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Restaurant for Sale on Two of the Busiest Corners in Charlotte!

Charlotte, NC (Mecklenburg County)

We Sell Restaurants - North Carolina Restaurant Brokers
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Asking Price: $179,000

Cash Flow: $0

Gross Revenue: $100,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $8,000 /Month

Established: 2018

Restaurant for Sale on Two of the Busiest Corners in Charlotte!

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Business Description

Located in a Great Spot!

Unbelievable and Fully Equipped Turn-Key Restaurant for Sale in Charlotte, NC Marketplace - Practically Brand-New and Ready for New Owner to Take it to the Next Level
When restauranteurs are looking to expand their brand, franchise, or concept - they look to this area to do it. This location will not last long when word gets out that this restaurant for sale is on the corner of East Morehead and South McDowell Street. Situated directly at a traffic light this 2500 square foot restaurant was redone a year ago with all new construction and modern touch that will take your breath away.
We Sell Restaurants has brought you an establishment with only the newest and best equipment! Coolers, grill, hood system, reach in coolers, display cases, a beer on tap cooler, and many more items are included. All interior finishes have been handpicked with custom built tables and other eye-catching furnishings. If you are looking for major turn-key and in "like new" condition than look no further. The restaurant for sale has access to two entrances and plenty of parking. Also within the parking lot is a brand new monument sign the landlord is willing to offer at an additional price for full access to market your new restaurant. Building signage is no problem as well.
Location, Location, Location! Over 20,000 cars a day go by its front doors and just around the corner is Interstate 277 which has over 100,000 cars a day.
Within a 3 miles radius there is a population of over 115,000 people with an average income of $144,721 per household. At a five miles radius, there is a population of over 270,000 people. This restaurant for sale has the opportunity for heavy lunch crowds, as there is a daytime population of over 168,000 people.
Currently, this restaurant for sale existed as the Hi Tide Poke and Raw Bar but recently closed its doors. It's a brand new concept showing incredible signs of growth and high sales. The seller was unable to continue to operate due to other business restrictions. Seller is willing to sell the concept, name, and down to the recipes as well for the experienced restaurant entrepreneur. If your desire is to bring a new concept this setup can handle any sales volume.
The rent is all in at $7995 per month which includes power, gas, and water. That is the best rental deal in town! Surrounding neighborhoods include Uptown, Midtown, Dilworth, and Midwood areas that are all growing at a rapid pace. As this is an asset sale, no books or records will be provided.
Bring your offers, this demanding restaurant for sale will not last long! You snooze, you lose! You jump, you start a rewarding restaurant dream.

Detailed Information

Location:
Charlotte, NC
Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
N/A
Employees:
0
Facilities:
1 Built in Bar Counter 27 High Back Bar Stools 6 patio tables 8 patio chairs 2 high top custom wood tables 3 tables 10 chairs 1 SS Display case cooler 2 POS machines 2 POS printers 1 Kitchen printer 3 SS hand sink 1 Turbo Air Beverage cooler 1 Frigo Drink Dispenser 2 two foot SS table 1 SS ice well 2 Glass Cooler Food Display Cases 3 one compartment sinks 2 four foot ss tables 1 processer 2 six foot deli tables 1 four foot cooler with SS top 1 Electric Rice Cooker Misc Utensils 1 two foot under counter freezer 1 Flattop grill with 4 burners Hood System 2 wire storage shelf units 1 Camera System Stereo Speakers 1 dishwasher system 1 three compartment sink 1 highchair 2 SS two door reach in coolers 1 SS reach in freezer 1 Four foot under counter fridge
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 Great starter to get into Charlotte is the number 2 metro in the US for economic growth
Support & Training:
no training
Reason for Selling:
Other
Business Website:
http://www.wesellrestaurants.com
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Justin Scotto

Business Listed By:
Justin Scotto

We Sell Restaurants

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.


Sponsoring Broker:
Eric Gagnon

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