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Established Fast Food Restaurant In Hawaii For Sale

Hawaii
Asking Price:
$500K - $1M (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,483,000 (USD)
Cash Flow:
$228,000 (USD)

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 almost $1.5 million and owner’s cash flow is over $228,000, 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.

For more information, including a very detailed Confidential Business Profile, please contact Tom.

Property information

Real Estate:

Lease

Lease Terms:

Current lease expires in 2012 and is assignable to a credit worthy tenant.

Leasehold Rent:

$99,420 (USD) per annum

Location:

Prime high traffic location close to many resident and tourist customers.

Premises Details:

Beautiful build-out
Long term lease, expires 2022

Size in square feet:
2,234
Planning Consent:

None needed. Adding a liquor license should be relatively easy since other neighboring business have them.

Business Operation

Expansion Potential:

Yes, in both the restaurant and the associated catering business.

A liquor license could be added.

Hours could be lengthened

Competition / Market:

Modest

Reasons for selling:

Family medical issues

Trading hours:

7 days per week

Employees:
15
Years established:
16

Other Information

Support & training:

2 weeks.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Yes! Seller is extremely confident in the business.
$200,000 over 2 years at 6% APR; est. monthly payments of $8,864.12.

Furniture / Fixtures value:
$780,000 (USD) - included in the asking price
Inventory / Stock value:
$15,000 (USD) - included in the asking price
Related Documents:

Contact Broker

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