina and one of the most affluent areas in the southeast, won't last long! This “local favorite” offered by the restaurant brokers has been open and operating successfully for many years guaranteeing a new owner continued growth and success. With annual sales of approximately One Million Dollars and yearly owner benefit of around $232,335 as an absentee owner...more if your plan is to be a full time Owner Operator
Here are just a few of the many details: This Profitable Franchised Sports Bar for Sale has tremendous seating capacity and is a destination to watch all the current sporting events. The inside has a beautiful bar, tons of activities, and more TV screens than you can count so patrons can always watch their favorite team. The restaurant's full bar with tons of beer selections on top of terrific menu of food items to compliment like Wings, Burgers, Wraps, Salads and more make this a family destination as well. There is also an expansive outdoor patio that can accommodate additional guests increasing the capacity to well over 200. With over 5,000 square feet of inside space and $1 Million in annual revenue, the favorable long-term lease guarantees years of profitability.
The owner is very supportive and, in addition to the Franchise, will provide all the training needed for a new owner to be equally successful. Because this profitable Sports Bar and Restaurant for sale has been open and operating successfully for five years. So if you've ever dreamed of owning your own Sports Bar but were afraid of the cost of building out a new location from scratch or concerned you could do the business volume to turn a profit...cast those doubts aside and buy this highly successful restaurant today.

About the Business

Year Established:
2013
Number of Employees:
20
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
5,000
Rent:
$7,050.00 Per Month
Lease Expiration:
11/30/2029
Facilities:
QTY DESCRIPTION 1 Desktop COMPUTER with Monitor 1 HP OFFICEJET 8610 INKJET 1 24X24 FLOOR SAFE POINT OF SALE COMPUTER POS SYSTEM QTY DESCRIPTION 1 ALOHA POS SYSTEM - COMPUTER SERVER 4 ALOHA POS SYSTEM - TOUCH SCREEN TERMINALS 7 EPSON RECIEPT PRINTER VIDEO EQUIPMENT QTY DESCRIPTION 2 3000 Lumen DLP Projector 1 Elite 150 16 9 Format Motorized Screen 1 110 Fixed Frame projection screen 7 LG 60 Plasma HDTV 8 LG 51 Plasma HDTV 8 LG 43 Plasma HDTV 1 LG 23 LED HDTV AUDIO EQUIPMENT QTY DESCRIPTION 1 Ashly NE4250 Commercial Grade 4x250 watt 70v Amplifier 1 Aphex Aural Exciter 1 Samson S-Zone 4 Input 4 Output Zone Mixer 20 6 5 2-way Surface Mount Speaker CCTV CAMERA SYSTEM QTY DESCRIPTION 1 CCTV SYSTEM-16 Channel DVR 1 20 MONITOR 16 LED INFARED CAMERAS BAR EQUIPMENT QTY DESCRIPTION 2 TRUE 95 BOTTLE BOX SLIDING TOP COOLER 1 4 COMPARTMENT UNDERBAR SINK 72 X19 ACCESSORIES 1 ICE BIN - 1200lb 1 MANITOWAC 1875lb ICE MACHINE HEAD W REMOTE CONDENSOR 2 48 ADVANTCO GLASS FRONT BEER COOLER 2 DOOR 1 36 MUG CHILLER FREEZER 1 24 GLASS FRONT COOLER SINGLE DOOR 1 12 WALL MOUNT HAND SINK 1 TRUE 60 GLASS FRONT COOLER 2 DOOR 1 Adcraft GW-120 Upright Electric Glass Washer - 115V KITCHEN EQUIPMENT QTY DESCRIPTION 4 DEAN 35-42LB NATURAL GAS DEEP FRYERS 1 STAINLESS STEEL TABLE 36 X30 RT HANDED 1 48 KEATING MIRA-CLEAN GAS GRIDDLE W STAND 1 BAKERS PRIDE 2 DECK PIZZA OVEN STONES 2 DOUBLE DOOR LARGE STAND-UP FREEZER 2 NORLAKE ADVANTEDGE STAINLESS STEEL STAND UP REACH IN FREEZER 1 UNIVERSAL DELI SLICER 1 12 CHAR GRILL CHARBROILER 1 SINGLE COMPARTMENT PREP SINK 2 TABLE TOP WARMERS 1 3 COMPARTMENT SINK W SPR
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:
Health
Training/Support:
Owner will train plus franchise training offered

Listing Info

ID:
1575264
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 Iredell County, NC
Age

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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 Iredell County, 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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