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29487746
29487776

5937 W Higgins Lake Dr, Roscommon, MI 48653

NF
MI 6501427717
EXP Realty
Listed by EXP Realty
$379,900
131 days on market
Updated 121 days ago

The Landmark Restaurant of Higgins Lake | Roscommon MI

Details
Property Type Business for Sale, Hospitality
Sub Type Business and Building
Square Footage 1,586
Cap Rate 15.79%
NOI $60,000
Price per SqFt $240
Class C
Year Built 1945
Year Renovated 1
Buildings 1
Stories 1
Acreage 0.290
Zoning Commercial
Investment Type Owner/User
Ownership LLC

This is more than a restaurant—it’s a place the community already loves. Make it YOUR Legacy!

Marketing description

A true Higgins Lake landmark, this well-known diner is located just down the road from Higgins Lake, with the lake visible from the roadway, placing it right in the heart of one of Michigan’s most beloved year-round destinations. Thoughtfully rebuilt over the past year with intention, pride, and deep respect for its roots, this is a business locals recognize and support.

With a 5-star Facebook presence, strong word-of-mouth, and loyal regulars, the restaurant seats approximately 60 guests and enjoys consistent cash flow throughout all seasons—busy spring through fall, with steady winter traffic driven by snowmobilers and year-round locals drawn to the area.

The menu is proven and consistent, complemented by rotating specials, established vendors, and stabilized staffing already in place. Beyond the dining room, the business includes catering operations and a popular BBQ food truck that is embraced at local events—creating additional revenue streams and continued brand visibility within the community.

This opportunity is well-suited for an owner-operator ready to step out from working for someone else and into something of their own—a chance to build a family legacy, put your own spin on a beloved concept, and become part of the fabric of a town that truly supports its local businesses.

Stop working for someone else—and start building something your family and your community will remember.

Sale includes all furniture, fixtures, and equipment necessary for continued operation. Inventory to be transferred separately. Financials available with executed NDA.

Listing Contacts

NF
MI 6501427717
EXP Realty
Listed by EXP Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$60,000.00
$5,000.00/mo

Valuation Metrics

0
DSCR
15.79%
Cap Rate
15.79%
ROI

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Additional Information

Name
Nicole Freed
License
6501427717
Brokerage
eXp Realty
Brokerage Phone
9895733331
Title
Real Estate Sales Person
Brokerage Address
39555 Orchard Hill Place
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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