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Iconic Bar and Grill for sale in Charlotte, NC

Charlotte, North Carolina (NC)

Asking Price: Gross: Cash Flow:
$ 395,000 $ 595,297 $ 150,264

Furniture and Fixtures Value:
$ 72,000 (included in the asking price)

Inventory Value:
$ 18,000 (included in the asking price)

Real Estate:
$ 1,050,000 (not included in the asking price)

Business Summary:
Charlotte Favorite For Sale in a Qualified Opportunity Zone!Very popular and profitable established American Bar and Grill seeking a new owner! After 40 years, it is time for a change. This Charlotte landmark has seating for over 300 people offering a huge modern efficient kitchen serving breakfast, lunch and dinner. Featuring a huge inviting Bar area for Sports fans, engaging Happy Hour traffic can also be a huge benefit as well as offering live music and even dancing. The PRIME Real Estate is also offered, featuring the extraordinary tax benefits of a Qualified Opportunity Zone make this a most lucrative endeavor. all in at 2.2M. Located in Charlotte's most progressive area less than three (3) miles from The Bank of America Stadium downtown, in iconic FreeMoreWest. Commercial zoning with 1.46 acres and a skyline view of downtown Charlotte!

 

   
Year Business was Established: 1975
   
Number of Employees: 15  
   
Reason for selling: Retirement  
   
Seller Reference Number: 19128
BusinessMart.com Listing Number: 241477
 

 

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For more info contact:

Michael Norman

The CBA Group
704-895-4274

CONTACT SELLER

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