228 N Jefferson

Hastings, MI 49058
  • $349,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 2,066

    SqFt

About the Listing 110560 - 742946

Cafe Style Restaurant For Sale - Specializing in Breakfast, Brunch, Lunch Menu. Property & Business Offering – Hastings, Barry County, Michigan A 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!!! Financials disclosed with NDA and buyer financial qualification

Listing Highlights

Status Active
Days on Site 27
Property Type Commercial Sale
MLS ® 60952510
Year Built 19
Total Square Footage 2,066
Lot/Acreage 0.2

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 2066
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public Water

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 63 x 133 x 64 x 132
  • Zoning: Commercial
  • Roof: Rubber
  • Others: Security Lighting
  • Sewer:

Financial Details

  • Tax Amount: $7,735
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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228 N Jefferson Hastings, MI 49058

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Originating MLS: RealComp

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