Fine Dining Restaurant - Key Money Acquisition

Asking Price$625,000

Cash Flow
Not Disclosed

EBITDA$150,000

Gross Revenue$3,040,000

Inventory$40,000
Not included in asking price
FF&E$400,000
Included in asking price
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Fine Dining Restaurant - Key Money Acquisition


Asking Price$625,000

Cash Flow
Not Disclosed

EBITDA$150,000

Gross Revenue$3,040,000

Inventory$40,000
Not included in asking price
FF&E$400,000
Included in asking price
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.
About the Business
Facilities & Assets
High End Lifestyle Center
Immaculate & Well-Thought-Out Kitchen Design
Dining Room Ambiance That Is Hard To Compete With
Market Outlook / Competition
Only Big Boys & Girls Can Play In This Sand Box
Solid YOY Revenue
An Established Brand & Clientele
Opportunities for Growth
Expenses here are slightly bloated due to corporate overhead. A dedicated owner should add another 100K+ to the bottom line.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
6,267
Rent
Not Disclosed
About the Sale
Seller Motivation
Other Business Expansion Efforts
Transition Support
Yes - If Purchasing Intellectual Business Assets
Listing Info
ID
2257030
Listing Views
667

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Business Listed by: The NRP Charlotte Team National Restaurant Properties

Listing ID: 2257030 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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