Bars, Pubs & Taverns, Miscellaneous Restaurant & Bars
Active
Fully Built Chattanooga Cocktail Bar | Move-In-Ready | Asset Sale
Chattanooga, Hamilton County, Tennessee, United States
Asking Price$338,000
Revenue$411,386
EBITDA-
Cash Flow-
Description
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.
Real Estate
Rent is $6,225 per month
Building Size: 4200 sq. ft.Furniture Fixtures & Equipment
$61k
Inventory
$15kIncluded in Asking Price
Number of EmployeesPart-Time: 6
Year Established
2024
Reason Selling
Focusing on other ventures
Facilities & Assets
Lease Expiration: March 31, 2033
Lease Options to Renew: Two 5-Year Options
Build Out Cost: $628,729
Support & Training
90 days
Market & Competition
Differentiated high-end concept in a growing downtown Chattanooga nightlife market, with a buildout that's costly to replicate.
Growth Opportunities
Room to grow through extended hours, food, events — or a full rebrand — on a turnkey space with income-producing upstairs already in place.
Business listed by
Wesley Hill
Nashville Business Brokers
Related Categories