1430 Fulton Street , Grand Haven City, MI 49417
Grand Haven City, MI 49417
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 EstateRevenue: $485,625Cash Flow: $100,485Valuation Multiple: 2.38x (SDE)Real Estate Value: $160,000
Details
| MLS# | 71023030181 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1940 |
| Days On Site | 520 |
| Listing Provided By | Capstone Real Estate LLC | Nathan Patterson |
Features
| Bath(s) | 1 |
|---|---|
| SQ Feet | 1,150 |
| Units | 1 |
| Acreage | 0.14 |
Market Activity 49417
Request a showing
Request a showing
Contact
Learn More About This Property
| State | MI |
|---|---|
| County | Ottawa |
| City | Grand Haven City |
| Zip Code | 49417 |
| Area | Grand Haven |
| School District | GrandHaven |
| Listing VS Median (in 49417) | |
Price: $295,000 low | high Med: $404,950 SqFt: 1,150 low | high Med: 2,145 $ / SqFt: $257 low | high Med: $189 On Site: 520 low | high Med: 166.000000 | |