Profitable From Day One, Neighborhood Restaurant & Tap House

Charlotte, NC (Mecklenburg County)

Profitable From Day One, Neighborhood Restaurant & Tap House
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Asking Price: $795,000

Cash Flow: $276,646

Gross Revenue: $1,182,636

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $7,877 /Month

Established: 2012

Profitable From Day One, Neighborhood Restaurant & Tap House

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Business Description

Strong Cash Flow and Located in Prime Location

SBA Pre-Qualified for only $88,000 down (for qualified buyers). Turn key opportunity to own a highly profitable and conveniently located restaurant and tap house. This unique dining experience is a local favorite and destination which successfully caters to families, couples seeking a date night, dine out customers and regulars enjoying a drink at the bar. This unique restaurant successfully pairs a fun cheerful atmosphere, vast food and beverage selection with indoor and outdoor seating. The heavy lifting of building a successful restaurant has been done for you. Buyers will earn a return on their investment starting day one. This is a must see opportunity.

Detailed Information

Location:
Charlotte, NC
Real Estate:
Leased
Building SF:
2,700
Lease Expiration:
N/A
Employees:
15
Facilities:
Immaculate turn key restaurant with full bar, indoor and outdoor seating.
Growth & Expansion:
This location is currently closed on Sundays. Past sales history suggests an additional $150,000 in gross sales per year while open on Sundays. Extending open hours is another potential for growth. This location currently closes at 9PM Monday-Thursday and 10PM Friday & Saturday. Past sales history suggests an additional $700,000 in gross sales per year when open till 2AM.
Support & Training:
2 weeks
Reason for Selling:
Owner is retiring
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Shane Hull

Business Listed By:
Shane Hull

Transworld Business Advisors - South Charlotte

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Sponsoring Broker:
Jack Sluiter

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