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Burger Kings on peninsula up for grabs

Posted: Friday, January 23, 2004

The two buildings, food service equipment and sundries that were once Burger King restaurants in Kenai and Soldotna are up for sale.

Owner Larry Baker closed the restaurants Dec. 24. -- along with 13 locations he owns in Alaska -- before filing Chapter 11 bankruptcy protection days later for his Anchorage-based company, North-west Restaurants.

Baker, who brought the first Burger King to Alaska in 1975, would like to find a buyer for the peninsula locations interested in reopening the franchises.

"I'm interested in preserving the brand on the Kenai," he said from his Anchorage office.

"Other than de-imaging the building, we've left everything in place," Baker said Wednesday, referring to the removal of all Burger King signs from the buildings -- which was required by Burger King Corp.

Baker is in the process of selling six of the restaurants -- three in Anchorage and one each in Wasilla, Palmer and Fairbanks -- to the former controller of his business, James Hinkle.

However, Baker said Hinkle "decided against" purchasing the other stores he owns, including the Kenai and Soldotna locations.

If he can find a buyer interested in reopening the restaurants, Baker said, "Those (Burger King) logos can go right back up as quick as they came down." If not, he said he will try to sell or lease the properties to other restaurant chains or possibly non-food businesses.



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