Original 55 years Family Restaurant, Bar, Banquet & 3 Apartments
Business Description
Imagine yourself running a beloved family restaurant and bar that's perfectly positioned for explosive growth. You'll love this 16,000 square foot opportunity in Nikiski, where locals have made this establishment their favorite gathering spot year-round, and seasonal tourists keep your doors bustling during peak times. HUGE GROWTH NEW LNG PLANT IN AREA
Here's what makes this special: A major LNG plant is coming to the area, which means significant population growth and increased demand for dining and entertainment venues. You're getting in at the perfect time.
The property offers incredible versatility. Your main restaurant features a large dining room and full commercial kitchen, while the separate bar creates its own revenue stream. Two spacious event rooms give you the banquet and private party market - think weddings, corporate events, and celebrations that bring in premium dollars.
But here's where it gets really interesting: three separate residential rental apartments with their own entrances provide steady monthly income. You could live in one and rent the others, or rent all three for maximum cash flow. The choice is yours.
You'll appreciate the valuable liquor license included with the sale - that's a significant asset that would cost thousands to obtain separately. Ample parking ensures your customers never have to worry about finding a spot, even during your busiest nights.
The longtime staff wants to stay on, so you won't be starting from scratch. They know the business, the customers, and the community - making your transition smooth and profitable from day one.
With multi-million-dollar revenue potential and the incoming LNG development, this represents a rare chance to own an established business in a growth market. Whether you're looking for a lifestyle change or a solid investment, this property delivers both income diversity and expansion potential.
Business-only purchase available for $895,000 with lease arrangement. Confidential listing requires NDA for additional details.
Here's what makes this special: A major LNG plant is coming to the area, which means significant population growth and increased demand for dining and entertainment venues. You're getting in at the perfect time.
The property offers incredible versatility. Your main restaurant features a large dining room and full commercial kitchen, while the separate bar creates its own revenue stream. Two spacious event rooms give you the banquet and private party market - think weddings, corporate events, and celebrations that bring in premium dollars.
But here's where it gets really interesting: three separate residential rental apartments with their own entrances provide steady monthly income. You could live in one and rent the others, or rent all three for maximum cash flow. The choice is yours.
You'll appreciate the valuable liquor license included with the sale - that's a significant asset that would cost thousands to obtain separately. Ample parking ensures your customers never have to worry about finding a spot, even during your busiest nights.
The longtime staff wants to stay on, so you won't be starting from scratch. They know the business, the customers, and the community - making your transition smooth and profitable from day one.
With multi-million-dollar revenue potential and the incoming LNG development, this represents a rare chance to own an established business in a growth market. Whether you're looking for a lifestyle change or a solid investment, this property delivers both income diversity and expansion potential.
Business-only purchase available for $895,000 with lease arrangement. Confidential listing requires NDA for additional details.
About the Business
- Years in Operation
- 56
- Facilities & Assets
- Highway frontage Restaurant, bar and banquet building with 3 self-contained living upstairs apartments 16, 687 sf.
Completely furnished with all kitchen appliances, and equipment. Contact listing broker for completed package.
Note NDA Required as this is a confidential listing. - Website
- https://1clxp.edit.ihouseelite.com/-/listing/303512097/111-Kenai-Peninsula-Nikis
- Market Outlook / Competition
- SPECIAL ANNOUNCEMENT: FINAL APPROVAL FOR NEW MASSIVE ALASKA NATURAL GAS. INTERNATIONAL DITRIBUTION FACILITY WILL BE UNDER CONSTRUCTION IN THE CITY OF NIKISKI ALASKA SOON. THERE SHOULD BE A HUGE INFLUX OF WORKFORCE AND PERMANANT RESIDENTIAL WITHIN CLOSE PROXIMITY OF THIS RESTARUANT. IT IS ONLY ONE OF TWO FORMAL DINING BUSINESSES IN THE AREA BUSINESS GROWTH IS EMMINENT.
- Opportunities for Growth
- FINAL APPROVAL FOR NEW MASSIVE ALASKA NATURAL GAS. INTERNATIONAL DITRIBUTION FACILITY WILL BE UNDER CONSTRUCTION IN THE CITY OF NIKISKI ALASKA SOON. THERE SHOULD BE A HUGE INFLUX OF WORKFORCE AND PERMANANT RESIDENTIAL WITHIN CLOSE PROXIMITY OF THIS RESTARUANT. IT IS ONLY ONE OF TWO FORMAL DINING BUSINESSES IN THE AREA BUSINESS. NOTICE: BUYERS TO DO THEIR OWN RESEARCH ON LNG ALASKA
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 16,645
About the Sale
- Seller Motivation
- Owner has multiple other business investments and does not have the time to over
- Transition Support
- Owner will consider all option needed for a complete transition. Owner will consider selling just the business assets and operation and offer a competitive lease of the facility to purchaser
- Financing Options
- Potential Owner Financing on Business assets portion (TBD)
Listing Info
- ID
- 2464021
- Listing Views
- 23
Listing ID: 2464021 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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