Overview
Chili’s Bar and Grill is an American casual dining restaurant known for its Tex-Mex menu such as tacos, quesadillas and fajitas. With over 1,700 locations worldwide, Chili’s is constantly changing and looking to keep a fresh menu. On average, Chili’s offers 15 year lease terms with typical rent escalations of 10% every 5 years, and zero landlord responsibility. Chili’s locations are generally around 6,000 square feet on 1.0-2.0 acres.