Cocktail Bar | Move-In-Ready | Asset Sale

Business Overview:

Rare opportunity to acquire a distinctive, high-end cocktail bar in downtown Chattanooga, TN, offered as a turnkey asset sale. A new owner skips the significant startup cost and the months of work a first-generation build out requires, including a kitchen. The space carries roughly $600,000 in leasehold improvements and can open under their own concept on day one.

The sale includes an assignable lease with a strong runway: approximately 6.5 years remaining on the base term plus two 5-year renewal options at preset rates. The upstairs is separately subleased to an established business generating approximately $45,000/year, offsetting more than half of the base rent and materially lowering effective occupancy cost.

Contact the Seller:

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.

Property Features and Assets:

Included Inventory: $15,000

Lease Info:

• Square Feet: 4,200
• Total Monthly Rent: $6,225
• Lease Expiration: March 31, 2033
• Lease Options to Renew: Two 5-Year Options
• Build Out Cost: $628,729

Market Competition and Expansion:

Differentiated high-end concept in a growing downtown Chattanooga nightlife market, with a buildout that's costly to replicate.

Room to grow through extended hours, food, events — or a full rebrand — on a turnkey space with income-producing upstairs already in place.

Reason for Selling:

Focusing on other ventures. Kindly ask the seller for more information.

Additional Details:

Relevant Links:

• View more Tennessee businesses for sale
• View more Businesses For Sale in the same industry
• Sell a business online
• Find a business broker