Listed 2 months ago Food & Beverage

Korean Barbecue Restaurant for Sale in Charlotte, NC

Asking price
$1,470,000
Cash flow (SDE/EBITDA)
$598,722
Multiple
2.5x
Checked 11dAbsentee OwnerSticky Customers

Why this business stands out

This Charlotte metro Korean barbecue and bar concept generates nearly $599K in annual SDE with current ownership investing only about 15 hours per week on site, demonstrating a strong semi-absentee operating model. The restaurant holds industry recognition for quality and has cultivated a loyal upscale clientele, providing a defensible brand position in a competitive dining market. The combination of high profitability, limited owner time requirements, and a differentiated concept makes this an attractive acquisition for a hospitality investor.

Financing snapshot

An illustrative SBA 7(a) scenario based on the figures above. Model your own assumptions in the SBA loan calculator.

Asking price
$1,470,000
Cash flow (SDE/EBITDA)
$598,722
Est. down payment (10%)
$147,000
Est. SBA loan (10yr @ 10.5%)
$1,323,000
Est. monthly payment
$17,852
Annual debt service
$214,223
Owner cash flow after debt
$384,499
Debt Service Coverage Ratio
Strong coverage
2.79x

Illustrative only — not a financing offer. Assumes a 10% down payment and a 10-year SBA 7(a) loan at 10.5%. Actual terms vary by lender, deal structure, and buyer profile.

The DSCR shown is computed on raw cash flow — before the owner-salary, maintenance-capex, and rent adjustments SBA lenders apply when underwriting. Model the lender's view in the DSCR calculator.

Unlock the full listing

Create a free Searcher OS account to see the exact location, full description, broker contact, and detailed financials — plus add this deal to your pipeline and run the numbers in our calculators.

  • Exact city & location
  • Full business description
  • Broker & contact details
  • Detailed financials

Frequently asked questions

How much does this food & beverage business cost?

The asking price is $1,470,000. Exact terms and any seller financing are confirmed directly with the seller after you sign up.

What is the cash flow and valuation multiple?

This business reports approximately $598,722 in annual cash flow (SDE/EBITDA), implying a 2.5x multiple on the asking price.

Where is this food & beverage business located?

It operates in the Charlotte-Concord-Gastonia area. The exact city is shown after you create a free Searcher OS account.

Can this acquisition be financed with an SBA loan?

Many businesses in this price range qualify for SBA 7(a) financing, which can cover up to 90% of the purchase price over a 10-year term. See the financing snapshot above for an illustrative scenario.

Similar businesses for sale