Chili’s Restaurant

Average Sale and Lease Details

Price Range 12mo avg: $1.45M – $2.68M
$/sf 12mo avg: $362
CAP Rate 12mo avg: 4.96%
NOI average: $109,849
Lease Terms: 10yrs
Typical Lease Type: NNN
Building Size avg: 6,131 SF
Lot Size avg: 74814+/- acres

About Chili’s Restaurant

Brinker International is one of the world’s leading casual dining restaurant companies. With more than 1,600 restaurants and over 100,000 Team Members in 31 countries and two territories. The company own, develop, operate and franchise the Chili’s Grill & Bar (“Chili’s”) and Maggiano’s Little Italy (“Maggiano’s”) restaurant brands. The Company was organized under the laws of the State of Delaware in September 1983 to succeed to the business operated by Chili’s, Inc., a Texas corporation, which was organized in August 1977. We completed the acquisition of Maggiano’s in August 1995.

Chili’s, a recognized leader in the Bar & Grill category of casual dining, has been operating restaurants for 40 years. Chili’s also enjoys a global presence with locations in 30 countries and two U.S. territories around the world. Whether domestic or international, company-owned or franchised, Chili’s and its more than 100,000 team members are dedicated to delivering fresh, high quality food with a unique point of view, as well as dining experiences that make people feel special. Chili’s menu features authentic Fresh Mex and Fresh Tex cuisine including signature items such as Baby Back Ribs smoked in-house, Hand-Crafted Burgers served with housemade garlic dill pickles, Mix and Match Fajitas, Tableside Guacamole and house-made Chips and Salsa. This year, Chili’s expanded upon its Fresh Tex and Fresh Mex menu platforms introducing items like Smoked Wings, White Spinach Queso and Top Shelf Tacos, carefully crafted with a unique blend of flavors and high-quality ingredients. The all-day menu offers guests a generous selection of appetizers, entrees and desserts at affordable prices. Weekday Lunch Combos are also available enabling guests to pick their favorites for the perfect meal. In addition to our flavorful food options, Chili’s offers a full selection of alcoholic beverages including flavorinfused margaritas and craft beer. For guests seeking convenience, Chili’s To Go menu is available to order online, through the brand’s mobile app or by calling the restaurant. In addition to convenience, guests can enjoy the control of on-demand ordering, a number of entertainment offerings and the pay-at-the table feature that is available on the tabletop device located on every Chili’s table nationwide. In May 2015, Chili’s has also launched My Chili’s Rewards, a guest loyalty program to its company-owned restaurants. My Chili’s Rewards enables guests to earn and redeem their Chili’s favorites when they want on any device they want.



Annual Reports

Chili’s Restaurant Financial Highlights

S&P Credit Rating: BBB-
Moody’s Credit Rating: Baa3
Annual Revenue 2015: $3B
Annual Revenue 2014: $2.91B
Revenue Growth: 3.05 2014
Net Income $197M
Units (June 2015) 1,629
Average Units Volume: $1.84B

Recent Closings for Chili’s Restaurant and Similar Tenants

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