Established Restaurant, Sports Bar & Hospitality Operations - Business Only
Two established and complementary hospitality operations on the Kenai Peninsula. Combined business and asset sale with no real estate included. The offering combines an established full-service restaurant with formal & casual dining with banquet facilities together with an adjacent popular sports bar PHOTOS NOT ACTUAL Business Highlights
" Multi- million in 2025 combined revenues
" Long-established operating history
" Full-service restaurant /bar dining facilities
" Banquet and special-event facilities
" Popular sports bar operation
" Outdoor bar/seating area
" Established food and beverage operations
" Two liquor licenses, subject to applicable transfer approvals
" Existing commercial kitchens, bars, furnishings, fixtures and operating equipment, subject to final asset schedule
" Approximately 11,350 SF of commercial operating space
" Ample associated customer parking
" Real estate not included
Lease
The real estate will remain under current ownership. A competitive commercial lease for approximately 11,350 SF together with associated parking will be established with the purchaser.
Lease rate, term, renewal options and other lease provisions are negotiable and will be established as part of the transaction.
Financial Information
The businesses have demonstrated improving operating performance, with approximately Multi-million in combined 2025 revenue and substantial normalized owner cash flow.
Detailed financial statements, normalized Seller's Discretionary Earnings (SDE), asset information and additional operating information will be made available to qualified prospective purchasers subject to confidentiality requirements.
| Listing Id: | 26-10921 |
|---|---|
| List Price: | $1,150,000 |
| Property Type: | Commercial Sale |
| Property Sub Type: | Single Use |
| Status: | Active |
| Bathrooms Full: | 0 |
| Bathrooms Three Quarter: | 0 |
| Bathrooms Half: | 0 |
| Tax Annual Amount: | $0 |
| Lot Size Square Feet: | 40,946.4 |
| Lot Size Acres: | 0.94 |
| Waterfront?: | No |
| City: | Soldotna |
| MLS Area Major: | Kenai Peninsula Borough |
| Postal Code: | 99669 |
| Year Built: | 1958 |
| Street Number Numeric: | 1,150 |
| List Agent Full Name: | Thomas M Lucas III |
| Contract Info Em Minimum Deposit: | $10,000.00 |
| Contract Info Foreclosure Bank Own: | No |
| Co List Agent Full Name: | Tom Lucas Sr |
| Location Tax And Legal Region2: | 1 - Southcentral Alaska Region |
| Location Sp Tax Sp And Sp Legal Co Grid Sp Pound Sp Lparen Muni Sp Anch Rparen 2: | N/A |
| Lot Size Units: | Square Feet |
| Property Info Realtorcom Type: | Commercial |
| Property Info Construction Status: | Existing Structure |
| Property Info Building Type2: | Class B |
| Property Info Building Status: | Leased |
| Property Info % Of Space Leased: | $100.00 |
| Heating?: | Yes |
| Bathrooms Total Integer: | 0 |
| Basement: | false |
| State Or Province: | AK |
| View: | City Lights, Unobstructed |
| Foundation Details: | Other, Slab |
| Building Area Total: | 11350.0 |
| Stories: | 1 |
| Lot Size Source: | Tax Authority |
| Sewer: | Public Sewer |
| Listing Contract Date: | 2026-08-25 |
| Building Name: | Undisclosed |
| Roof: | Other, Unknown - BTV, Composition |
| Lot Size Area: | 40946.4 |
| Parcel Number: | 000 no real property |
| Zoning: | C - Commercial |
| Documents Change Timestamp: | 2026-08-26T02:13:49Z |
| Heating: | Natural Gas |
| Construction Materials: | Unknown, Other |
| Parking Total: | 40 |
| Flooring: | Other |
| MLS Area Minor: | 330 - Soldotna |
| Office Office Apx Sf: | 300 |
| Listing Terms: | Cash, Conventional, Lease Option, Other, Owner Finance |
| Water SourceWater Sp Source Co Water Sp Source: | Public |
| Primary SpacePrimary Sp Space Co Primary Sp Space: | Hospitality |
| Exterior FinishExterior Sp Finish Co Exterior Sp Finish: | Stucco |
| Roof TypeRoof Sp Type Co Roof Sp Type: | Other, Unknown - BTV, Composition |
| HeatingHeating Co Heating: | Natural Gas |
| FlooringFlooring Co Flooring: | Other |
| DocumentsDocuments Co Documents: | Other - See Remarks |
| WallsWalls Co Walls: | Sheetrock, Other - See Remarks |
| Features CommercialFeatures Hyphen Commercial Co Features Hyphen Commercial: | In City Limits, On-Site Parking, Stand Alone Unit, Corner Lot |
| Water Source: | Public |
| View Type: | City Lights, Unobstructed |
| Access: | Government, Maintained, Paved |
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Alaska Wild Property by Realty ONE Group Aurora are marked with either the listing brokerage's logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy.
© 2026 Alaska MLS.
Alaska MLS data last updated on October 08, 2026 01:07 PM - AKT.
IDX Services Provided by Propertybase GO d/b/a Propertybase Inc.
Property Last Updated: October 08, 2026 01:07 PM - AKT
Listing Courtesy of: Mossy Oak Properties of Alaska - Wasilla
Listing Agent: Thomas M Lucas III
907-521-5511
