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$399,000
Est. payment /mo
2,066 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,066 sqft
Price per Sqft $193
Municipality Hastings
Subdivision Hastings
MLS Listing ID 20251029421
Year Built 1963
Annual Tax Amount $7,735
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 63 x 133 x 64 x 132
Source Realcomp
Property Description
Cafe Style Restaurant For Sale in Hastings MI - Specializing in Breakfast, Brunch, Lunch Menu.Confidential Property & Business Offering – Barry County, MichiganA rare opportunity is available to acquire a well-established breakfast, brunch, and lunch cafe-style restaurant along with its commercial real estate, all included in offered price.This business has become a local favorite, known for its inviting atmosphere and consistent performance. With the sale, the buyer not only secures a thriving cafe style restaurant but also ownership of the building itself — providing stability and long-term equity.From a financial standpoint, the cafe's success is proven:The offering price reflects only about 45% of the total value when compared with standard restaurant valuation methods. In other words your getting this at over 50% of the actual value.Effectively, you are purchasing the business and building for roughly 1.3x annual owner cash flow (SDE) or 1.9x operating earnings (EBITA), a fraction of what similar operations would demand in today's market.Who this is perfect for:An entrepreneur looking to step into restaurant ownership with a strong cash-flowing business already in place.A culinary couple or family team eager to run their own breakfast-and-lunch destination.An experienced operator ready to expand into a proven location with the advantage of owning the real estate.One who wants to own a restaurant but without the dawn til after dusk hours as is focused on Breakfast and Lunch.This is not just a business purchase — it's a chance to step into a turnkey, community-loved restaurant and build your lifestyle around it. The combination of ongoing profitability, included real estate, and significant value savings make this an exceptional ownership opportunity.Offered price includes real estate!!!Location disclosure with executed NDA and Financials disclosed with NDA and buyer financial qualification
Location
State MI
County Barry
Zoning Commercial
Direction Across Street From River Walk Trail Located on SW Corner of N. Jefferson And MIll
Interior
Heating Forced Air
Exterior
View Y/N No
Roof Type Rubber
Building
Foundation Slab
Water Public
Structure Type Vinyl Siding,Wood Siding,Brick
Schools
School District Hastings
Others
Tax ID Undisclosed
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Listed by Epique Realty
Nearby School & Business
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