American Bar & Grill w/ Real Estate Included - 240K Cash Flow

Charlotte, NC
listing image
Asking Price:$975,000
Gross Revenue:$800,000
FF&E:$200,000
Established Year:2003
Cash Flow:$240,000
Inventory:$10,000
Real Estate:$600,000
BUSINESS DESCRIPTION

Big Fish. Small Pond.
240K Annual Cash Flow
American Bar/Grill w/ Real Estate

The current owners took over this building more than a decade ago and have created a successful brand in this small town just 30 minutes outside the CLT beltway. Today it has become a staple in the community, but the owners are ready to move on to another chapter in their life. So this is your chance to take over a well-established, cash-flowing business - and purchase the real estate.

A rare opportunity to pick up the real estate with the business. Imagine never having a landlord again! And this place is only operating on a 4-day-week schedule. Want to add more to the bottom line - that opportunity is here in spades. You can add one more day/week and significantly increase the top & bottom line in this spot.

Located just 30 minutes outside of CLT's beltway, As we all know, the Charlotte metro is gobbling up every small town along the way and forcing progress into these smaller communities. So ride that wave of appreciation and sit back and enjoy the ride. In 10 years, pay the mortgage off then sell the business and sit back to collect your mailbox money as a landlord. With over 5,000SF in the heart of the downtown district of this small town, this place has incredible potential to become your retirement fund.

This area will soon become the areas next Waxhaw, Monroe or Fort Mill. And you'll be perfectly positioned to reap those benefits while the property continues to appreciate in value over time. Don't be the person that says "I wish I had bought property there when it was affordable."

You can get into this place with 150-200K out of pocket and have a very manageable note of $6,000-$7,000 per month.

Contact National Restaurant Properties to schedule a confidential review of this and other business or real estate opportunities across the Charlotte metro and beyond.


DETAILED INFORMATION
Location
Charlotte, NC
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
5,200
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
Financing Available From Preferred Lender
Reason for Selling
Other Business Interests
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The NRP Charlotte Team