Restaurant Overlooking Mille Lacs Lake

Asking Price$375,000

Cash Flow
$140,891
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Restaurant Overlooking Mille Lacs Lake


Asking Price$375,000

Cash Flow
$140,891
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
PRICE REDUCED TO $375,000! (Originally $399,000!). 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.
About the Business
Facilities & Assets
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
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
5,440
About the Sale
Seller Motivation
Owner pursuing other ventures
Listing Info
ID
2157948
Listing Views
6618
Attached DocumentsAttachment Disclaimer

Spotlite_Cafe_NoFinancials.pdf


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Business Listed by: Tim Miller Close-Converse Commercial Properties

Listing ID: 2157948 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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