Established and Very Profitable Bar & Rest. - Unheard of Opportunity!

Concord, NC (Cabarrus County) (Relocatable)

Seller Financing Available
Established and Very Profitable Bar & Rest. - Unheard of Opportunity!
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Asking Price: $315,000

Cash Flow: $103,000

Gross Revenue: $789,000



Inventory: N/A

Rent: $7,020 /Month

Established: 2009

Established and Very Profitable Bar & Rest. - Unheard of Opportunity!

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Business Description

With sales that have exceeded $750K consistently in the 9 years that this established business has been open, do yourself a favor and take a look at this one before you buy any other restaurant! The owner is a restaurateur - and with a full service bar, operations could be expanded tremendously. The primary items are Italian food with GREAT pizza!

This business employs a highly motivated, autonomous staff with absentee ownership.

A great growth potential lies in the bar area where a new owner could employ a professional bartender and offer drink specials and cocktails to compliment the outstanding food!

A business that already enjoys both local and regional patrons, this business is centrally located in a busy strip center, with a very established and built-up community, which includes 70 townhomes, and 13 apartment buildings, which are being completed.

The building boasts a 16 HD camera security system that includes phone application and an upgraded POS system that includes 6 stations with chip readers. The potential to double the revenue exists with the ability to host parties and events in this spacious location.

The growth potential of this business is limited only by the creativity of a new owner/operator. The seller is highly motivated due to the loss of a family member.

This restaurant / bar is won't disappoint - please inquire today!

Detailed Information

Real Estate:
Building SF:
Lease Expiration:
Located in a busy strip center, with plenty of parking.
This business is located near a regionally popular shopping mall, and there are numerous similar businesses in the area.
Growth & Expansion:
There is space for a new owner to host nighttime events, and with the area's population growth, new business is almost guaranteed!
Seller will consider some financing for the right, qualified buyer.
Support & Training:
Reason for Selling:
Owner is wanting to retire.
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(from currently available funds)
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Joe Vagnone

Business Listed By:
Joe Vagnone

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Sponsoring Broker:
Jeff Snell, CM&AP, M&AMI, LCBI, ABI

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