Restaurant and Bar For Sale: Expansive Space & Proven Profitability!

Mooresville, NC
listing image
Asking Price:$459,000
Gross Revenue:$1,311,473
Established Year:2013
Cash Flow:$189,411
Rent:$7,461/Month
BUSINESS DESCRIPTION


We are thrilled to present an exceptional opportunity to acquire a thriving Restaurant and Bar for Sale in a prime, high-traffic location. This well-established restaurant has been a beloved community staple for several years, building a loyal customer base and earning an excellent reputation. With its prime location, proven business model, and turnkey setup, this bar represents a compelling investment for both aspiring entrepreneurs and seasoned investors.
Strategically situated in a bustling commercial area, this Bar for Sale benefits from high foot traffic and attracts a diverse clientele, including locals, tourists, and professionals. Its central location ensures a steady flow of customers throughout the year, maximizing revenue potential.
As part of a reputable franchise brand, this restaurant and bar enjoys the benefits of established brand recognition, a proven business model, ongoing training, and comprehensive marketing support. The franchise's commitment to high-quality products and exceptional customer service has solidified its status as a go-to destination within the community. We Sell Restaurants is ready to assist you in navigating the franchise transfer process, making this successful establishment your own with ease.
The Restaurant and Bar For Salet spans an impressive 5,155 square feet and features a contemporary, inviting interior. The spacious layout includes a fully equipped bar, comfortable seating areas, and a designated dance floor. State-of-the-art sound and lighting systems enhance the atmosphere, creating a lively and enjoyable environment for patrons. Additionally, the bar boasts a large patio, perfect for outdoor gatherings, and a well-equipped kitchen offering a diverse menu of appetizers and light meals to complement the extensive drink selection.
Looking ahead, the projected numbers for 2024 are particularly promising, with estimated sales of nearly $1,400,00 and a projected owner benefit of $189,400. These figures underscore the Restaurant and Bar For Sale lucrative potential. The current owner has implemented effective marketing strategies, resulting in a steady stream of customers and repeat business. Significant growth opportunities exist, such as introducing catering services, hosting special events, and forging partnerships with neighboring businesses to boost visibility and attract new clientele.
The franchise is operated by a dedicated and experienced team who uphold the franchise's high standards. The existing staff is committed to staying on board during the transition period, ensuring a smooth handover. Additionally, the franchisor of this Restaurant and Bar For Sale provides ongoing training and support to maintain high-quality service and customer satisfaction.
While already successful, the Restaurant and Bar For Sale offers substantial potential for further growth. A motivated buyer could expand on this strong foundation by enhancing marketing efforts, expanding the food menu, and leveraging the space's full potential. To explore this exciting investment opportunity and learn more about acquiring this thriving franchise , contact We Sell Restaurants today!
By providing your phone number to We Sell Restaurants, you agree to receive text notifications.


DETAILED INFORMATION
Location
Mooresville, NC
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
5,155
Lease Expiration
31/01/2029
Employees
14
Facilities
64 Chairs 18 Tables 78 Chairs 21 High top tables 15 TVs 2 Projectors 3 Outdoor high top tables 6 Outdoor high top chairs 8 Outdoor Chairs 4 Outdoor tables 1 Mosaic Fire pit 1 POS with printer 1 Ice machine with ice bin 1 Walk in cooler is a fixture 1 Wire rack 1 POS with printer and cash drawer 2 Three drawer well cooler 1 Ice well 4 Drink holders 1 Drop in freezer 1 Undercounter single door glass cooler 1 Four compartment bar sink 1 SS hand sink 2 Wire racks 1 Ice well 1 TV 1 Undercounter two door glass cooler 1 POS with printer and cash drawer 1 Two door freezer 1 Countertop pizza oven 1 Undercounter two door cooler 4 Deep fryers 1 Four burner stove with oven 1 Flat top 1 Charbroiler 1 Wire rack 1 Wire cart 2 Deli tables with two door cooler 1 Kitchen printer 4 SS shelves 1 Wire rack 1 Warmer 1 Warming light 1 Four foot ss prep table 1 Walk in cooler is a fixture 2 Six foot ss prep table 1 Two door freezer 4 Wire racks 1 Three compartment sink 1 Single compartment sink 1 Four foot ss prep table 1 SS hand sink 1 Sixteen foot hood is a fixture 1 SS shelf 1 SS hand sink
Competition
Iredell County has seen steady population growth, which provides a growing customer base for restaurants. As more people move into the area, demand for diverse dining options increases. The county has been investing in economic development, improving infrastructure, and supporting local businesses. This growth can create a more favorable environment for new restaurants.
Growth & Expansion
The county's proximity to Lake Norman and other recreational areas attracts tourists, which can be beneficial for restaurants that capitalize on seasonal and leisure traffic. Compared to larger metropolitan areas, real estate in Iredell County tends to be more affordable, allowing for potentially lower startup and operational costs for new restaurant ventures.
Support & Training
Franchise Training Available
Reason for Selling
Personal
Franchise
This business is an established franchise
Report an Issue with this listing
profile-img
Justin
Scotto
We Sell Restaurants
Justin Scotto