Chago’s Restaurant Asset Sale / Lease Assumption

NASHVILLE, Tennessee

Asking Price $150,000 Year Established
Annual Revenue $0 Reason for Selling Other business opportunities  
Annual P/L $0 Attention Adam Weaver
Annual Cash Flow $0 Listing Number 989842  
# of Employees Business Category Food & Beverage: Restaurants, Fast Food, Deli

Business Overview:

Bring your own concept!!! Previously operating as Chago’s Belmont Cantina on Belmont Blvd. Directly adjacent to Belmont University and the very busy Fisher Center for the Performing Arts. Turn-key bar-restaurant asset sale with premium visibility and direct access to 2 of Nashville’s hottest high earning neighborhoods, 12 South & Belmont-Hillsboro. Very clean & fully equipped for a new owner. Significant recent upgrades including new HVAC & make-up air, upgraded commercial electrical, new bar & restrooms, patio heat & much more. Affordable long term lease with options in a high foot traffic area. A great opportunity in Nashville’s most desirable neighborhood.

Property Features and Assets:

<p>Lease Info:</p><ul><li>Square Feet: 3,529</li><li>Total Monthly Rent: $10,107</li><li>Lease Expiration: 2032</li><li>Lease Options: three, (5) Year Options</li></ul>

Market Competition and Expansion:

<p>Very little competition within roughly one mile in the direct market. Other restaurants and bars in surrounding markets.<br></p><p>Bring your own concept. Potential is all yours!<br></p>

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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