1990 N US-31 N $125,000


    1990 N US-31 N Traverse City, MI 49686

    • Commercial
    MLS# 1856309 | Active U/C Taking Backups


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    Days On Market: 133 34 Views
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    Property Details

    Breakaway Café & Coffee Bar has created a foundation for its successorship to hit the ground running, minimizing the risks of a first-time, or veteran business owner and allowing the opportunity to turn a profit within the first year of ownership. The business already turned a profit in its second fiscal year. This is unprecedented in the food and beverage industry and predictive of a high rate of profitable growth moving into its third year of operations. The seller's objective is to continue this momentum and transfer ownership to a worthy leader who will maintain a positive impact in the community. The financials project a 30% sales increase this fiscal year over last. The momentum of Breakaway's brand recognition, the trust they have built with their regulars, and its intellectual property - logo, website, content, recipes, etc. - make it a valuable investment. Paired with its sound procedures, proprietary recipes, and steady, predictable overhead, this turn-key business is poised for growth as a franchise or satellite locations.

    • General Features
      • Licenses Food
      • Included In Lease None
      • Business Incl Yes
      • Business Name Breakaway Cafe
      • Type of Ownership Private Owner
      • Approx Year Built 1979
      • Type Retail/Commercial
      • Town T 27N
      • Township East Bay
      • Present Use Restaurant/Food Service
    • BuildingFeatures
      • Extras Sprinkler System, Furniture/Fixtures, 16ft Ceiling Height
      • Foundation Slab
      • Heating Cooling Source Natural Gas
      • Roof Asphalt
      • Heating Cooling Type Forced Air
      • Apx Total Fin SQFT 990
    • Property Features
      • Water Municipal Water
      • Vacant Land No
      • Univs Design/Barrier Free None
      • Road Public Maintained, Blacktop
      • Sewer Municipal
      • Parking Parking Lot
      • Exterior Features Wood
      • Construction Frame
      • Lot Dimensions See Associate Documents
      • Location Shopping Center


    Craig Lively

    Broker/ Owner


    Mobile Phone: 231-838-7481


    49686 (Traverse City) Demographics

    44Median Age
    272Population Density (per sq. mile)
    49%College Educated
    $58,389 Estimated Median Income
    9,960Estimated Total Home Owners
    3,551Estimated Total Renters
    74% / 26%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    32,747Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $232,500 Median Sales Price
    28 Homes Sold
    102 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $125,000
        3/20/2019 4:31:34 PM Status Changed Source New Value: Active U/C Taking Backups
        1/13/2019 1:31:24 AM Status Changed Source New Value: Active
        1/10/2019 11:32:00 AM New in Database Source

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