Search
Turnkey Restaurant with Patio
For Sale
$190,000
Pending

437 W Main St, Waverly, TN 37185

Turnkey restaurant with indoor seating for 34, outdoor patio seating, and extensive natural gas cooking equipment.

Property SizeContact for details
Days on Market678

Property Features for 437 W Main St

General Information

Standard status Pending

Additional Details

Business Included Yes
Listing Agency: Benchmark Realty, LLC
Listed By: Christina Bogdanova-Bishop · License #291665
Source: Exprealty
Added: Oct 27, 2024 Changed: Sep 4 Last Checked: Sep 4 at 12:41PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Benchmark Realty, LLC

Investment Insights

Based on property information with market context.

This turnkey restaurant is formally known as Chilli’s / J’s Pizza / Christina’s Bar and Grill and comes fully equipped for daily operations. The kitchen includes a natural gas flattop, multiple fryers, a large pizza oven, gas range, 72" glass door refrigerator, multiple freezers, and an ice maker. The property also includes a 72-inch beer cooler, sound system, and four 50-inch flat screen TVs. Indoor seating totals 34, with an outdoor patio featuring six 6-seater tables.

Located on busy Main Street in Waverly, TN, the business has been in Waverly for over 77 years. Updates completed by the current owners include plumbing and bathroom improvements, a new water heater, and a new Coke-branded soda machine.

The property is not in a flood zone and did not flood in 2021. Lease-to-own or owner financing may be available, and the owner is an agent.

Key Highlights

  • Turnkey restaurant with extensive natural gas cooking equipment including a flattop, multiple fryers, and a large pizza oven
  • Indoor seating for 34 plus an outdoor patio with six 6‑seater tables
  • Equipped with a 72" glass door refrigerator, multiple freezers, gas range, and ice maker

Property Analytics

Current Use

Christina's Bar and Grill Bar & Pub Chili´s Grill Restaurant

Suggested Use

Top Pick Building Supply Dental Office Big Box & Wholesale Store Kitchen & Bath Showroom Garden Center Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

321
Businesses Nearby
85k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 54% Shops & Services 46%
McDonald's Dining
15,827 visits/mo 0.3 miles
KFC Dining
11,423 visits/mo 0.3 miles
SONIC Drive In Dining
9,446 visits/mo 0.4 miles
Waverly Shops & Services
8,957 visits/mo 0.1 miles
Dollar Tree Shops & Services
7,774 visits/mo 0.3 miles

Demographics for 37185, TN

9,082
Population
4,853
Households
1.9
Avg Household Size
43
Median Age
18%
College-Educated
90%
High-School Grad
224.5 sq mi
ZIP Area
40
Density / Sq Mi
$52,849
Median Household Income
$31,148
Median Earnings
$827
Median Rent
$182,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turnkey restaurant with indoor seating for 34, outdoor patio seating, and extensive natural gas cooking equipment.
Where is this conventional restaurant located?
The property is located at 437 W Main St Waverly, TN.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Turnkey restaurant with extensive natural gas cooking equipment including a flattop, multiple fryers, and a large pizza oven; Indoor seating for 34 plus an outdoor patio with six 6‑seater tables; Equipped with a 72" glass door refrigerator, multiple freezers, gas range, and ice maker
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message