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Businesses For Sale   >>   Charlotte Businesses For Sale   

Highly Profitable Restaurant, W / Real Estate

Location  Charlotte, North Carolina, United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $1679000
Net Profit / Cash Flow  $485000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1969
Number of Employees  35 - 49
Inventory  158400
Relocatable  No
Number of Employees  35 - 49
Real Estate  Owned
Training  Seller will negotiate a transition period
Reason for Sale  Retirement

Description  
This is a high performing, upscale dining experience restaurant with a long standing great reputation for high quality food and service. The menu is extensive with beef, chicken and seafood items. The business operates on a 5 day schedule and is open evenings only. There is a full bar and seating capacity for about 300 customers. All equipment is owned and included in the price of the business. Sales have increased 21% over the last three years (2011-2013) and consistent cash flow over $400k. SBA Financing Available to qualified buyers, owner will consider financing on an individual buyer basis. The real estate valued at $1,100,000 is included in the sale price. The business has pristine accounting and tax records. For more information, contact Randy Dockins at Sunbelt Business Brokers at 704-644-1146.


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