SOLD: Scalawags Whitefish &Chips


Listing Information

  • SOLD
  • MLCC: No
  • Building Size: 1139
  • Availability: Sold
  • Patio Size: 500
  • Size Information: 1,139 square feet
  • Sale Terms: Cash or other terms acceptable to Seller
  • Basement: N/A
  • Seating: 80
  • Sales Volume: Greater than $700000
  • Parking: DDA. Public street and lot parking readily available

Full Details

This seafood restaurant in Macinaw City was founded by a Michigan native who has more than 50 years of culinary experience. He returned home to northern Michigan to fulfill his dream of owning his own restaurant. After researching tourism trends in the area, he chose Mackinaw City, Michigan to open his first casual seafood dining and carry-out restaurant. This restaurant is open from May thru October each year, and for more than 25 years now, families and groups have planned their vacations and trips to Mackinaw City and Mackinaw Island around eating here. Dine in or carry out. The cooking
is done with premium vegetable oils— Zero Cholesterol & Zero Trans Fat. The restaurant is dedicated to serving you the freshest, healthy seafood. 40Seats indoors and an additional 40seats on the outdoor patio. This is a condominium real estate unit which is included in the purchase price. If you are looking for a restaurant to operate from May thru October so you can spend the winter in a warm environment or just want to be free to enjoy the winter months, we have the place for you! Mackinaw City is a tourist attraction that brings in more and more customers each year. Rely on those who come to the restaurant every year and benefit from the new customers who come each year in the
future. Sales have averaged $700,000each year for the last 3 years. Net Income has averaged $362,000 over the same period. For a little over two times net you can own this moneymaker and pay yourself. It's all profit from then on. Let his retirement be the beginning of your profitable ownership of this moneymaker.

THG Office
203 Chicane Lane
Pontiac, Michigan 48341