Marx Brothers Restaurant/Fine Dining/Anchorage, Alaska

Price: $900,000

Location: 627 W 3rd Avenue, Anchorage, Alaska

Industry: Restaurant

For sale is the well-loved, high-end Marx Brothers Cafe with a legacy of fine dining. Immerse yourself in its history and create your own unique story for the future. This is your chance! An opportunity to become part of the downtown fine dining scene.

Listing Details

Total Sales: $1,288,501

FFE: $75,000

Inventory: $150,000 (Included in Price)

Real Estate: $675,000 (Included in Price)

Reason For Sale:

The sellers are retiring after 44 years.

Training & Support:

The seller, two of the top chefs in Alaska, is willing to help with the transition and training for a new buyer.

Operation

Year Established: 1979

Days & Hours of Operation: Evening Hours Only.

Employees: 4 to 5 depending on season

Managers: Owners

Location

Security on Lease: Owner owned building

Type of Location: Business is being operated out of one of the oldest homes in downtown Anchorage, Alaska.

Square Footage: 2140

Summary

Historical Summary:

The restaurant is well known in the state of Alaska for its fine dining and catering for 44 years.

Owner Qualifications:

Buyer should have some experience with Restaurant operations.

Competition:

This Fine Dinning is so unique that there is very little competition in the Anchorage area.

Potential Growth:

As in all businesses, you can create whatever type of service that will attract additional clients.

Financing/Terms:

Commercial or SBA loan.