Year Build: 1999
Building Size: 4,096 SqFt.
No of Stories: 1
Total Lot Area: 1.37 Acre
No of Parking: 86
No of Total Units: 1
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Heating and Cooling
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Metal
Occupancy: 100%
Full Description
Applebee’s was founded in 1980 by Bill and TJ Palmer in Decatur, GA. Today, there are approximately 2,000. Applebee’s locations that employ over 28,000 people and operate worldwide. Most Applebee’s restaurants
have franchise owners, a concept made popular by the company’s founders. In 2007, IHOP bought Applebee’s International, both of which now operate under the entity of DineEquity and combined to become the largest full
service restaurant company in the world. Team Schostak Family Restaurants began franchising restaurants over 30 years ago. Their portfolio started with
Burger King Restaurants throughout Michigan; they currently own/operate over 60 of the fast serve locations.
After successfully introducing Del Taco and Olga’s Kitchen to the state of Michigan in the early 2000’s, Team Schostak Family Restaurants acquired 65 Applebee’s statewide in 2012. Team Schostak Family Restaurants
pride themselves on developing and retaining employees to ultimately give the customer the best experience possible.