1250 Marlette RD Road Active

Gaylord,MI 49735

$ 1300000

- Bed

0 Bath

4000 SqFt


Key Details

Property Type Commercial

Sub Type Business Op

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $325

Subdivision T29N-R3W

MLS Listing ID 201836563

Property Sub-Type Business Op

Property Description

Gobblers, a Northern Michigan restaurant since 1986, is known for turkey dinners and an expanded menu. Profitable with upward SDE trends, it qualifies for SBA financing. Located at Exit 270 Waters on I-75, it boasts 300+ feet of frontage, a daily traffic count of 21,112, and a lighted billboard. The 4,000 sq. ft. building, updated for a warm dining atmosphere, features 2 dining rooms, a full kitchen, restrooms, and payment counters for dine-in and drive-through. The 2.93-acre site includes parking for 45 vehicles, a storage shed, and a pole barn for overflow parking. With high visibility and modern amenities, it's a strong business opportunity.
See Supplement for more. Full Public Remarks:
Gobblers is a Northern Michigan institution that has been in business since 1986. While well known for their Turkey dinners, they have expanded their menu with other offerings. This stable, successful business shows an upward trend for the SDE, and would qualify for SBA financing. This Gobblers location has over 300' of I-75 frontage at Exit 270 Waters with an average daily traffic count of 22,112. Exit 270 has user friendly on/off ramps that allow for easy access to Gobblers. There is also a lighted 10 x 20 billboard, 20' tall on the property that is highly visible to both North and South traffic on I-75.

This 4,000 square foot restaurant sits on a 2.93 acre site with ample paved parking for approximately 45 vehicles. The building was built in 1995, and recently updated to create a warm, comfortable dining ambience. The facility has 2 dining rooms, full kitchen, and clean restrooms. There is an entryway payment counter for quick payment and another payment counter to accommodate the drive through window carryout customers.

There are 2 other structures on the site. A storage shed along with a 36' x 56' Pole Barn adjacent to the restaurant. This area allows for overflow parking and convenience for those trailering boats and campers.

This is a long established, successful business. Gobbler's focus on turkey based meals make it a unique option with minimal competition from other full service restaurants. There are many growth options such as developing a company website, adding new services like breakfast and commercial catering. Also, opening new locations to expand the market by franchising the current business model. The location offers high traffic, and the landscaping makes for great curb appeal. This along with a modern, comfortable dining area make for a great business opportunity.

Location

State MI

County Otsego

Community T29N-R3W

Area T29N-R3W

Zoning HX

Exterior

Parking Features Parking Lot,Paved

Building

Sewer Septic

Structure Type Block

Others

Acceptable Financing Land Contract,Conventional Mort,Cash

Listing Terms Land Contract,Conventional Mort,Cash

View More
Favorite Go Tour