Property History
Property Type
Property Type
Marketing Description
on I-75 Business loop NW from main light Downtown Roscommon
Well established business with great cashflow, turnkey condition, seller willing to train and assist new owner, lots of potential with this business and opportunity. Location is in the heart of some of the most opportune recreational sites in Northern Michigan, large seasonal business yet a reputation that provides consistent sales all year around. Financial available upon signing confidential.The source for information of this property is the seller, accuracy of said information is not guaranteed, lot size and frontages are per the legal description. It is recommended to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE Purchaser is advised to confirm facts that are material to the property
Property Type
Property Type
Property Subtype
Asking Details
Asking Cap Rate
Marketing Description
The Iconic Fred's Restaurant of Roscommon. Features Include Large Dining Room, Very well Appointed Kitchen, Banquet Rooms, Established Catering Business, Lounge with Bar, Billiards Corner with High-Tops and an Additional 7,000 Squarer Feet with 8 Bowling Lanes. Originally Established in 1956, Fred's Was Renovated and Expanded in 1980 to its Current Size with a Seating Capacity of Over 200. In 2008 Fred's was Completed Remodeled by New Owners, Including Complete Make Over of the Bowling Alley Area Including 'State of the Art' Bowling Lanes and Equipment. The 'Fred's Team' have Grown the Business to be well Established with Excellent Cash Flow. Fred's is Located in the Heart of Northern Michigan Offering Four Seasons of Outdoor Activities in a Popular Resort and Recreation Area
Investment Highlights
- Present Use : Bar, Other, Restaurant/Food Service
- Road : Blacktop, Public Maintained
- Roof : Asphalt
Loan History
Financial History
Tax History
Contact Information
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Ownership Information
Property Details
Contacts
Listing removed on
BY:
Todd Jansen
•••.•••.1800
todd@••••••••••.com
Sold on
BY:
Thomas Bailey
•••.•••.1560
•••.••iley@••••••••••••.com
Sold on
BY:
Ruth Clemens PRO
•••.•••.3100
••••.•••mens@••••••••••••••.com
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