$399,000
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Address not provided Lake Odessa, MI 48849
Industrial
Residence
Beds
Baths
2,310
Sq. Ft.
0.12
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
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Discover an exceptional business investment and management opportunity in the heart of Lake Odessa, MI.C&R's Homestyle Restaurant, in business for over a decade, is one of ''Lake O's'' most popular dining destinations, boasting a current EBITDA of over $150K, with an average 3-year EBITDA of over $1...30K, and an annual revenue growth of 5-10% - bringing its 2023 revenue total to over $600K.Run by a single owner-operator, plenty of expansion opportunities are available, along with a second-story unfinished apartment that is ready to renovate and lease.Extremely popular with locals, sold at a 1.75 EBITDA multiple, and with real estate listed at just $125K, this business is priced to sell to its next owner.
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Source MLS
MiRealSource
Originating MLS
Greater Regional Alliance of REALTORS
MLS#
70422421
Property Type
Industrial
Year Built
1900
Square Feet
2,310
sq. ft
Lot Size
0.12
Sewer
Public Sewer
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