Upscale Restaurant In Charlotte Area For Sale

Business description

This Charlotte Area Restaurant is a great opportunity for someone with food experience to take over an upscale restaurant in an excellent location. A new owner could continue the present theme and menu, and maintain current staff, or employ a new theme and menu.

The asking price is well under the cost of up-fitting and furnishing a restaurant of this size. The business occupies 8,000 square feet with a monthly rent of $15,300. Current monthly payroll is $26,000. The monthly sales volume is currently $22-23,000 per week. Lunch comprises about 40% of current revenue while dinner accounts for approximately 60%.

The business is open 7 days a week with brunch on Sundays. The restaurant seats about 300 inside and there are two outside patios. The seller is very motivated to sell as he operates other restaurants in other areas. For more information, please contact Bob Holt at ------------ (office) or ------------ (cell).

Property information

Real Estate:

Lease

Premises details:

8,000 sq ft, $15300.00

Business Operation

Reasons for selling:

Other Business Demands

Trading hours:

Days: Monday-Sunday, Hours: Sun-Thurs 11-10; Fri-Sat 11-12

Years established:

3

Other information

Financing available:

Downpayment Required: $0
Monthly Payroll: $26,000
Financing is Available

Furniture / Fixtures value:

$220,000 (included in the asking price)

Inventory / Stock value:

$5,000 (included in the asking price)