$585,000

Own an Ishpeming Institution ?? Mama Mia's Italian Restaurant Since 1981, Mama Mia's has been a familiar and beloved part of downtown Ishpeming. For more than four decades, generations of families, friends, locals and visitors have shared meals, celebrations and memories here while enjoying authentic Italian cuisine. Known throughout the area as a destination for Italian dining, Mama Mia's has become more than a restaurant, it's a part of the community's history and a name people know and remember. There is tremendous value in what is being offered here. The sale includes the established Mama Mia's business, real property, building and lot, equipment, inventory and supplies, POS system, Class C Liquor License, and closely held recipes along with the brand recognition, goodwill, reputation and customer base built over more than four decades. This is an opportunity to acquire the foundation and infrastructure of an established restaurant rather than starting from the ground up. For someone who has dreamed of owning a restaurant, this is an opportunity to step into a turnkey operation and make a well-known local establishment your own. Mama Mia's attracts loyal local customers as well as visitors from near and far throughout the year, providing a strong foundation for a new owner to carry on its tradition while bringing their own vision to the business. There is also significant opportunity to expand the business through catering, an area that has not been the primary focus of the current ownership. Catering could provide an additional avenue to build on the strong foundation and reputation Mama Mia's has already established. The restaurant is currently operating as an established business. Recent improvements include a brand-new HVAC system in the back dining room and a new water heater installed in February 2026. Financial information is available to qualified, serious buyers upon execution of a Non-Disclosure Agreement (NDA).