1 Bath
1,150 SqFt
1 Bath
1,150 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,150 sqft
Price per Sqft $256
Municipality Grand Haven City
MLS Listing ID 23030181
Full Baths 1
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1940
Annual Tax Amount $2,647
Tax Year 2023
Lot Size 6,309 Sqft
Acres 0.14
Lot Dimensions 50x125
Property Description
Asking Price: $360,000 including Real Estate
Revenue: $485,625
Cash Flow: $100,485
Valuation Multiple: 2.38x (SDE)
Real Estate Value: $160,000 Well supported and integrated into the Grand Haven community, this business would be an excellent addition to an existing operation to rapidly expand or serve as a great opportunity for someone looking to dive into the catering world with much of the headaches of a startup resolved. Real estate is included in the sale price. Food truck is available for sale separately.
Asking Price: $360,000 including Real Estate
Revenue: $485,625
Cash Flow: $100,485
Valuation Multiple: 2.38x (SDE)
Real Estate Value: $160,000
Location
State MI
County Ottawa
Area North Ottawa County - N
Direction US-31 to Fulton Avenue East
Interior
Cooling Central Air
Fireplaces Number 1
Inclusions {"Real Estate":true, "Furniture":true, "Equipment":true}
Exterior
Garage Paved
Utilities Available Phone Available, Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available, Natural Gas Connected, Electric Connected
View Y/N No
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Grand Haven
Others
Tax ID 70-03-21-477-006
Ownership LLC
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
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Lic# 501408694