Craft Beer Pub in Hawaii
One of the newest and most popular craft beer pubs in Hawaii is offered for sale.
Customers experience the best in quality American craft beer at this beer pub in Hawaii with signature Hawaiian hospitality. Located near one of Hawaii’s busiest tourist locations, it is the go-to place for both residents and visitors to Hawaii to sit back, relax, and enjoy hand-crafted beer, other beverages and great food made to perfection in an attractive and friendly atmosphere. Parking is available.
They offer over 80 craft beers on tap, plus 20 taps of draught wine, ciders, coffee and other hand-crafted beverages. They also have delicious cuisine and provide live entertainment two nights per week.
They have invested over $470,000 in building and equipping this efficient and beautiful pub.
Key attributes of this business include:
High Growth.Craft beer is one of the fastest growing major beer categories in the USA; while total beer consumption in 2017 declined 1.2% (volume), craft beer sales grew 5% by volume and 8% by dollar amount and craft beer accounts for over 12.7% (volume) or 23.3% (dollar amount) of the total US beer market with total 2017 market sales of over $26 billion; up 8% in 2017.
Craft beer prices average 83% higher than the average of all beers.
Great location, conveniently close to hundreds of thousands of residents and visitors
Established and growing customer base
Favorable reviews on Yelp, Google, Trip Advisor, etc.
High quality beverages and food
Great support from the Franchisor and good relationship with landlord.
Opportunity to significantly grow the business
A buyer who has the financial capability to invest in marketing should be able to take this business to a much higher level. The Business is being offered on a total turnkey basis.
Listing ID: HI Craft Beer
Type of Entity: Corporation
Year Established: 2016
Business Type: Craft Beer Pub with Food and Entertainment
Asking Price: $400,000
Inventory included in the Price: $20,000
Tangible Assets (F,F&E): $500,000
Non-Compete: Three (3) years within a five (5) mile radius
Training: Two (2) weeks
Seller Financing: No
Sale Reason: Time for a change
Territory: One of Hawaii’s Islands
Ten-year initial term from 3/2/2015
Two 10-year renewal periods
$35,000 Franchise Fee
Franchise Royalty fee: greater of 6% of sales or $150 per week
Weekly Marketing Obligation of 3% of sales paid to Franchisor (Brand Fund) and 2% of sales for local marketing.
Technology Fee: $50 per week
All Franchise documents available for buyer review
Transfer requires Franchisor approval of Buyer
Sq. Ft.: 3,205
Monthly Rent: $12,756 plus $4,231 CAM; $5.30/sq. ft. $203,844 per year
Lease Expiration Date: 7/31/2020
Two 5-year renewal options
17 full and part time
Limited direct competition
Investment in marketing and advertising should add significant revenues and profits. Current operation could easily handle 50%+ more revenue.
Sunday 11 am – 10 PM.
Mon. – Thurs. Noon – 10 PM.
Fri. Noon – Midnight.
Saturday 11 am – Midnight.
For all business details including tax return-based financials please contact us for a 50+ page Confidential Business Profile.