$27,000/month

Turn-Key Bar, Lounge & Restaurant Opportunity centrally located in the French Quarter. Formerly home to the long-standing Chartres House, this offering includes all furniture, fixtures & equipment (FF&E), providing an exceptional opportunity for a new or established hospitality concept to expedite its opening. The space is currently built out for bar, lounge, and restaurant operations, with the prior operator having made significant investments in upgrades to the facility. The existing restaurant use may also provide potential advantages or grace periods related to certain business licenses and permits, including restaurant occupancy and liquor licensing, subject to applicable regulatory requirements and approvals. The building offers two levels of restaurant and entertainment space, complemented by a spacious wraparound balcony, a courtyard with restrooms, and third-floor storage. The first floor features a substantial bar and lounge area, dining space, a large commercial kitchen, restrooms, and access to the adjoining courtyard. The second floor offers two additional dining areas, a wraparound outdoor balcony overlooking the French Quarter, back-of-house space, and a restroom. With existing restaurant infrastructure, including FF&E, multiple dining and entertainment areas, and prominent French Quarter setting, 540 Chartres Street presents a great opportunity for an operator seeking a substantially turn-key location in one of New Orleans’ most iconic hospitality locations.