Four Upscale Restaurants – Charlotte and Raleigh - Business for Sale
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Four Upscale Restaurants in Charlotte and Raleigh, NC
NC, US
Added 2 months ago
Upscale Restaurant Group
Retiring Owner
The business consists of four upscale restaurants located in affluent areas of Charlotte and Raleigh, North Carolina, operating in the food and beverage industry.
Key Information
Asking
$8.3M
Revenue
$11.2M
Earnings
$130K
Multiple
63.9x
Key Highlights
- Portfolio includes four upscale restaurant locations in Charlotte and Raleigh, NC.
- Total interior space is 25,700+ square feet across all locations.
- All locations are NNN leased with terms running through 2032–2034 and 5-year renewal options.
- Original buildout costs were $11,100,000; current estimated replacement cost is $14,000,000.
- Average surrounding household income is approximately $182,000 across the four trade areas.
- This is a cash-free, debt-free asset sale; liquid assets, accounts receivable, accounts payable, and other liabilities are not included.
Contact Info
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