This exceptional business opportunity presents the chance to acquire the renowned Cheddar Depot, a thriving establishment located at 800 N Main Street in Salem, Indiana. Boasting a prime location near schools, a hospital, nursing homes, and factories, this award-winning business benefits from strong daily foot traffic. Cheddar Depot offers a diverse menu including hand-dipped ice cream, a wide selection of cheeses, fudge, candies, and deli sandwiches. All recipes, equipment, and inventory are included in the sale, ensuring a smooth transition for the new owner. The business is well-established and known for its high-quality cheeses, which are shipped nationwide. Cheddar Depot also caters to local school districts and handles event orders, providing additional revenue streams. The property includes a comfortable covered porch and a picnic area for customer relaxation. The sale encompasses both the real estate and all business assets, facilitating a seamless transfer of ownership. Please note that the adjacent ice house/white shed near the picnic area is not included in the sale. The property sits on a 0.36-acre lot. The asking price for this turnkey operation is $550,000.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$435,864
Hospitality
$399,249
Educational
$332,171
Medical
$343,595
Retail
$516,710
Location Insight
City
Salem
County
Washington
State
Indiana
Latitude
38.6134
Longitude
-86.1011
CBSA code
31140
CBSA name
LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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