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Upscale Steakhouse Restaurant
Location: United States -> North Carolina -> Pineville
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)

Business Summary

Step into the world of the Brazilian Gauchos and the bold fresh churrasco barbeque. This exciting concept is a heaven for meat and salad lovers alike. The ''Churrascaria Rodizio'' type of dining is a must for those counting carbs, for those who love a great meaty dinner, for those who enjoy freshly made salads and fruits, for those who cater to the ''all you can eat'' establishments, and for those who simply enjoy a great meal in a cozy atmosphere. For those who do not know how this amazing concept works, soon after being seated and deciding upon a great selection of wines to accompany your meal, guests are invited to the salad and hot dishes buffet. Then, upon turning the cards from red to green, like a well-organized parade driven by Gauchos servers trained to provide you with all your dining needs, the meats start to arrive at your table. This location is 1-story 7,549 SF restaurant sits on 1.7 acre lot adjacent to frontage lots on Pineville/Matthews (Hwy, 51 and Towne Centre Blvd. visible and accessible from both. Yr. built 2000, complete upfit in 06' for a capacity of 235 and parking for 100+. The Restaurant Owner will accept $300,000. payment for upfit, Equipment and Furnishings Plus Assumption of the Lease. Property features a large completely equiped kitchen, and several levels of seating, a large buffet/salad bar and cocktail bar. Covered outdoor patio waiting area. The location has a heavy traffic count due to the desired location where I-485, Hwy. 51 and Hwy. 521 all join, and serve the Carolina Place Mall and several shopping centers with an average daily traffic count of 76,000.cpd. Other retailers in immediate area Talbots, Hilton Garden Inn, Hampton Inn & Suites, International House of Pancakes, Eckerds Drug, Red Lobster, Bank America, Taco Bell, Olive Garden, and many others. Please email or call 704-568-2522 for more information on this Steakhouse Restaurant for sale.


Asking Price Range:  $250K - $500K
Gross Revenues:   $600,000
Cash Flow:   $60,000
Cash Flow Type:  EBITDA
Seller Financing:  No

About The Business

Year Established:  2006
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  2 weeks by owner.
Reason For Selling:  Family relocation.

Print Listing Id: 70054467
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