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Long established, profitable upscale fast food Hawaii restaurant

Listing ID:  Rest321

Island:  Not disclosed

 

This long tenured, very profitable, well known and highly regarded upscale fast food restaurant in one of Hawaii’s most productive locations is for sale. 

 

The business consists of a single restaurant location and an associated catering operation.  Annual sales are over $1.5 million and owner’s cash flow is over $250,000, enough to live the good life in Hawaii.  It is being sold on a totally turnkey basis, with 7+ years left on the favorable lease. 

 

The investment highlights of this business include:

  • Strong, well-recognized and preferred consumer brand for over 10 years in the Hawaii market for both residents and tourists.

  • Major player in the upscale fast food segment, one of the fastest growing segments of the food service industry.

  • Hawaii is a top destination spot for tourists from all over the world.

  • Located in one of Hawaii’s most popular tourist areas and close to the major hotels and resorts.

  • Many repeat customers, both locals and tourists who visit several times during their Hawaii visit.

  • They have excellent connections with many Hawaii wedding and event planners who use them to cater weddings and events in hotels, resorts, private estates and on the beach.

  • They leverage their restaurant capital investment, county licensed commercial kitchen and commissary license and restaurant employees by increasing sales with their catering and event management business.

  • Excellent growth potential

 

Offered fully turnkey and the owner will provide significant training to a new owner to ensure a smooth transition.

 

Reason for Sale:          Family health issues

Asking Price:                $895,000

Down Payment:           $750,000

Annual Revenue          $1,500,000

SDE:                               $257,000

Inventory Value:         $15,000

FF&E:                             $780,000

Monthly Lease:            $8,285       

Lease Term:                 2022

Square Feet:                 2,234

Non-Compete:             2 years

Training:                        2 weeks

Seller Financing:         $145,000 over 2 years at 6% APR; est. monthly payments of $6,426.49.