Anchorage Restaurants For Sale
Profitable Restaurant, Bar & Inn in Soldotna, Alaska w/Real Estate
Year round well established & profitable restaurant, bar w/ liquor licenses, banquet room & motel, with 15% cap rate. Located in the city of Soldotna approximately a mile from the famous Kenai River which has one the largest salmon runs in the world each summer.
Building
15,100 sq.ft. with a 75 seat restaurant, 25 seat bar and a 50 seat banquet room, 18 unit motel plus 2 ea 2 bedroom apartments & 1ea 1 bedroom managers apartment, entire building has a sprinkler fire suppression system. Originally constructed in 1979 has been remodeled and is well maintained. New roof 2006, new boiler in 2005, new stair railings in 2011, 2012 installed a new hood system in kitchen area and installed new cement siding completed in 2013.
Approximately 30 employees (many part time) and during the summer peak season there are about 5 extras to handle the increased volume and hours. Currently there are 3 housekeepers, 5 front desk staff and 2 maintenance guys in the hotel (10 total employees in the hotel). The restaurant has 2 bartenders, 7 servers, 3 hosts, 5 dishwashers, 4 cooks and one chef (22 restaurant employees). Combined there are 32 on staff right now.
Seller is the property manager and wants to retire so thats the reason for selling. Seller is willing to stay on to train new owner.
Please visit SellingRestaurants dot com for more information.
Broker James W. Riley DRE License #9015
Lease
Financials
Operations
Facilities
Highlights
- Profitable Restaurant
- Excellent Location
- Well Maintained
- Dependable Employee Staff
- Year Round Cashflow
- Close to the Famous Kenia River
- Real Estate and Business for sale
- Located near a major Alaska Salmon River
Financing
Demographics
| Population | 5-mi |
|---|---|
| 2014 Total Population | 10,380 |
| Households | 5-mi |
| 2010 Number Of Households | 5,697 |
| 2010 Persons Per Household | 2.56 |
| Median House Value | $192,200 |
| Income Per Household | $70,320 |
| Businesses | 5-mi |
| 2009 Number Of Businesses | 416 |
| 2012 Number Of Employees | 8,224 |
| 2012 Total Annual Payroll | $232,929,000 |
click for more demographic info
Disclaimer
Notice: The User (that's you reading this) of this Website understands that J. Riley Realty LLC. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it. In some cases, foreward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business. Owning a business is a risky venture, but can also be a rewarding one. The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.