Maui, HI Exciting & Profitable Restaurant & Lounge
This business has Location, Location and Location.
They are in the heart of one of Hawaii’s most vibrant restaurant and entertainment areas. Their customer mix is about 50/50 tourists/residents. Over the last 15 years they have developed a great brand name recognition and preference in the casual dining and entertainment scene. They are open 7 days a week to serve lunch, dinner and pupus and provide some of the most popular entertainment on the island. They are consistently rated one of the top entertainment and dining spots by the web’s rating services.
Revenue continues to build and in 2016 it hit almost $2 million, up 17.4% over 2014, and generated over $364,000 of owner’s cash flow (SDE). The owners plan to move away from Hawaii to be near family and the business is being offered on a totally turnkey basis. The owners will provide training and orientation to the buyer to get him/her off to a great start.
The reasons to buy this business include:
Great location - in the center of the most popular and highly trafficked area in Hawaii
Great lease; excellent relationship with landlord
Large and loyal local customers and have a big repeat tourist following
Small enough to manage and big enough to make great money
Excellent long-term revenue and profit growth
High performing team of cooks, bartenders and servers
Significant financial investment in facility over the last 2 years.
Hawaii economy and tourist market are very robust
Contact us for a NDA so we can send you our very detailed Confidential Business Profile.
This is a great way to be your own boss and live the great life in Hawaii!
Location: Hawaii (Island Confidential)
Year Established: 2002
Asking Price: $900,000
Included Inventory: $10,000
Tangible Assets: $122,000
Training: 2 weeks
Sale Reason: New adventures outside of Hawaii
REAL ESTATE/LEASE DETAILS
Monthly Rent: $11,762 total
Sq. Ft.: 1,900
Other: 4+ years remaining, option to renew