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  • RE:  Profitable Restaurant Overlooking Mille Lacs Lake
  • Contact:  Tim Miller
  • License #: 40032244

Quick Facts

Asking Price: $399,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: $131,504
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 565911071
Broker Reference #: BUS231727

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Business Overview:

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.

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Property Features and Assets:

Building: 5,440 Square Feet Total; Main Level: 3,928 Square Feet (Spotlite Cafe, Ice Cream Spot & Mille Lacs Lake Gift Shop); Upper Level: 1,512 Square Feet (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 to pursue other ventures.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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