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33411159
33306869

8773 N Golden Rod Boulevard, Bitely, MI 49309

RE/MAX TOGETHER
Listed by RE/MAX TOGETHER
$549,000
11 days on market
Updated 6 days ago

8773 N Golden Rod Boulevard

Details
APN 62-06-09-131-018
Property Type Business for Sale, Retail
Sub Type Business Only, Restaurant (+2)
Square Footage 3,657
Units 1
NOI $70,000
Year Built 2000
Year Renovated 2023
Buildings 4
Acreage 1.480
Parking Spaces 35 spaces
Parking Per SqFt 9.57
Ownership LLC

Business for Sale | 3,657 SqFt

Marketing description

Established in 1945, Woody's Bar & Grill is a well-established West Michigan destination and longtime cornerstone of the Bitely community. The business operates as a fully active and thriving five-day-per-week establishment (Wednesday through Sunday), supported by steady year-round traffic from locals, lake residents, hunters, anglers, ORV riders, snowmobilers, and seasonal visitors. Known for its welcoming atmosphere, loyal customer base, famous Saturday ribs, popular handcrafted pizzas served from a commercial pizza oven, and strong community presence, Woody's has become a destination where guests gather for great food, entertainment, and authentic Up North hospitality. Customers travel from throughout the region to enjoy the food, camaraderie, and experience that has defined this establishment for nearly eight decades. Ideally situated near numerous lakes, extensive ORV and snowmobile trail systems, campgrounds, and thousands of acres of state land, the business benefits from steady year-round traffic and significant seasonal tourism. Whether serving summer vacationers, outdoor enthusiasts, hunters returning from the woods, trail riders, or local residents gathering with friends and family, Woody's has built a lasting reputation that continues to attract patrons from throughout West Michigan and beyond. This exceptional turnkey opportunity includes four contiguous commercial parcels totaling approximately 1.48 acres, offering ample room for parking, outdoor activities, future expansion, and special events. The sale includes the real estate, a valuable Class C liquor license with Sunday sales and entertainment permits, a fully equipped commercial kitchen, commercial pizza oven, walk-in storage, multiple outbuildings, three smoker units, a one-bedroom one-bath cabin located directly behind the business, and extensive furniture, fixtures, and equipment necessary for continued operations. One of the property's standout features is its inviting outdoor seating and entertainment space, providing the perfect setting for live music, bike nights, community gatherings, fundraisers, seasonal celebrations, and other special events. The outdoor areas create an atmosphere that encourages guests to stay, socialize, and return, while offering future ownership additional opportunities to expand programming and revenue streams. Recent improvements reflect pride of ownership and ongoing investment in the property's success, including new concrete pads, enhanced outdoor service areas, maintained kitchen equipment, and a brand-new forced-air heating system. Ownership has consistently maintained high operational standards, contributing to the business's longstanding reputation within the community. With nearly 80 years of operating history, a recognizable brand, loyal customer base, established revenue streams, and a location surrounded by some of Michigan's most sought-after recreational amenities, Woody's Bar & Grill offers an outstanding opportunity for an entrepreneur, investor, or hospitality operator seeking a well-established business with tremendous growth potential. Whether your vision is to preserve a beloved local institution, expand entertainment offerings, capitalize on the area's thriving tourism market, or build upon an already successful operation, the foundation is firmly in place for continued success. Properties with this level of history, community recognition, and established goodwill are increasingly difficult to find. Here is an opportunity to acquire not only a successful business and valuable commercial real estate, but also a destination that has been serving generations of customers since 1945. Sale includes real estate, liquor license, furniture, fixtures, equipment, restaurant and bar equipment, smoker units, cabin, and associated business assets. Showings are by appointment only. Please respect the ongoing operation of the business and refrain from discussing the sale with employees or patrons. All showings and inquiries should be scheduled through established real estate procedures.
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RE/MAX TOGETHER
Listed by RE/MAX TOGETHER

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$70,000.00
$5,833.33/mo

Valuation Metrics

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DSCR
12.75%
Cap Rate
12.75%
ROI

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