The Idler Riverboat & Dockside

South Haven, MI (Van Buren County)

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Asking Price: $1,500,000

Cash Flow: N/A

Gross Revenue: $1,000,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: N/A

The Idler Riverboat & Dockside

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Business Description

Very unique restaurant and real estate opportunity on the water in South Haven, Michigan, literally! This popular summertime hangout is known for its playful atmosphere and delicious menu. Great scenario for an investor with room for a full time manager salary or perfect for an owner/operator. Currently only active for 8 months of the year but produces great income equivalent to 12. Contact us now for more information on this truly remarkable opportunity.

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
761
Facilities:
Very unique restaurant and real estate opportunity on a boat secured to the dock. Turn key operation also included adjacent condo. Square feet, taxes and information on the condo unit, to be verified by buyer.
Competition:
Unique restaurant on a boat in high tourism area on Lake Michigan.
Growth & Expansion:
Expansion would be difficult as the boat has a finite amount of space.
Financing:
Condo Unit
Reason for Selling:
Change of business strategy
Business Website:
http://www.millenniumrestaurants.com/idlerriver/
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Loren Souers

Business Listed By:
Loren Souers

Signature Associates

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Sponsoring Broker:
Mark Woods

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