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#4309
Columbia Restaurants For Sale
Charleston Restaurants For Sale
Charlotte Restaurants For Sale

Popular Sports Bar & Restaurant Opportunity in Suburban Charlotte, NC

$300,000
Popular Sports Bar & Restaurant Opportunity in Suburban Charlotte, NC
This Listing is Expired

Bargain Opportunity Alert!!!

Over the years, Seller has been very successful financially growing this business ($1.6+ million in revenues and consistently achieving around SDE $250k)  and now wants to spend more time with his family, do some extended traveling and enjoy his hobbies. However, the fact is that his lease is up in September; and he decided that he does not wish to re-commit to a long term contract.

Therefore, Seller has instructed me to reduce the price to $300,000 cash! 

If you are sincerely interested, financially qualified, appropriately experienced - and in a position to act quickly, you should call me immediately. I will address any questions you have, but am not blindly sending out information; we must speak person-to-person.  

- - - - -

Remember  Cheers”? The concept of this attractive and  profitable business is tastefully presented based on the traditional neighborhood bars usually found only in the unique City of Boston.

The cozy, yet dynamic ambiance of this well-equipped, full-service food and beverage pub reflects those traditional roots to perfection at each and every turn - all in a subtle and very tasteful manner. The savvy owner has it tuned just right to where it seems like it could almost run itself.

Perhaps you have been looking for a thriving, friendly pub business “where everybody knows your name” with an established loyal clientele. This is it. If it just so happens that you kinda-maybe love sports, well - it’s certainly not necessary but that’s even better. Either way, you will certainly quickly become immersed in the “front-of-the-house” happenings and connect with the community at large.

The business is even well patronized for breakfast every single day.

The fun, including Karaoke, live music and a wide selection of excellent craft brews, carries on to the wee hours - and the large contingent of regular patrons don’t just sit all night and nurse their beverages. The customers are there for a good time and business is booming; Thursday through Saturday it is SRO (Standing room Only).

The risk of the initial financial investment and hard work to get the business off the ground has already been done for you; the growing pains are in the past. You will see the middle and upper middle income customer demographics and resultant “cash flow” to you, as the owner - clearly supports the selling price. Seller has a good lease and a prime end-cap location adjacent to abundant parking. There are several other solid retail businesses nearby to draw folks to the neighborhood.

The physical space includes the bar, restaurant, of course as well as a room for private parties and a cozy outdoor patio. The large kitchen is fully equipped to efficiently serve a varied menu and operates with energetic, well-trained staff that love the place and have become an integral part of the relaxed setting that keeps good folks coming back week-after-week.

Now is the time to make it happen.

Visit SellingRestaurants.com for the name and address of this business.

This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Columbia Restaurants For Sale
Charleston Restaurants For Sale
Charlotte Restaurants For Sale
Total Monthly Rent:
$10,300

Financials

Last Year's Annual Gross:
$1,500,000
Last Year's Owner's Cash Flow:
$250,000

Operations

# of Full-Time Employees:
15
# of Part-Time Employees:
5
# of Working Owners:
1
Year Established:
2005
Hood System Type 1:
Yes
Hood System Type 2:
Yes

Facilities

Indoor Seating:
167
Outdoor Seating:
22
# of Parking Spots:
adjacent public parking
Inside Sq. Ft.:
5,300
Outside Sq. Ft.:
800

Highlights

  • highly profitable
  • long established
  • excellent location
  • authentic atmosphere
  • dedicated staff
  • well equipped
  • private party room
  • loyal clientele
  • extensive craft beer selection
  • live entertainment
  • video game revenue
  • open for breakfast

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 5-mi
2014 Total Population 42,227 106,873
Households 1-mi. 5-mi
2010 Number Of Households 15,260 37,210
2010 Persons Per Household 2.57 2.65
Median House Value $212,100 $250,122
Income Per Household $63,846 $78,140
Businesses 1-mi. 5-mi
2009 Number Of Businesses 1,331 2,528
2012 Number Of Employees 39,636 63,736
2012 Total Annual Payroll $821,558,000 $1,301,406,000

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User. DRE License # 01339409.


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