Very Profitable West Maui, HI Café, Bar & Entertainment
Pre-qualified for an SBA 7(a) Loan
Excellent Sales Growth


EXECUTIVE SUMMARY
The owner’s retirement is your opportunity to buy this fast growing and very profitable restaurant. Annual sales are over $2.5 million. Located in West Maui, Hawaii, this restaurant is a favorite place for both residents and visitors to Maui to enjoy great food (breakfast, lunch, and dinner), drinks and live music. They have 3,360 sq. ft of leased space in a high traffic and popular shopping center with lots of free parking (a big plus in Hawaii).
INVESTMENT HIGHLIGHTS
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In business for over 20 years
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Very Profitable and a great track record of sales growth
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Clean books and records.Tax returns prepared by their CPA.
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Well-known and preferred Brand Name in their market
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Very popular with both Maui residents and visitors to the West Side of Maui (Lahaina).
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They are favorably reviewed by the influential “Maui Revealed Guide” book and in TripAdvisor
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The West side of Maui is one of Maui’s top visitor venues and is a fast-growing part of Maui’s population with lots of new condo and hotel construction.
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Excellent financial performance both during and after Covid
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Full transferable Maui County liquor license.
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Diamond Financial has pre-approved the business for a qualified buyer to obtain an SBA 7(a), loan: $294,000 down payment, includes working capital, 10 year loan term, and current variable interest rate of 6.25%.
COMPANY
Listing ID: Maui Cafe
Location: West Maui, Hawaii
Type of Entity: Corporation
Years Established: over 20 years
Industry or Business Category: Casual dining, with alcohol and entertainment
FINANCIAL SUMMARY
Year 2021 Source: QuickBooks
Revenue: $2,676,000
SDE: $596,800
OFFERING SUMMARY
Asking Price: $1,300,000
Inventory included in the Price: $25,000
Tangible Assets (F,F&E): $316,000
Non-Compete: 5 years
Training: 2 weeks
Sale Reason: Retirement
LOCATION DETAILS
Status: Leased
Monthly Rent: $14,871 plus GET + CAM; $178,452 per year; and $4.43 per sq. ft./month)
Sq. Ft.: 3,360
Lease Expiration Date:1/31/2025
Beautifully decorated, room for over 100 customers and lots of free parking
PRODUCT MIX
Food and other: 81%
Alcohol: 19%
CUSTOMERS
60% visitors / 40% Maui residents, less dependent on the visitor market than many Maui restaurants
EMPLOYEES: 21, excluding owner
COMPETITION & Pros and Cons of Business
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Average levels of competition.
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They have developed an excellent brand awareness and preference with both Maui residents and visitors.
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Significant sales growth
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High profit margins
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Excellent relationship with landlord
TRADING DAYS/HOURS
Seven days per weeks, 6 am to 10 pm
LICENSING REQUIREMENTS
They have a Maui County liquor license which is transferable to a qualified buyer.
This business is being offered for sale on a fully turnkey basis, including the owner providing post-closing training of the buyer and a five year non-compete agreement in Maui.
To receive a detailed Confidential Business Profile, with tax return-based financials, please contact Hawaii Business Sales.