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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   North Carolina Businesses For Sale Categories   >>   

Upscale Restaurant For Sale

Location  North Carolina,United States
Asking Price Range  < $250K
Gross Revenues  $1150000
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2009
Number of Employees  10 - 19
Inventory  220000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  Seller will provide training.
Reason for Sale  Other business demands.
Description  Price has been reduced to just $225,000! This Charlotte Area Restaurant is a great opportunity for someone with food experience to take over an upscale restaurant in an excellent location. A new owner could continue the present theme and menu, and maintain current staff, or employ a new theme and menu. The asking price is well under the cost of up-fitting and furnishing a restaurant of this size. The business occupies 8,000 square feet with a monthly rent of $15,300. Current monthly payroll is $26,000. The monthly sales volume is currently $22-23,000 per week. Lunch comprises about 40% of current revenue while dinner accounts for approximately 60%. The business is open 7 days a week with brunch on Sundays. The restaurant seats about 300 inside and there are two outside patios. The seller is very motivated to sell as he operates other restaurants in other areas. For more information, please contact Bob Holt at 336-545-7545 (office) or 336-339-8370 (cell).
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