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34395718
34395700

3815 U.S. 10, Ludington, MI 49431 For Sale

DT
MI MI 6501347392
Lacuna Commercial Advisors
Listed by Lacuna Commercial Advisors
$4,975,000
7 days on market
Updated 7 days ago

Business & Real Estate | Ludington

Details
Property Type Retail
Sub Type Restaurant, Storefront
Square Footage 16,976
Acreage 2.350
Zoning C-1
Ground Lease No

Retail | 16,976 SqFt

Marketing description

Ludington Meat Company is a highly successful USDA butcher operation offering retail and wholesale services, a smokehouse, full-scale market, deli, barbecue, and bar/restaurant. This culinary destination has become the “go-to source” for Michigan’s lakeshore communities and beyond. Open seven days a week.

This is a rare opportunity to acquire 100% ownership of the business or leverage the existing talent and operation as a 50% equity partner.

Ludington Meat Company offers a one-of-a-kind meat-shopping experience. The business officially opened in July 2022 after transforming a former 14,600-square-foot Staples office supply store. In just four short years, Ludington Meat Company has grown from a start-up to nearly $5 million in annual sales, with consistent double-digit annual growth, and it is still growing.

Due to conflicting partnership interests, this growing business and operation must either be sold outright or secure a new individual or equity group as a 50% partner.

The future is bright, as the business is well positioned for continued growth. Ludington Meat Company is experiencing increased demand and new opportunities on the wholesale side, including sales to Gordon Food Service, Superior Meats, and other wholesale customers.

A sale includes the real estate, trade fixtures, and all other furniture, fixtures, and equipment (FF&E).

The property is located within Ludington’s prime retail trade area along US-10, near the US-31 expressway interchange and directly across the street from a regional Meijer Supercenter and gas station.

Listing Contacts

DT
MI MI 6501347392
Lacuna Commercial Advisors
Listed by Lacuna Commercial Advisors

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Additional Information

Name
Doug Todd
License
MI 6501347392
Brokerage
Lacuna Commercial Advisors
Title
Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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