Four Upscale Restaurants – Charlotte and Raleigh - Business for Sale
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Four Upscale Restaurants in Charlotte and Raleigh, NC
Charlotte, NC, US
Added 2 months ago
Upscale Restaurant Group
14 years in business
Retiring Owner
A portfolio of four upscale restaurants located in affluent areas of Charlotte and Raleigh, North Carolina, offered as a turnkey asset sale with staff in place.
Key Information
Asking
$5.6M
Revenue
$11.2M
Earnings
$130K
Multiple
43.1x
Key Highlights
- The restaurants have been established for 14 years.
- Portfolio includes more than 25,000 square feet of dining space, with an average of 6,431 square feet per location.
- Original build-out costs were $11,100,000; estimated replacement cost is $14,000,000.
- 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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