Contact Broker
4201 Stuart Andrew Blvd, J
Charlotte, North Carolina 28217
(View Map)
About the Company
Sherman is CEO of National Restaurant Properties, the only full-service commercial real estate & business consulting firm in the Carolinas, as well as Bread N Butter Restaurant Strategies.
National Restaurant Properties has been helping bar & restaurant operators sell their F&B businesses since 1969. Sherman joined the firm in 2008. He and his family were Dairy Queen franchisees in the Charlotte area. Since, he has developed relationships with industry leaders and start ups all over North & South Carolina and has earned a reputation as an honest broker who fights for both his clients, as well as the F&B industry.
Sherman has worked with and advised business owners and brands from the High Country of NC to the Low Country of SC. While his list of accomplishments and successful clients is vast, his core passion is simple - respect the people that shape the F&B industry, whether their journey is just starting or they own 50 units.
Broker Biography
Introduction
20+ years in operations and 17+ years in brokerage.
Services Provided
Restaurant and food service business sales
Commercial property sales
Investment properties
Commercial leasing
Design & Construction
F&B Business Operations Consulting
Areas Served
Professional Affiliations
Appalachian State University
Business For Sale Listings
Cash Flow: $200,000
Charlotte, NC Small Town Dive Bar & Music Venue - 200K Cash Flow Dive Bar & Music Venue For Sale Financing available
National Restaurant Properties presents this opportunity to acquire this existing dive bar & music venue with over 200K of annual owner cash flow. Located in a small town East Charlotte suburb, far away from the hustle & bustle of the city, the mostly absentee owner of this "upscale roadhouse" bar & grill is ready to ride his Harley into retirement ... and has decided to finally pass the torch to another operator that can kick things up a gear or two. In addition to the 200K of annual owner cash flow, this place includes ...A well-equipped stage & equipment for live music of the country/rock variety8 pool tables to entertain the guys with two Less
Charlotte, NC
View Details Plaza-Midwood Area Cocktail Lounge - 200K
Even with the new submarkets developing across the Charlotte region, Plaza Midwood remains one of the most sought-out destinations in the entire region. Brands that operate here cater to one of the most diverse demographics in town - from high-level corporate types to the creative artsy types, and everything in between, harmoniously dining & drinking together. Current ownership just has too many other irons in the fire that are distracting away from operations here. Whether you decide to continue with the current brand, or are looking for a spot to launch your own concept, this opportunity is priced to appeal to both options. And the sellers are offering the option to loan you 1/2 the funds to help get off the ground running while keeping liquidity available. You won't find a more desirable lease in the area. This space has an existing and assignable lease Less
Cash Flow: $320,000
Charlotte, NC
View Details Chef-Inspired Italian Restaurant & Pizzeria
National Restaurant Properties presents this chef-inspired and family-operated Italian Restaurant & Pizzeria for sale in the Cabarrus County market, just north of Charlotte. This old-school joint brings the New York vibes, culture and taste to this suburb of Charlotte, and the owners have been well-rewarded for their efforts and consistency by the local community. You won't find a spot with a better established reputation - been going strong from day one over a decade ago and hasn't slowed. The owners have reached that point of looking for the exit door that leads to the golden days of front porch sitting and grandbaby kissing, also known as retirement. We are looking for the operator that is equipped to step into this existing restaurant business, appreciate the value that it already brings to the community, but also recognize areas that could gradually be modernized without loosing that original feel. With nearly $1.5MM in Less
Cash Flow: $325,000
Charlotte, NC
View Details Cocktail Lounge & Kitchen - 325K Annual Revenue
This thriving cocktail lounge generates more revenue on a limited 4-day/week dinner only schedule that other spots in town with double the rent expense. This is a ripe opportunity for a local restaurant group to take over or an experienced operator that understands the elements of night-life programming & operations. Long term lease in place = current lease expires in 2032 and includes two additional 5-year options. So the location is locked down under a very favorable term for 16+ more years. Currently only $24 PSF, compared to other areas at $45-$55 PSF. Contact National Restaurant Properties to explore this and other F&B business opportunities across the Carolinas. Less
Charlotte, NC
View Details Fine Dining Italian Bistro - South CLT Suburb
This quaint Italian Bistro has a well-earned reputation after over a decade in business. Known locally as the THE date night spot in this suburb community just outside of the Charlotte-Mecklenburg limits. With nearly $1MM in annual revenue and an occupancy cost around 6%, the chef owner is looking to retire after a very successful run in the industry. This is an opportunity for the local chef that is looking for an established business and brand already running, with a reasonable 5-day work week, in a community that is just small enough to get to know your customers by name, but with the amenities of a major metropolitan market.Included in the asset package ... An overly-impressive ambianceA small & efficient kitchen package with a 16-foot hoodFull line of equipment + expoFull barA coffee & dessert barInterior seating package for 60+Patio seating package for 24+Currently putting less than 10% to the bottom line due to owner's Less
