Restaurant Overlooking Mille Lacs Lake

Garrison, MN

Asking Price:

$399,000

Cash Flow:	$131,504

Listing ID: 2157948Listing provided by BizBuySell

BUSINESS DESCRIPTION

Turn-Key profitable Restaurant Opportunity

Excellent opportunity to take over a long standing, well operated restaurant and ice cream shop located along Hwy 169 in Garrison, opposite Mille Lacs Lake. In operation for over 40 years, Spotlite Cafe has been serving its customers with exceptional made-from-scratch all-day breakfast, lunch & dinner, including their famous original pancake recipe. Recently added within the restaurant is the Ice Cream Spot - an ice cream parlor and gift shop serving scoops of Kemps ice cream in cones, bowl & pints as well as Mille Lacs Lake Gift Shop - brimming with apparel & souvenirs. This distinct restaurant, paired with an upper level apartment overlooking Mille Lacs Lake, represents a unique investment. Enjoy easy access, excellent visibility and high traffic counts.

DETAILED INFORMATION

Location

Garrison, MN

Inventory

Not Included in asking price

Real Estate

Owned

Included in asking price

Building SF

5,440

Facilities

Building: 5,440 SF Total; Main Level: 3,928 SF (Spotlite Cafe, Ice Cream Spot & Mille Lacs Lake Gift Shop); Upper Level: 1,512 SF (Apartment); Corner Lot Size: 0.27 AC; Seating Capacity: 74; Kitchen: (2 on Main Level, 1 on Upper Level); Coolers: 2; Lake Visibility: Mille Lacs Lake is located across Hwy 169 from the property

Reason for Selling

Owner pursuing other ventures

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