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Restaurant and Bar with Live Music

Kailua-Kona, Hawaii (Hawaii County)

Retail - Restaurants | Retail - Bars/Taverns

Asking Price $750,000 Inventory $8,000* 
Gross Income $2,000,000 avg Real Estate None** 
Cash Flow Not Disclosed Year Established 1998
FF&E List to be provided* Employees 22

* included in the asking price

** not included in the asking price

Open air restaurant with fresh, tasty food at affordable prices while enjoying the sea breezes coming off the Kona Bay. It becomes a happening nite club scene in the evening, and is popular with locals and tourists. It is located on the "happening" end of Alii drive .

Facilities: Restaurant/Bar on Alii Drive facing Kailua-Kona Bay. Newly renovated. Great food and great drinks. Live music on weekends and on weeknites. Really hot location with lots of parking. New 10 year lease with 2 five-year options - 8% of gross. or minimum sliding scale. There is seating for 125. Square footage inside is 1,600 sq. ft., and lanai has approx. 1,400 sq. ft. Hours of operation are 7:00 A.M. to 11:00 P.M.

Competition: The restaurant is popular with locals and tourists, has great food. It becomes a happening nite spot in the evening. It is in a prime location for music lovers, with great views of the Bay.

Growth/Expansion: The owner has lots of ideas for increasing revenues. Hours can be extended to 1:30 A.M. with good increase in liquor sales.

Financing: N/a

Support/Training: Owner will give 30 days of hands-on traiining, and will be available on a consultation basis.

Reason Selling: Owner is ready to retire and go fishing.

Business For Sale By

Harold Meltzer

877-329-6871

Real Estate Consultants of Kona

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