Retro Diner Business For Sale

Charlotte, NC
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Asking Price:$395,000
Gross Revenue:$1,100,000
Rent:$7,500
Cash Flow:$150,000
Inventory:$8,000
FF&E:$150,000
BUSINESS DESCRIPTION

Retro Restaurant For Sale - $395,000

This retro diner restaurant 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, offering this business and it's $1.1MM in annual revenue 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 operating schedule focuses on bringing an old-school 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 line. But no need to change a thing, if you want to keep everything the same. This is a $1MM+ restaurant as it is - more than enough revenue to offer a comfortable living.

Long term lease in place with a very agreeable landlord.

Contact National Restaurant Properties to schedule a confidential review of this and other F&B businesses and real estate opportunities across the Carolinas.


DETAILED INFORMATION
Location
Charlotte, NC
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,150
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
Yes. Owner will train for up to 3 weeks after transition
Reason for Selling
Personal Reasons
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Sherman
Walters
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Sherman Walters