| MLS: 24039972 | TFLA: 0 |
| Bedrooms: 0 | Acreage: 0.12 |
| Bathrooms: 2 full, half | School District: Lakewood |
| Year Built: 1900 | County: Ionia |
| Type: Retail | Pool: No |
| Garage: No | Fireplace: Yes |
Discover an exceptional business investment and management opportunity in the heart of Lake Odessa, MI. C&R's Homestyle Restaurant, in business for over a decade, is one of ''Lake O's'' most popular dining destinations, boasting a current EBITDA of over $150K, with an average 3-year EBITDA of over $130K, and an annual revenue growth of 5-10% - bringing its 2023 revenue total to over $600K. Run by a single owner-operator, plenty of expansion opportunities are available, along with a second-story unfinished apartment that is ready to renovate and lease. Extremely popular with locals, sold at a 1.75 EBITDA multiple, and with real estate listed at just $125K, this business is priced to sell to its next owner.
M-50 to 4th Ave, North on 4th Ave
Listed by: Steven J Lambert
Amplified Real Estate 269-509-2254
Last Updated: 2025-05-14
Information Deemed Reliable But Not Guaranteed.
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