Commercial SaleBusiness1430 Fulton Street, Grand Haven, MI 49417

Basics

  • Date added: Added 1 year ago
  • Category:
  • Type:
  • Status:
  • Bathrooms: 1
  • Lot size: 0.14 sq ft
  • Year built: 1940
  • Bathrooms Full: 1
  • Lot Size Acres: 0.14 acres
  • Business Name: Lake Effect Kitchen
  • Business Type: Professional/Office, Professional Service, Restaurant, Bar/Tavern/Lounge, Retail
  • County: Ottawa
  • MLS ID: 23030181

Description

  • Description:

    Turn-key meal preparation and catering business plus real estate for sale in Grand Haven. Founded in 2017 and quickly grown from the ground up to provide meals and catering to local families and organizations, this operation is ready for new ownership to continue growth and expansion. Based in a 1,150 SF well-maintained building just east of US-31, Lake Effect Kitchen offers a variety of services, including contracted meal preparation for individual households and catering for mainstay events and large organizations. Their full-service kitchen and well-equipped food truck support their efforts and allow for continued growth of the business. 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

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Location

  • Directions: US-31 to Fulton Avenue East

Building Details

  • Number Of Units Total: 1
  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Number Of Buildings: 1

Amenities & Features

  • Inclusions: 1, 1, 1
  • Utilities: Telephone, Public Water, Public Sewer, Cable Connected, Natural Gas Connected, Electricity Available, Natural Gas Available
  • Parking Features: Paved
  • WaterSource: Public
  • Fireplaces Total: 1
  • Cooling: Central Air

Fees & Taxes

  • Tax Assessed Value: $50,264
  • Tax Year: 2023
  • Tax Annual Amount: $2,647

School Information

  • High School District: Grand Haven

Miscellaneous

  • CrossStreet: N Hopkins & N Beechtree
  • Listing Terms: Conventional, Cash

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This style property is located in is currently and has been listed on Tucker Benner Realty - Our Michigan Home. This property is listed at $295,000. It has bedrooms, 1 bath bathrooms, and is . The property was built in 1940 year.

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