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1540 W Maumee Street, Adrian, MI 49221 (MLS# 23140997)


$1,595,000
1540 W Maumee Street
Adrian, MI 49221
MLS# 23140997
Status: Sold
1546 sqft


1540 W Maumee Street, Adrian, MI 49221
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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
County: Lenawee
Street #: 1540
Street Direction: W
Street Name: Maumee
Suffix: Street
State: MI
Zip Code: 49221
Zip (4): 1806
Area: Lenawee County - Y
OfficeContract Info
Status: Sold
Current Price: $1,595,000
List Price: $1,800,000
Listing Date: 2023-11-03
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.56
Lot Square Footage: 24394
Lot Dimensions: 169x79x8x15x40x65x143x159
Year Built: 2010
Road Frontage: 306
Mineral Rights: Unknown
Total # Units: 1
# Fin Bldg Lvls: 1
Total # Bldgs: 1
Total SqFt: 1546
Property Use Type: Business
Full Baths: 1
Waterfront: No
School District: Adrian
Tax Info
Tax ID #: XA0-133-4300-01
Taxable Value: 180372
SEV: 198900
For Tax Year: 2022
Seller's Annual Property Tax: 11375
Tax Year: 2022
Spec Assessment & Type: UNKNOWN
Remarks Misc
Directions: US 223 to Maumee
Status Change Info
Under Contract Date: 2024-05-17
Sold Date: 2024-07-02
Sold Price: $1,595,000
Sold Price/SqFt: 1031.69
Additional Details
Total Parking Spaces: 14
Business Opportunity
Business Description: Pizza
Business Name: Little Caesars
Equip Value ($): 282534
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

1540 W Maumee Street, Adrian, MI 49221 - MLS# 23140997

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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