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- RE: Prime Charlotte Bar & Lounge Opportunity
- Contact: Bill Law
Quick Facts
Asking Price: | $495,000 | |
Annual Revenue: | $730,168 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $203,156 | |
Total Debt: | Not Disclosed | |
FF&E: | $25,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 1 | |
BBN Listing #: | SB-56742 | |
Broker Reference #: | CHARLNC001-56742 |
Business Overview:
Discover a unique investment opportunity in one of Charlotte's most vibrant neighborhoods. This established bar offers a qualified buyer a unique opportunity with low fixed costs in a prime location, of the Queen City. Key Features: - Great location with high foot traffic - Strong local reputation and loyal customer base - Proximity to complementary businesses - Fully equipped bar with top-of-the-line fixtures and tools - Experienced and trained staff - Established relationships with local suppliers and distributors Don't miss this chance to own a piece of Charlotte's vibrant nightlife scene and social culture. This occasion offers not just the chance to own an established, successful business, but an opportunity where an owner-investor can let their own hospitality passion shine, and to be a central part of experiences in one of the city's most dynamic neighborhoods.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
This bar and lounge boasts a location near public transit and popular dining destinations. The intimate setting is full of youthful energy, enhanced by its walkability and ease of access to other nearby businesses. In addition to the charming interior suite, the property has ample outdoor seating which can be enjoyed. Opportunities to increase operating hours, expand private event and onsite classes, expand food offerings by outsourcing preparationMarket Competition and Expansion:
Within a mile radius, there are 10 to 15 bars; however, very few craft bars are in the same neighborhood. Most direct competitors are located in other neighborhoods like NoDa, Uptown, Elizabeth, and Myers Park. We benefit from nearby restaurants as we often receive customers who area waiting for their table to be ready which in this neighborhood can be up to 2 hours on weekends.Reason for Selling:
Owner pursuing other venturesAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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