Successful Seasonal Restaurant in Southeast Alaska

Haines, AK (Haines County)

Successful Seasonal Restaurant in Southeast Alaska
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Asking Price: $390,000

Cash Flow: N/A

Gross Revenue: $500,000

EBITDA: N/A

FF&E: $80,000

Inventory: N/A

Rent: $1,600 /Month

Established: 2000

Successful Seasonal Restaurant in Southeast Alaska

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Business Description

Great Food. Glorious Views.

The Fireweed Restaurant is a busy seasonal restaurant in Haines, Alaska with an excellent local and regional reputation. Operating since 2000, this business has $500,000 in sales in its six month seasonal operation, with a huge potential for growth. Located in Building #37 of Historic Fort William H. Seward, it has beautiful reclaimed wood interior, dramatic mountain and ocean views (the best in town), attached apartment, and new long-term 8 year lease. The beer and wine license is transferable, all equipment is well-maintained and updated, and all menu item recipes are provided by a classically trained chef. This is truly a turn-key operation. It is located one block from the cruise ship dock. Haines has a strong tourist economy and a great local following. Email aplusa.fireweed@gmail.com or see our website at fireweed-restaurant.com for more information.

Detailed Information

Location:
Haines, AK
Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
12/31/2027
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is turn key operation with all equipment, including 4 deck pizza oven, 2 Hobart mixers, all prep coolers, walk in cooler, all plastic and cambro storage containers, dishes, small wares, glass ware, 6 burner range with full size oven, char grill, pots, pans, new 370# ice machine, coffeemaker, 2 beverage coolers, and much, much more. We have a transferable beer and wine license, making the transition much easier than obtaining a provisional license, and value our assets at about $100,000. A true turn key operation.
Competition:
We believe ourselves to be the best restaurant in town. There are a handful of other restaurants, most below par, and only one true competitor with plenty of business for both.
Growth & Expansion:
We currently only operate a dinner service 6 nights a week. We have run lunch in the past and it was quite successful. We decided to focus our efforts on dinner but someone with the hope of having a lunch and dinner service 7 days a week could greatly increase profits. Winter rent/seasonal closure is one months rent. Ex., October-March would be $1,600. This includes the apartment.
Support & Training:
Classically trained chef is available to provide all recipes and to train in new owners or staff. The current staff is completely trained in and ready to keep working for new owner. Current owner/chef is available to show new owner seasonal closing procedures and can return to show how to help with seasonal opening the first year.
Reason for Selling:
After 13 wonderful years I'm relocating and ready for a new adventure.
Business Website:
http://fireweed-restaurant.com
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Business Listed By:
Adam Richard

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