81057 Main Street
Memphis, MI 48041

Description

Business Opportunity! Long standing iconic restaurant with brand merchandise shop. Established 1982, business is 37 years running & thriving! Excellent, loyal customer base with impressively strong revenue performance. Incredible opportunity to own an iconic & respected local restaurant! Profitable business for decades. Signalized intersection on main road; a direct commuter route to metro Detroit & up North travelers. Perfect opportunity for an Owner/Operator possessing Food-Service knowledge. Building sits on large corner parcel ***Easily expanded if desired! Property is owned. Rare opportunity to own a local legacy business! Turn-key operation. Current Owners willing to remain on in an advisory capacity while looking to expand the business brand to auxiliary Catering Services & Franchise Opportunities of their proprietary recipes. Full training to be provided on current systems and processes to assist new Owner with smooth transition.

Details

MLS#31371911
StyleIndustrial
Sub-TypeResale
StatusActive
Year1940
Days On Site138

Features

SQ Feet2,951
Story(s)1

Market Activity 48041

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Area Information

StateMI
CountySt. Clair
CityMemphis
Zip Code48041
AreaMemphis (50030)
Listing VS Median (in 48041)
Price:
$350,900
low | high
Med:
$64,950
100% of Average
SqFt:
2,951
low | high
Med:
0
100% of Average
$ / SqFt:
$119
low | high
Med:
$0
100% of Average
On Site:
138
low | high
Med:
159.5
86.520376175549% of Average
Listing Updated: 07/16/2019
MLS Number: 31371911
Listing Provided By:
Joan Schinderle-King  of  KW Platinum
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MiRealSource MLS.