ChairFive.com

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Girdwood Alaska - Chair 5 Restaurant near Alyeska Resort south of Anchorage Alaska

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Chair Five Restaurant was conceived in a drunken stupor during the rainy season of 1982. It was really all just an accident that things turned out the way they did and turned into the Chair Five restaurant of today. It all started one Friday evening after a good afternoon of drinking at Alyeska Resort. I decided to walk to a local unknown place called the Double Musky Inn for the Friday night Happy Hour (still legal in Alaska in those days). By accident I stumbled, literally, into a vacant building, a dark cavernous empty shell, formerly the original Chilkoot Charlies bar.

Although the building had been vacant for 4 years and to put it mildly was a dump, it somehow enchanted me and by the next day I could think of little else. Within 24 hours I had a partner, Jesse my coworker at the Sitzmart Restaurant of Alyeska Resort, and after consuming numerous Scotch on the rocks had devised a plan. We would quit our jobs, borrow some money and presto, in 2-3 weeks be ready to open Girdwood's hippest restaurant. What could be easier than this project I reasoned? Being 23 years old and possessing my as yet unused Business Degree from Utica College of Syracuse University I was ready to take on the world.

A few more drinking sessions and Jesse and I had a business plan in order. We would sell 50% ownership for $50,000 to a friend of Jesse's, sweat equity our share of 25% each, buy the property for $210,000 in six months when our lease option came due and life would be peachy. We would cater to budget minded folks with a simple menu that began with breakfast at 6 am and ended with late night dinners at midnight. Our projections showed (or guessed) we could serve 200 people a day and be rich by the end of the first year. Life doesn't get better than this, we joked, as we consumed mass Scotch quantities. Then reality started to ruin our dream....