CBBMA

Charlotte Business Brokers, Mergers and Acquisitions
Helping Entrepreneurs Buy and Sell Businesses


Phone:
(704) 248-8266

EDEE with CBD


Listing #:TS43251Edee     Location:Charlotte SouthEnd mketphoto

Charlotte Business Brokers
Tim Sweeney
Phone: (704) 248-8266


Business Summary
Coming Soon
Business Activity:
Unique business model that churns a strong cash flow. EDEE is Eating, Drinking and Entertainment Establishment.

Business has low overhead and good revenue stream. Easy to operate and in a GREAT location. The owners are not active in the business on a daily basis.

They have only been open 1 year and already generating over $20k a month in profits. Bank lending not an option because of the age of the business, so we are only considering high net worth individuals. This is really a unique situation and it will not last long.

Marketing:
This business caters to a hip young crowd in the downtown area. They have over 4,000 Instagram followers that provides an excellent marketing framework.

Facilities:
The owners have already spent the capital to put this business in the forefront. They have a great rate for this property with 5 years on the current lease with two 5 year extensions. They are currently using about 70% of the space, but have additional square footage available.

Date Business Began:  08/01/2018

Employees:  4

Reason for Sale:  Family Issues


Financial Information
Business Price $ 350,000
Cash Down Not Disclosed
Revenue $ 558,475
Cash Flow $ 231,198
Revenue Cash Flow
2019 $ 558,475 $ 231,198