More than real estate: local businesses are entering the market

As the region’s economy continues to climb, new business opportunities are emerging, including several established companies now in the market. The teleprinter explore ….

Interested in cleaning up? Do it with a historic Traverse City company. The Eastfield Commercial Laundry and Laundromat is for sale for $ 1,999,999. The retiring owner, turnkey businesses and real estate are sold all together with all inventory, machinery and training included. Washers and dryers come with credit card readers, allowing customers to use cards or change, an option most laundromats don’t offer.

Tom Krause of Krause Realty Solutions represents the owner, Jim Lagato. Lagato bought it after retiring from the telephone company. He had started working part-time for a local construction company to look after and was fired when he saw an ad for the laundromat. “I looked and bought it. I don’t hunt, I don’t fish, I work. Or I would be bored to death, ”he said.

He got into it with a 10-year plan, and here it is 17 years later. “My problem is, I made it bigger,” he says, buying the two buildings next to the original Eastfield laundry to run a commercial part. “I bought the Ben Franklin (building) for the trade (laundry) and I bought the middle one because it was in my way.” He could well fail his second retirement, as he owns a 53,000 square foot property and building in Grawn, where he produces Mr. Jim’s laundry soap.

As popular as boating is right now, maybe now is the time to consider the Interlochen Boat Shop. The company and its 11+ acres are up for sale for $ 1.6 million. It doesn’t sell boats per se, but if it’s about being on the water, you’ll find it here: it’s a retail parts dealer and shore station and offers a boat lift delivery service, boat wintering and shrink wrapping. The shop serves boat owners on Green Lake, Long Lake and Duck Lake and other local bodies of water.

The site also offers other retail possibilities, with plenty of parking lots. In addition, there are many sheds and outbuildings, hunting blinds, open fields with some woods and roads everywhere. There’s even a three-bedroom mobile home with a patio, fenced yard, and carport. The company is just off US Highway 31, just west of Interlochen. Lori O’Mara of Real Estate One represents the owner.

If you can’t wait to get started in the restaurant business, the choice is yours. One is McGee’s 31, on US31 just north of Chum’s Corner, for $ 1,015,000. It has 140 seats with deck seating for another 60, and has been fully upgraded both inside and out for $ 200,000. Aesthetic improvements inside and out include paving the parking lot and adding digital signage. It is on 1.93 acres, providing room for expansion.

Another option is That’sa Pizza, which has three locations: Hammond Road, Acme, and North Long Lake Road. All three can be yours for $ 1,100,000. The company started in 1981 and has grown over the years, proof of a loyal and growing clientele. The Hammond and Acme locations are primarily pickup or delivery locations, although they do have small dining areas. The Long Lake Pizzeria has a Class C liquor license and a full dining room.

These two catering possibilities are represented by William Malek of Michigan Business Advisors.

Or grab a bite of the local Big Apple Bagels franchise. It opened in Traverse City in 1998 and has been operating under current ownership since January 2011. The Traverse City store has the highest sales of any store since 2016 and is the first and only of 71 stores in 22 states. of the Million Dollar Club, exceeding $ 1 million in sales in 2019. It is listed at $ 269,000. Andy Stireman of the Stireman Group at Coldwell Banker Schmidt Realtors is negotiating the sale.

Another option is the comfort center. The furniture dealer’s two Traverse City locations are up for sale for $ 6.5 million. The list includes the entire business, real estate, inventory, equipment, and labor. Both sites include large, well-stocked warehouses and ample parking. The rest is up to you. Mark Hagan of Coldwell Banker Schmidt Realtors represents the vendor.

Despite its name, the Dockside 31 liquor store is not located next to the water – it would be its sister operation on West Bay – but it does offer the same options as its namesake: beer, wine, sandwiches, pizza, and don’t forget the hunter jerky and sausage. It’s on US-31 (hence the name) just north and across from Turtle Creek Stadium. It is being offered for $ 399,000, which includes the business and the building. The sale is handled by James Francisco of the Francisco group.

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About Gloria Turner

Gloria Turner

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