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Chili's Properties For Sale

 



Interested in Purchasing a Chili's Property for Investment?

 

If you wish to purchase a Chili's property for investment, please email info@nnndeals.com;  We have access to an extensive inventory of triple net lease Chili's properties for sale in Washington DC, Maryland, Virginia and the entire United States. 

 

 

 

Chili's

 

 
Price: 

$2M - $4M


Lease Term
:


15 – 20 Years


Increases:
 
10% Every 5 years 
Lease Extensions: 20 – 40 Years  

Lease Type
:
Absolute NNN Lease 

Lease
Guarantee: 

Corporate and Franchise
CAP Rate Ranges:
6% – 7%
Name Chili's
Wholly owned subsidiary
Industry Restaurant
Genre Casual dining
Founded March 13, 1975
Founder Larry Lavine
Headquarters 6820 LBJ Freeway
Dallas, Texas,U.S.75240
Number of locations 
1600 (2015)
Area served 
Worldwide
Key people 
Kelli Valade, COO
Products American cuisine
Tex-Mex cuisine
Parent Brinker International
Website www.chilis.com/EN/Pages/home.aspx
 
 

About Chili's :

 

Chili's Grill & Baris an international casual dining restaurant chain that features Tex-Mex -style cuisine. The company was founded by Larry Levine in Texas in 1975 and is currently owned and operated by Brinker International . Chili's is a premier casual dining restaurant company[citation needed]and has received numerous accolades through the years for its outstanding performance.[citation needed]They have been recognized as one of the "World's Most Admired Food Services Companies" by Fortune Magazine for an exclusive brand of hospitality. 

Chili's first location, a converted postal station on Greenville Ave. in the Vickery Meadowsarea of Dallas, Texas, opened in 1975. The original Chili's on Greenville Ave. moved to a new building on the same site in 1981 before relocating again in 2007.[3] 

Lavine's concept was to create an informal, full-service dining restaurant with a menu featuring different types of hamburgers offered at an affordable price. The brand proved successful, and by the early 1980s there were 28 Chili's locations in the region, all featuring similar Southwest decor.[4] 

In 1983, Lavine sold the company to restaurant executive Norman E. Brinker, formerly of the Pillsbury restaurant group that owned Bennigan's.[4] 

In 2015, Chili's will open its Biggest restaurant in the world in Tunisia followed by 4 other openings in the next 3 years horizon. 

 

Chili's Properties For Sale Across the United States :  

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky,  Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey,  New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma,  Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Virgin Islands,  Washington, West Virginia,  Wisconsin,  Wyoming 

 

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