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Businesses For Sale > Business For Sale in Ketchikan Gateway, Alaska (AK)

Profitable Waterfront Restaurant Nets $197k Open 5 Months a Year for sale in Ketchikan Gateway, AK

Ketchikan Gateway, Alaska (AK)

Asking Price: Gross: Cash Flow:
$ 569,000 $ 826,065 $ 97,900

Furniture and Fixtures Value:
$ 176,335 (included in the asking price)

Inventory Value:
$ 15,000 (included in the asking price)

Business Summary:
One of a kind water front Seafood restaurant ideally located on a beautiful island & premium cruise ship destination. Open only 5 months out of the year (May-Sept) from 10am to 3pm Mon-Thurs. & 10-8 Fri-Sat and serving 400 plus covers a day during this time. The Cruise Industry currently brings more than 1.2 million visitors per year. The restaurant is beautifully renovated in a warm yet contemporary vibe with an open atmosphere. The dining room seats 57, plus the bar serving beer & wine and there's additional seating for 30 on the waterfront patio. The location can't be beat, it is next to the biggest tourist attraction on the island and also at the entrance to a unique and sought shopping enclave which is also owned by the landlord. Sales are phenomenal and now that the MEGA cruise ships have been approved for the port, more docks are under construction. Est. 13 years. Real estate is available for sale for $630k. Tremendous upside potential, contact agent for these details. Please refer to listing 6401595831, Business Broker Max Crescenzi 561 758-4241 when you inquire about this listing.

 

   
Year Business was Established: 2006
   
Number of Employees: 10  
   
Facilities / Terms of Lease: Lease/Month: 7367 Square Footage: 3200 Building Type: Self Standing Terms & Options: Available Expiration Date: 9/30/2025  
   
Competition: Non Compete : Miles: 25 Years: 3  
   
Owner willing to finance: Loan/Seller - Amt: 294,000 Mos: 84 Rate: 6.00 Mo Pmt: 4294.92  
   
Owner willing to train: 4 weeks training at no cost  
   
Reason for selling: Moving back to the lower 48  
   
Seller Reference Number: 6401595831
BusinessMart.com Listing Number: 247090
 

 

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For more info contact:

Andrew Cagnetta

Transworld Business Advisors Florida
954-772-1122

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