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Chili's Grill & Bar

  • Listing# : 16966
  • Listed Price : $850,000
  • Total Sales : $1,575,411
  • SIC : 5812
  • Down Payment : $170,000
  • Status : Active
  • Discretionary Earnings : $211,581

Business Type :

Restaurants / Full-Service Restaurants

Business Description :

Strategically located in a primary city in Hampton Roads Virginia, this Family oriented Restaurant Chain location has been operating over 13 years. It’s a major brand with global recognition and a history spanning nearly 50 years. The length of operating time behind this brand is a complement to their leadership’s understanding that guests are as unique and diverse as the communities they serve. The brand has an evolved and focused culture which allows for the inclusion of diversity at the individual and community level. So, a global brand with a community focus. Quite an accomplishment. The brand celebrates veteran hiring, career training, and women in leadership just to name a few aspects where these unique perspectives leverage the brand to enrich a guest experience. And, at the end of the day, it’s about the experience the guest enjoys which encourages them to become regular and return customers. Clearly this business is ingrained in the community and surrounding culture. 

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $27,294
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $439,159
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $1,274,510
    • Incl : No
    • Total Assets $466,453
    • Incl : Yes

Lender Prequalified: Yes

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