ABSENTEE RUN Charlotte Area Specialty Market and Delicatessen
Location: Mecklenburg County
Industry: Full-Service Restaurants
Listing ID: 8082023
Listing Status: Under Contract
Proudly listed for sale is a beloved upmarket Specialty Restaurant that delivers an exceptional customer experience without the stress and challenges found in typical Food and Beverage opportunities.
This unique specialty store brings with it a full staff, including multiple Managers, and a sound operating model that reduces turnover and simplifies operations which in turn allows the Owner to run the business Absentee. This means that while there are multiple ways the business could be grown by a new owner, fundamentally the business does not require on-going resources from the Owner directly to continue flourishing.
This would be a fantastic opportunity for an existing operator to add a premium brand and location to a portfolio in order to create additional value from economies of scale and strong brand recognition. Equally exciting for a new owner/operator is the opportunity to jump into a fully functioning business that could be further developed; while enjoying the framework and reputation the founder has built over the years. Unlike starting from scratch - much of the hard work has been done for you and positive cash flow exists from Day 1.
Currently this listing is only open 5 days a week, total of 45 hours. There is a HUGE opportunity to increase hours and days open, maximizing capacity and revenue.
Total Sales: $1,200,000
Cash Flow: $120,000
FFE Included: Yes
Inventory Included: Yes
Year Established: 2017
Absentee Owner: Yes
Lease Option: Yes
Real Estate Included: No
Square Footage: 1452
Reason For Sale: Current owners are ready for a change and are excited about the future of the business in the right hands.
Current owners are ready for a change and are excited about the future of the business in the right hands.