Charlotte, NC
View Details NODA Key-Money Restaurant & Bar
KEY-MONEY RESTAURANT/BAR IN HEART OF NODAThis is one of the more impressive and immaculate build-outs in the NODA market. Within walking range of the NODA light rail station and in a mixed-use development that offers a great mix of supporting tenants. And an interior + patio space that creates an ambiance that rivals anything else in the area. Current owners are restructuring and consolidating their operations, thus offering this space up for a brand looking to make an entry into one of CLT’s most in-demand culinary markets. Included in the asset package is a great outdoor patio space, an impeccable bar, and a kitchen that was designed by one of the area’s most recognized chefs. A multitude of concepts would play well here. If you’ve been looking for a spot in the NODA District to stake your brand’s flag, this 2nd Generation opportunity should be on your list of options. Priced at roughly a 1/3 of replacement cost with a very Less
Cash Flow: $180,000
Charlotte, NC
View Details Brand New South CLT Pizzeria Key-Money Deal
Turn-Key $1MM Pizzeria In Prime South CLT Location19 Years of Termed-Out Lease RemainsThe owners of this pizzeria brand opened this shop just over a year ago with a brand new build-out. Unfortunate circumstances however have put them in a position of needing to downsize their operation. Everything goes except the name. Do a simple re-brand and with a fresh coat of paint + a food order, you're in business within a few weeks. Aside from the brand new build-out package, you'll be the beneficiary of 19 years remaining on a lease with terms defined for all of the 19 years. 9 years remain on the first term + two 5-year options. Brand New, Top Quality Kitchen Equipment24-Foot Hood System for Maximum ProductionPrime South CLT Real EstateSurrounded by new residential & commercial developments, with more growth on the wayTurn-Key and ready for immediate operationThis Less
Charlotte, NC
View Details Craft Italian QSR Market & Bar
Craft Italian Fast Casual Market & Bar - Urban CLT LocationThis craft Italian Market pumps out some of the most unique and original blends of pastas, pizzas, salads & sandwiches in a fast-casual environment that caters to all day parts and has a thriving online presence with well above-average delivery & online ordering revenues What Chipotle did for Mexican, this brand with broad marketing capabilities can do for Italian. The same way Chipotle brought craft to Mexican fare, this brand brings craft to Italian fare. When you walk in the doors of this place, you'll realize that every element was meticulously put together with the eye of a true creative. And that the kitchen design is flawless with every aspect designed with efficiency and speed in mind - with systems that create consistency through every proprietary recipe that was imagined by some of the brightest minds in the industry. If you've been looking for the next up & Less
Charlotte, NC
View Details Turn-Key Fast Casual Restaurant - Rock Hill, SC
Bring Your Own Concept!Key-Money Acquisition OpportunityThe owners invested over 700K into this restaurant space just over a year ago. But due to circumstances, they are offering the space for a fraction of what it would cost to replace. Heavy retail corridor of Rock Hill, SC. The owners of this fast casual franchise brand hit a homerun with their first location in Charlotte. Then boldly expanded into the Rock Hill market shortly thereafter. Unfortunate health issues and circumstances however, have greatly affected their operations capabilities. And they never have been able to focus on this location since they opened. Their unfortunate circumstances are your opportunity though. Bring your brand to one of the most desired suburb markets surrounding the CLT metro area. Rock Hill is on everyone's radar now due to significant growth over the past decade. No other CLT suburb has invested more into strategic growth than Rock Hill. Less
Cash Flow: $200,000
Charlotte, NC
View Details Liquor Store For Sale - York County SC
York County SC Liquor Store For SaleIt's often said that selling spirits is the 2nd oldest profession ... in good times and in bad times, this is an industry that flourishes and is resilient against nearly any economical circumstance. When times are tough, people drink. When times are good, people drink. When times are so so, people drink. It's the 2nd oldest commodity in the world. This is your opportunity to jump into this recession-proof business model. In a market with one of the most sought-after demographics in the entire CLT market. Everything is here that you need to get rolling. Roughly 100K of inventory, NOT included in purchase price. Lease is in place long-term. 6 years remain with 10 years of renewal options. For more information, contact National Restaurant Properties. Less
Cash Flow: $102,000
Greensboro, NC
View Details 2-Unit Ice Cream, Yogurt & Dessert Concept
Over the past 8 years, current ownership has increased revenues YOY on the way to building one of the most recognized independent brands in the area. But if you've got an eye towards something you can build on and ultimately franchise yourself, this is definitely worth a glance. What this brand needs to be even more profitable is an owner that has the capability of being much more involved and the time to invest in the details that matter - creating a culture, building a vibe, and creating systems that are going to be the key to growing this brand more deeply into and beyond the Triad market.Current ownership here has created something that is buzz-brand worthy and what they have done is to be congratulated. But it now needs different leadership at the helm that can really dive into the day-to-day and create the footprint in the community that it deserves. Each unit is 1,500 roughly square feet - and combined rents are Less
Charlotte, NC
