Renowned Restaurant in Prime Alaska Location
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Asking Price
$1,700,000
Detailed Information
Business Description
Acquire a highly profitable and renowned restaurant in a prime location in Alaska with $2 million in annual revenue and $345,000 in Seller's discretionary earnings. This restaurant enjoys a top dining destination status with no competition, a loyal local clientele, and a robust track record in financial performance. Its enviable location ensures a steady flow of customers and consistent foot traffic, establishing it as the go-to dining spot in the area. With impressive year-over-year financial trends showcasing a 62% gross profit margin and a 13% net profit margin, this turnkey opportunity offers a solid foundation for success in the hospitality industry. The restaurant's warm, friendly atmosphere and exceptional service have garnered it a spot among the top 5 best restaurants in Alaska, attracting a loyal following of both locals and visitors. Operating on a reservation-only basis and consistently booked every night, it ensures a reliable stream of patrons. This establishment's efficient operations and robust business model provide owners with solid returns and an opportunity to capitalize on its