MergerPlace

Iconic Bar and Grill

Charlotte, North Carolina (Mecklenburg)


  • Asking Price: $395,000
  • Gross Income: $595,297
  • Cash Flow: $150,264
  • Real Estate: $1,050,000
  • Inventory: $18,000
  • FF&E: $72,000
  • Listing ID: #213972
  • Established: 1975
  • Employees: 15

Business Description

This TURNKEY Iconic Bar and Grill opportunity has been established in the Charlotte area for nearly 50 years and is still going STRONG; Numbers are continuously stable and books are strong!

Located in Charlotte’s trendy FreeMoreWest, a hot pocket of new growth, this is also an Opportunity Zone! This Bar and Grill has seating for over 300 people that is accommodated by a full liquor bar and a huge modern kitchen which is very efficient at turning out food.

Featuring a huge inviting Bar area, Happy Hour traffic can be a big plus. Also a Dance Floor/stage is prime for live music and private parties.

The Real Estate this location is set on is also for sale if interested. Offering 1.46 acres +/- prime acreage for highest and best use options.


Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: North Carolina
Metropolitan Area: Charlotte
County: Mecklenburg

Company Information

Year Established: 1975
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 15

Financial Information

Asking Price: $395,000
Gross Revenue: $595,297
Cash Flow: $150,264
FF&E: $72,000
Inventory: $18,000
Real Estate: $1,050,000
Seller Financing Available: Yes

Property Information

Reason for selling:

Retirement

Contact Business Seller

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Business Listed By:

Michael Norman

Carolina Business Associates LLC