Perfect for Investors Seeking a Turnkey Hospitality Business!
Discover Generations on the Lake, a unique multipurpose, lakefront restaurant just 30 minutes from Ottawa. This established, fully-licensed business is situated on 4 acres of beautifully landscaped waterfront property on Mississippi Lake and has been thriving for 7 years, generating $1M in annual sales.
________________________________________
Why This Opportunity Stands Out
Prime Waterfront Location:
• Breathtaking Views: Year-round panoramic lake views from a fully enclosed porch with stone floors, A/C, heating, and two wood-burning fireplaces for a cozy ambiance.
• Private Dock: Attracts summer guests arriving by boat for lunch or dinner.
Fully Operational & Profitable Restaurant:
• Menu Highlights: Specializes in Steaks, Seafood, Prime Rib weekends, Bourbon Back Ribs, and the famous Captain’s Chowder—a local favorite.
• Busy All Seasons: Supported by locals year-round, with peak summers and a strong winter snowmobiling clientele.
• Social Media Presence: 7,500 Facebook followers.
State-of-the-Art Kitchen:
• Four Rational Smart Ovens ensure efficient and consistent cooking, allowing any staff member to deliver gourmet results. Save 50% on energy costs compared to traditional kitchens.
• Fully equipped with a walk-in refrigerator and freezer.
Events & Weddings:
• Includes a 40x100 event tent, perfect for weddings or large-scale events of up to 220 guests. The tent comes fully equipped with tables, chairs, silverware, glasses, plates, and buffet tables.
• Ample parking and separate spaces for restaurant guests and event attendees.
Unique Century Building & Extra Income Potential:
• 6200 sq. ft. of interior space, including a bar, dining room, and fully equipped restaurant kitchen.
• Second floor features 4 rentable units (3 one-bedroom suites and 1 large premium unit with living room/office). Perfect for Airbnb, family use, or employee housing.
Exceptional Lease Terms:
• Monthly lease: $5,000 (with small annual increases), secured through 2032.
• Long-term stability guaranteed by the same family-owned property for 150 years.
________________________________________
Unmatched Features for a Seamless Operation
• Wedding/Event Potential: Host weddings and events without disrupting restaurant operations.
• Ready for Expansion: Ample opportunities to add comedy shows, concerts, and seasonal festivals.
• Live and Work on Site: The second-floor suites offer a perfect opportunity for owners to live onsite while running the business.
________________________________________
Key Financials & Investment Details:
• Annual Sales: $1M
• Asking Price: $599,000 (includes everything: kitchen equipment, event tent, furnishings, etc.).
This is a rare opportunity to own a well-established restaurant with multiple revenue streams and unmatched growth potential in a stunning waterfront location. Whether you’re a seasoned investor or looking to expand your portfolio, this turnkey operation offers incredible value and long-term potential.
________________________________________
Why Choose Generations on the Lake?
• Unique and iconic property with no nearby competition.
• Proven success over 7 years with strong community support.
• Endless possibilities for further expansion and innovation.
Don’t miss out on this once-in-a-lifetime opportunity! Contact us today to learn more.
Call Glynn Comeau
Cell: 613-292-0620