1540 W Maumee Street, Adrian, MI 49221 (MLS# 23140997)

1540 W Maumee Street, Adrian, MI 49221

$1,595,000
Property Type: Commercial Sale Square Footage: 1,546 Lot Size (sq. ft.): 24,394 Status: Sold
Current Price: $1,800,000 List Date: 11/03/2023 Last Modified: 7/04/2024

Description

Little Caesars Pizza Franchise in Adrian, Michigan includes all real-estate, personal property, inventory, equipment and Adrian Little Caesars franchise business. Sales Are Up! 11% from 2022 and should come in at $1,900,000 by year end. Join one of the fastest growing ''Best Value in America'' pizza brands, with over 4,000 locations. National advertising has made this brand a household name. Easy to operate business has a well-trained manager and over two dozen employees in place. Same family has owned for over 40 years and are looking to retire. The sales and margin of this store continues to improve every year, this is a priceless opportunity. This Little Caesars Restaurant is the only one in a 20 mile radius.

Supplements: The store is up up date with all Little Caesar's best equipment specs; which are some of the best in the industry. Systems support "HOT N READY" takeout, DRIVE THRU as well as in store hotbox auto pickup and complete Doordash delivery system. The phone app ordering system is fast, efficient and one of the countries best. So many benefits to acquiring this franchise resale. Great location close to three colleges, residential neighborhoods and businesses. Invest today and walk into a turnkey, STATE OF THE ART, very well-established Little Caesars Franchise. To build this store new would be $1,200,000 plus! Little Caesars is the volume pizza seller to churches, sports teams & schools. Jump on this opportunity to own this franchise resale. Contact Mark Riggle at Re/Max Irish Hills today for this business, an unmatched opportunity.

More Information MLS# 23140997

Location Property Info

County: Lenawee Street #: 1540 Street Direction: W Street Name: Maumee Suffix: Street State: MI Zip Code: 49221 Zip (4): 1806 Area: Lenawee County - Y

OfficeContract Info

Status: Sold Current Price: $1,595,000 List Price: $1,800,000 Listing Date: 2023-11-03

General Property Info

New Construction: No Lot Measurement: Acres Lot Acres: 0.56 Lot Square Footage: 24394 Lot Dimensions: 169x79x8x15x40x65x143x159 Year Built: 2010 Road Frontage: 306 Mineral Rights: Unknown Total # Units: 1 # Fin Bldg Lvls: 1 Total # Bldgs: 1 Total SqFt: 1546 Property Use Type: Business Full Baths: 1 Waterfront: No School District: Adrian

Tax Info

Tax ID #: XA0-133-4300-01 Taxable Value: 180372 SEV: 198900 For Tax Year: 2022 Annual Property Tax: 11375 Tax Year: 2022 Spec Assessment & Type: UNKNOWN

Remarks Misc

Directions: US 223 to Maumee

Status Change Info

Under Contract Date: 2024-05-17 Sold Date: 2024-07-02 Sold Price: $1,595,000 Sold Price/SqFt: 1031.69

Additional Details

Total Parking Spaces: 14

Business Opportunity

Business Description: Pizza Business Name: Little Caesars Equip Value ($): 282534

Property Features

Property Use: Business Uses: Restaurant Ownership: Franchise; LLC Business Includes: Equipment; Furniture; Inventory; Real Estate; Other Construction Type: Concrete Exterior Material: Stucco Roofing: Rubber Below Grade: None Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at St: Broadband; Electricity Available; Natural Gas Available; Phone Available Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Asphalt; Concrete Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Docs at List Office: Aerial Photo; Other Sale Conditions: None Possession: Negotiable
Listing Office: RE/MAX IRISH HILLS REALTY
Listing Agent: Mark Riggle
Last Updated: July - 04 - 2024
1540 W Maumee Street, Adrian, MI 49221- MLS# 23140997
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