South End CLT - Key Money Bar & Taproom - 50% Owner-Financing
Asking Price: | $395,000 |
Rent: | $14,350 |
Gross Revenue: | $650,000 |
Established Year: | 2023 |
SOUTH END CLT BAR & TAPROOM KEY-MONEY DEAL
Current ownership built this space out in 2023. But now has decided to downsize their overall operations and liquidate this location to an operator that can spend significantly more time programming the space to maximize profitability. They just don’t have the bandwidth.
South End CLT is by far the #1 dining & drinking destinations in the city & arguably one of the most highly sought-after demographics on the East Coast.
The expense for this build-out was approximately $1.2MM – but the owner is willing to take the financial hit to simplify their operations. That’s a 70% discount for a spot that has over 13 years of lease remaining at a significantly under-market rate.
Development surrounding this South End hot spot continues to pop out of the ground – creating more and more rooftops and residents in its wake. The forecast for further high-density development continues to predict a heavy down pour.
$1.2MM worth of turn-key infrastructure for your next night-life business venture is here – and located within one of the hottest markets on the East Coast.
Bring your concept to this high-profile destination!
Contact National Restaurant Properties to schedule a confidential review of this and other business / real estate opportunities across the Carolinas. Our team of former F&B operators is here to assist you.
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