$1,595,000
Adrian, MI 49221
MLS# 23140997
Status: Sold
1546 sqft
1 / 27
Property Description
Little Caesars Pizza Franchise in Adrian, Michigan includes all real-estate, personal property, inventory, equipment and Adrian Little Caesars franchise business. Sales Are Up! 11% from 2022 and should come in at $1,900,000 by year end. Join one of the fastest growing ''Best Value in America'' pizza brands, with over 4,000 locations. National advertising has made this brand a household name. Easy to operate business has a well-trained manager and over two dozen employees in place. Same family has owned for over 40 years and are looking to retire. The sales and margin of this store continues to improve every year, this is a priceless opportunity. This Little Caesars Restaurant is the only one in a 20 mile radius.
Details
Maps
Location & Property Info
Cross Streets: Maple
Property Sub-Type: Business Opportunity
Area: Lenawee County - Y
Municipality: Adrian City
Principal Road: Yes
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 1164.29
Prop Avail for Lease?: No
Current Bldg Use: Little Caesars Pizza
General Property Info
New Construction: No
Lot Dimensions: 169x79x8x15x40x65x143x159
Road Frontage: 306
Mineral Rights: Unknown
Waterfront: No
Total # Units: 1
Total # Bldgs: 1
# Fin Bldg Lvls: 1
Total SqFt: 1546
Property Use Type: Business
School District: Adrian
Lot Measurement: Acres
Lot Acres: 0.56
Lot Square Footage: 24394
Year Built: 2010
Full Baths: 1
Tax Info
Taxable Value: 180372
SEV: 198900
For Tax Year: 2022
Seller's Annual Property Tax: 11375
Tax Year: 2022
Homestead %: 0
Spec Assessment & Type: UNKNOWN
Tax ID #: XA0-133-4300-01
Remarks & Misc
Legal: ALL THAT PART OF E 1/2 OF SE 1/4 SEC 33 T6S-R3E COM S 88 DEG 58'55''W 480.94 FT ALG E & W 1/4 LI FROM THE E 1/4 COR SEC
Status Change Info
Sold Price/SqFt: 1031.69
Under Contract Date: 2024-05-17
Sold Date: 2024-07-02
Sold Price: $1,595,000
Additional Details
Total Parking Spaces: 14
Street Type
Paved: 1
Public: 1
SqFt Information
Security System: 1
Property Use
Business: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Restaurant: 1
Construction Type
Concrete: 1
Exterior Material
Stucco: 1
Roofing
Rubber: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Ownership
Franchise: 1
LLC: 1
Below Grade
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Docs at List Office
Aerial Photo: 1
Other: 1
Business Includes
Equipment: 1
Furniture: 1
Inventory: 1
Real Estate: 1
Other: 1
Util Avail at St
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Phone Available: 1
Driveway
Asphalt: 1
Concrete: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Business Opportunity
Business Description: Pizza
Business Name: Little Caesars
Equip Value ($): 282534
Possession
Negotiable: 1
Location Property Info
County: Lenawee
Street #: 1540
Street Direction: W
Street Name: Maumee
Suffix: Street
State: MI
Zip Code: 49221
Zip (4): 1806
OfficeContract Info
Status: Sold
Current Price: $1,595,000
List Price: $1,800,000
Listing Date: 2023-11-03
Remarks Misc
Directions: US 223 to Maumee
Property Features
Property Use: Business
SqFt Information: Security System
Uses: Restaurant
Ownership: Franchise; LLC
Business Includes: Equipment; Furniture; Inventory; Real Estate; Other
Construction Type: Concrete
Exterior Material: Stucco
Roofing: Rubber
Below Grade: None
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St: Electricity Available; High Speed Internet; Natural Gas Available; Phone Available
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Asphalt; Concrete
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Docs at List Office: Aerial Photo; Other
Sale Conditions: None
Possession: Negotiable
Supplements
The store is up up date with all Little Caesar's best equipment specs; which are some of the best in the industry. Systems support "HOT N READY" takeout, DRIVE THRU as well as in store hotbox auto pickup and complete Doordash delivery system. The phone app ordering system is fast, efficient and one of the countries best. So many benefits to acquiring this franchise resale. Great location close to three colleges, residential neighborhoods and businesses. Invest today and walk into a turnkey, STATE OF THE ART, very well-established Little Caesars Franchise. To build this store new would be $1,200,000 plus! Little Caesars is the volume pizza seller to churches, sports teams & schools. Jump on this opportunity to own this franchise resale. Contact Mark Riggle at Re/Max Irish Hills today for this business, an unmatched opportunity.
Listing Office: RE/MAX IRISH HILLS REALTY
Listing Agent: Mark Riggle
Last Updated: July - 04 - 2024
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