View Details Catering Kitchen Facility with Real Estate
This is an extremely rare opportunity to acquire a 3,150SF commissary kitchen facility with real estate in North Charlotte with a sizeable roster of tenants in place - providing a steady flow of monthly rental income. There's a little more to the story though - the owner has used this facility as a breeding ground for foodie entrepreneurs, in addition to operating his successful catering business. This is not only an investment opportunity - it is an opportunity to pay it forward if you're one that has years of business operations experience and would like to continue that tradition.Current tenant roster includes food manufacturing, baked goods, catering, and multiple food trucks - and with the demand for commercial kitchen space at an all time high, there's a constant waiting list of potential replacement tenants. Monthly Rental Income: $7,000/month Less
Charlotte, NC
View Details Pizza & Pub For Sale In Cabbarus County NC
This Pub & Pizzeria was completely overhauled & remodeled just over a year ago … a gem of a deal for the next operator to walk into a ready to go and “just out of the box” pizza restaurant with an established clientele in place. The current owner purchased this restaurant in 2023, then proceeded to reinvest into the infrastructure and launch a new brand. He’s decided however that retirement looks like a much better option for him after many years in the industry. Ready for a Pizza-Preneur to take advantage of the investment he’s made into the space but give the place an identity and personality behind the counter. Everything else is in place. Equipment package includes: a 20’ Hood, pizza oven, indoor seating package for 38 + an outdoor patio seating package for 28, multiple large-screen TV’s, Spot On POS system, 6-tap keg cooler, walk-in cooler, and all kitchen line equipment. Contact Neil Hawver at National Restaurant Less
Greensboro, NC
View Details Legendary Pizza Brand in Greensboro
National Restaurant Properties is please to present this opportunity to purchase one of Greensboro's most legendary pizza shop brands. This pizzeria has been operating in Greensboro for over 4 decades. For 40+ years they've been serving up some of the best pies in the whole Triad area. Nothing spectacular about the decor ... just a good old school pizzeria. Today though the owners are retiring and searching for someone to take control of this iconic joint. The only thing required of the new operator is to take the reins, gradually implement newer technologies into the biz and keep things rolling for another 20+ years.Located in the heart of Greensboro and the greater Triad, there's a close-by university and a great deal of residential growth that provides opportunity for significant over the next few years.Contact Theresa Faulkner at National Restaurant Properties to discuss this and other F&B business opportunities across the Less
Charlotte, NC
View Details Mattie's Diner For Sale - Charlotte NC
Vintage Jersey-Style Restaurant For SaleRevive this legendary brand or take over the assets and bring your own brand. This vintage Jersey-style greasy spoon offers one of the most eclectic vibes - in ambiance & customer base. You'll find everyone from the blue collar mechanic to the white collar bank executive breaking bread together over a Coke and a smile. The current owner has decided to move on for personal reasons and to focus on developing another brand, offering this business to the next operator with the verve and creativity to continue the current vibe - but also to create a new energy that will carry this business into the next decade and beyond. The current brand brought an old-school Jersey=style diner menu to the masses. But the operator that has a slightly different vision to add beer, wine and cocktails could leverage the existing brand identity to reinvent this business and add $500,000 or more to the top Less
Cash Flow: $140,000
Charlotte, NC
View Details Award-Winning Brewery w/ Multiple Real Estate Parcels
Award-Winning Brewery - Downtown Suburb of CLTIncludes 2.5 Acres (8 parcels) of Developable Real Estate(Zoned Commercial, Residential & Industrial)Boost the Production of Your Established Brewery Brand or Stick With the Current BrandThis is a hybrid and unusual opportunity - to purchase an established brewery/tap room/restaurant, with the added bonus of acquiring prime downtown real estate. There are 8 separate parcels, some tenant occupied on short-term leases, for a total of 2.5 acres. So you can either ride the existing tenant cash flow by securing longer-term leases OR wipe the slate clean and partner with a developer to create a masterpiece of a downtown streetscape. The opportunity to acquire and hold such an attractive collection of parcels + a functioning brewery & tap room business opportunity WILL NOT happen again - lightning doesn't strike twice, Less
Cash Flow: $370,000
Charlotte, NC
View Details 2-Unit BBQ & Wing QSR - Ready To Sell Franchise Agreements
This opportunity is ripe for a proven restaurant brand developer looking for a multi-unit concept that is set up for growth potential. The owners of this BBQ & Wing concept have positioned the brand for franchise expansion growth - investments have been made & FDD's are ready - just need the right professional to take over operations and drive that growth. Solid branding. A proven menu. Simplified operations and SOP's in place. Current locations are perfectly aligned with the target consumer. One on the outskirts of CLT and the other in the Triad area of NC. Each location is set up for success with solid revenues, profits & SOPs. Concept was designed top to bottom with key efficiencies in place. Both are set up to capture both in-house and 3rd party revenue opportunities. Combined Revenues: $2.2 MillionCombined Cash Flow/EBITDA: $370,000/Year (17%)Contact National Restaurant Properties to have a confidential conversation about Less



