Overview
- Updated On:
- August 12, 2024
- 2,100 ft2
Description
Welcome to Café L’Anse, a charming and profitable café situated in the heart of Downtown L’Anse at 104 N Main St, just steps away from the picturesque Keweenaw Bay. Established in 2019, this café offers an exceptional business opportunity for aspiring restaurateurs or seasoned entrepreneurs looking to expand their portfolio. The property spans 1050 sq ft on the main floor, with additional space in the basement and a second-story 3-bedroom apartment. The main floor houses a fully operational café with a commercial kitchen, including a class one hood and Ansul fire suppression system, while the basement provides ample storage space. Café L’Anse uses a unique shared business model that creates three separate revenue streams. The current owners cook and serve a full breakfast menu and high quality sandwiches, as well as their own pastries and hand-made hard ice cream. The second stream comes from inviting other food entrepreneurs to make and sell their baked goods in their fully licensed facility in exchange for $2 a day rent and 20% commission. The third stream comes from bakers and cooks who rent the “ghost kitchen” during off hours for $17 per hour. This business model is so unique, it has been documented in a case study by Ferris State University as part of a curriculum teaching about low budget alternative business startups. Café L’Anse is currently listed at $329,000, with all inventories, shelving, and kitchen equipment included in the sale. The businesses are both for sale, and the owners will sell them together for $599,000. The owners are selling due to relocation, making this a fantastic opportunity for new ownership. Café L’Anse’s distinctive operational model, recent renovations, and prime downtown location present a rare chance to acquire a beloved local café with tremendous potential. ***See associated documents for full listing description.***
- Principal and Interest
- Property Tax
- HOA fee