Retail - Restaurants | Retail - Bars/Taverns

Asking Price	$225,000	Inventory	$20,000**
Gross Income	$480,000	Real Estate
Cash Flow	Not Disclosed	Year Established	2005
FF&E	$100,000*	Employees	18 full & part-

* included in the asking price

** not included in the asking price

This restaurant is located just feet from the sea wall separating it from the ocean. The waves are cresting on the lava rocks below forming a tranquil setting to watch sunsets while dining on beautifully prepared dishes. Also serving a wide variety of wines and tropical drinks along with the standard bar fare. It is open from lunch through dinner. The bar is also open to the pool side, and drinks are served at the pool. Dining is open air, with the lovely sea breezes wafting through with the shade of the overhead roof. The owner has put $150,000 in improvements in the last 2 years. The kitchen is well-equiped and spacious, including 2 walk-in coolers, stoves, confection oven, ice-maker, lots of stainless-steel counter space. Menus are available upon request.

Facilities: The Grill & Bar at Kanaloa is located in a 166 unit, upscale, gated hotel condominium complex. The restaurant is located next to the sea wall overlooking the ocean and is next to the pool area. Square footage is total of 2243 sq. ft. Lease term is 13 years remaining. Present rent is $1,900 per month. No percentage rent or CAM charge. Public has access to all guest uncovered parking stalls (approx. 60). Seating is for 60.

Competition: The restaurant is located in the upscale neighborhood of Keauhoe near a shopping center, and is surrounded with high-end homes and condos and vacation rentals.

Growth/Expansion: Flyers are handed out to guests checking in. A plus for business would be flyers passed out in the surrounding complexes.

Financing: Seller financing. Must be experienced restaurenteer.

Support/Training: Seller will provide 30 days of hands-on training.

Reason Selling: Seller has 2 other high-end restaurants, in Kailua-Kona and on Oahu . ;