Charlotte, NC

Asking Price: $349,000

Listing ID: clt01009

Full Service

Sq. Footage: 5,512

Total Revenue: $583000

Summary Description

Long standing restaurant since 1975 bringing in locals and visitors alike, favorite lunch and dinner spot. Current owner (since 1995) has done a phenomenal job at increasing sales. Property includes private event room and full bar. With the slight extension of hours, the bar can be utilized fully for sports fans. Location is key here, sitting on a main road with plenty of traffic between downtown and a main highway in a mid-size town outside of Charlotte. The rent can not be beat at $7,000 includes taxes and insurance (TI) per month with annual increase of 2% per month per year.

space 9 - National Restaurant Properties

Property Financing

Financing is Not Available for this Property

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