Alaskan Hotel & Bar

Price: $1,300,000

Location: 600 1st Street, Cordova, Alaska

Industry: Hotel/Bar/Package Liquor Store

Iconic Alaska Hotel, Bar and Liquor Store located in the beautiful fishing town of Cordova, Alaska. Turnkey business with multiple revenue streams.

Cordova is a small fishing village nestled at Orca Inlet on Prince William Sound, Cordova rests at the base of the Chugach Mountain Range and serves as the gateway to the 700,000-acre Copper River Delta, where prized salmon swim in the springtime to reach their northern breeding grounds. Travel the 49.5-mile Copper River Highway through extraordinary river wetlands, where millions of birds stop in the river mudflats during their migration. Along the way, you may sight moose and mountain goats, as well as birds. And near the bridge, behold spectacular Child’s Glacier. Paddle in a sea kayak alongside seals and sea otters. Discover mountain biking on old logging roads. Raft on the Copper River, and experience a salmon fishing expedition, led by knowledgeable local guides.

Listing Details

Total Sales: $1,067,779

(Included in Price)

Reason For Sale:

Sellers are retiring.

Training & Support:

Seller will help with transition of sale.

Operation

Year Established: 1908

Location

Square Footage: 15000

Facilities Information:

The first floor contains; the Bar, Liquor Store, Boiler room and Storage area’s

The Second Floor Contains;
1 Apartment
4 Sleeping rooms with shared bathroom facilities
4 Sleeping rooms currently used as storage
4 hotel rooms with private bath
Laundromat for guest and tenant use
Housekeeping and storage areas
1 commercial space with separate entrance, currently a hair salon

The third Floor contains;
6 efficiency Apartments, storage areas, office and the owner's Apartment

Summary

Historical Summary:

Great opportunity to live in one of Alaska’s great fishing communities.

Potential Growth:

This business has unlimited potential for growth with the multiple revenues coming in and expanding on the existing operation.

Financing/Terms:

Seller will consider owner financing with a large downpayment and on approved credit.