Other Restaurants & Food, Miscellaneous Restaurant & Bars
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Chago’s Restaurant Asset Sale / Lease Assumption
Nashville, Davidson County, Tennessee, United States
Asking Price$199k
Revenue-
EBITDA-
Cash Flow-
Description
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.
Real Estate
Rent is $10,107 per month
Building Size: 3529 sq. ft.
Furniture Fixtures & Equipment
$135k
Reason Selling
Other business opportunities
Facilities & Assets
Lease Expiration: 2032
Options to Renew: three, (5) Year Options
Market & Competition
Very little competition within roughly one mile in the direct market. Other restaurants and bars in surrounding markets.