ROCHESTER, Minn. – The first Dairy Queen to press frozen custard into cones, in business in Rochester since 1947, is for sale. Listing price: $1.4 million. Tim Spratte, the third generation of his family to own the shop, wants to to retire and spend more time the grandkids. He’s 67. While the shop was established almost 80 years ago, it wasn’t the first Dairy Queen, The first was in Joliet, Illinois, in 1940.

On North Broadway in Rochester. Circa 1965. Options include taking on the franchise. Also possible to repurpose the property. Mayo seems always scouting for places to expand.