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7143 W 48TH Street - An excellent turnkey opportunity to purchase a profitable restaurant as a business-only sale. Restaurant is a tenant in a strip mall located in a busy commercial district on the west side of Fremont. Has a loyal customer base of local residents and businesses. Present owner started business 12 years ago. It has continued to grow with gross revenue of approximately $600,000 in each of the last five years. The cafe has an extensive eclectic menu featuring standard menu items with a creative twist and also custom items from original recipes written by the owner. Additional amenities include a full espresso bar, a Type C liquor license, and popular outdoor summertime seating. Approx. 6% to 9% of the revenue is from catering. See Documents for Business Prospectus.

Listing information

  • MLS® ID: 15006166
  • Status: Active
  • Foreclosure: No
  • Estimated Annual Taxes: $17,724
  • Subdivision: W13 - Fremont
  • Style: Commercial
  • Stories: 0
  • Total Square Footage: 12,768 ($23.10 per sq. foot)
  • County: Newaygo
  • Year Built: 1994
  • New Construction: No
  • Lot Area: 1.35
  • School District: Fremont

Features

Air Conditioning Central
Auction or For Sale For Sale
Business Includes Equipment, Furniture, Inventory, Licenses
Construction Type Block
Driveway Shared Paved
Exterior Material Brick/Stone
Heat Source Natural Gas
Heat Type Forced Air
Other Road Frontage - 175.00, Zoning - C-2 Urban
Property Sub-Type Business Opportunity
Purchase Terms Avail Cash/Conventional
Sale Conditions None
Street Type Paved, Public
Tenant Pays All Building Insurance, Electric, Gas, Prop Taxes/Assess, Sewer, Trash, Water
Uses Restaurant/Bar
Util Avail at St Broadband, Cable, Electric, Natural Gas, Public Sewer, Public Water, Storm Sewer, Telephone
Utilities / Sewer Public
Utilities Attached Electric, Natural Gas, Telephone
Water Type Public
Waterfront Options: Waterfront Y/N No
Listing Courtesy of Dennis Gebben of Michigan Lakeside Properties