Four Upscale Restaurants – Charlotte and Raleigh

📝About This Listing

Acquire four upscale restaurant locations in affluent areas of Charlotte and Raleigh, offered together at $5.6M or on average $1.4M per unit. For upscale concepts trying to expand their current brand, this price point and second-generation space offers an efficient path to enter affluent markets. For restaurant groups looking for a new concept, these locations are turn-key with staff in place capable of running day to day operations. Book value of the original build out costs are $11.1M, but today this same build-out would likely cost $14M. Overview video of the teaser: https://www.loom.com/share/6ae9ef998c184432beed6ad7b179b7d7 These four locations, as a concept, are offered at $5.6M to facilitate the retirement of the owners. The portfolio spans more than 25,000 square feet of purpose-built dining space developed between 2012 and 2025, each built with high-end finishes, dedicated private dining rooms with A/V capabilities, and full bar programs. Average unit square footage is 6.4K. Surrounding household income averages approximately $182K 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 being transferred and are not included in the sales price. A confidential information memorandum with full financials, lease abstracts, and equipment schedules is available to qualified buyers after execution of a mutual NDA.

🏢The Business

📊Financials

📐The Space

💬Owner Notes

Retirement