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5026 US 131 SW, South Boardman, MI, USA

Listing was updated on: 12/02/2019
5026 US 131 SW, South Boardman, MI, USA 5026 US 131 SW, South Boardman, MI, USA 5026 US 131 SW, South Boardman, MI, USA 5026 US 131 SW, South Boardman, MI, USA 5026 US 131 SW, South Boardman, MI, USA 5026 US 131 SW, South Boardman, MI, USA 5026 US 131 SW, South Boardman, MI, USA 5026 US 131 SW, South Boardman, MI, USA

Property Overview

Price/Rent PSF $ 375,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 2,180
Date Available 12/02/2019
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Description

Location
Located at the SW Corner of US-131 SW and Supply Road, between Kalkaska and Fife Lake

Sale
Long established local landmark and community favorite restaurant located in a rural setting on a major highway that leads into a major northern Michigan city. This restaurant seats 65 people, serving breakfast, lunch, and dinner, along with pizza and takeout. The nearest competition is nearly 10 miles away. The business has a solid local clientele and repeat seasonal tourism year round. It has received excellent ratings on Facebook and Trip Advisor.
The restaurant sits on a total of 14 acres which are zoned commercial/agricultural/residential, and it is situated on a busy corner of the highway with easy on/off access. This is an ideal business for a young couple or a family to own and operate, and it has shown an increase in business every year for the current owners. In 2018 sales grossed $800,000. The current owner is willing to work with a buyer to ensure a seamless transition in ownership and assist you through the processes of bookkeeping and operating for a successful business year. The property has potential for expansion such as truck stop and/or rental cabins. The sale would include all property and equipment. With many up grades to the building and equipment including new roof, new windows, new septic and grease trap system, and mostly new equipment in the last two years.

Location

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