Fine Dining Restaurant - Key Money Acquisition

Charlotte, NC
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Asking Price:$625,000
Inventory:$40,000
EBITDA:$150,000
Gross Revenue:$3,040,000
Rent:$22,000
FF&E:$400,000
BUSINESS DESCRIPTION

This legendary Steak & Fine Dining restaurant has become a staple in the CLT community over the past decade plus. But the corporate group behind the brand has other projects on the horizon and need to tighten operations - so they are offering this location including the business intellectual property or without.

When it comes to fine dining in the city of CLT, this place consistently is placed at the top of that list. Whether you're a large restaurant group looking for a brand to expand your footprint in CLT, or a seasoned restauranteur that can come in and immediately cut some of their bloated expenses, this is an opportunity that should be on your radar.

Annual sales revenues are consistently in the $3MM+ range and the location is as prime as it gets. Lease terms are solid, although extensions will need to be negotiated. Monthly rents are $22,000/month.

To schedule a confidential review of this and other F&B business opportunities across the Carolinas, contact Scott Lee @ National Restaurant Properties.


DETAILED INFORMATION
Location
Charlotte, NC
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
6,267
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
High End Lifestyle Center Immaculate & Well-Thought-Out Kitchen Design Dining Room Ambiance That Is Hard To Compete With
Competition
Only Big Boys & Girls Can Play In This Sand Box Solid YOY Revenue An Established Brand & Clientele
Growth & Expansion
Expenses here are slightly bloated due to corporate overhead. A dedicated owner should add another 100K+ to the bottom line.
Support & Training
Yes - If Purchasing Intellectual Business Assets
Reason for Selling
Other Business Expansion Efforts
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