Asking Price:

$310,000

Gross Income:

$330,000

Cash Flow:

$85,000

EBITDA:

$85,000

FF&E:

$60,000.00 *

Inventory:

$5,000.00 **

Real Estate:

$189,000.00 *

Year Established:

1980

Employees:

6

Business Types:

Bars/Taverns
Other Eating & Drinking Places

** not included in the asking price

* included in the asking price

Business Description

Popular Neighborhood bar in the heart of Waikiki. Great clientele mix of local residents and tourists who return year after year. The bar consists of two owned comercial condo units with 23 years left on very low land lease.
Full bar and small kitchen serving hoagies and pupus (appetizers).
Also featuring darts and nightly Karaoke. Owner must move to the mainland for family reasons or I'd never leave. See my website www.honolulutavern.com for more info & pictures, also check us on yelp.com. very highly rated. Serious buyers only please. I am a serious seller looking for a serious buyer only . Please email me with more than just "send more info". If you are phishing don't bother. Aloha

Detailed Information

Facilities:

Full Bar, small kithcen with sandwich table & Perfect Fry deep fryer, two 3 keg beer coolers, bottle beer cooler, tables, chairs, barstools,TVs, Karaoke system, Ice machine. 1300 sq ft. units. operating website and more.

Competition:

Original bar has been there for 50 years +. Current biz operating since 1980. Great local clientele and tourist trade year round. Biz continues to grow every year while others in the area come and go.

Growth/Expansion:

I expanded from the original bar to triple the size 6 years ago. Website sales could be increased.

Support/Training:

I will train the buyer in all aspects of the business

Reason Selling:

Family obligations