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Bar and grill for sale

Haleiwa, HI (Honolulu County)

Bar and grill for sale
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Asking Price: $150,000

Cash Flow: $240,000

Gross Revenue: $600,000

EBITDA: $300,000

FF&E: $75,000

Inventory: $10,000*

Rent: $2.50 /Month

Established: 2018

*not included in asking price.

Bar and grill for sale

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Business Description

Located in the heart of Haleiwa. 1500 Square foot bar and grill and a 500 square foot kitchen. Newly finished bar, and new furniture for dining and bar area. Area includes shuffleboard. Also includes a 500 square feet outdoor dining area with picnic tables. Business includes sale of all furniture, kitchen appliances and newly installed Air Conditioning. Seller will also oversee transfer of liquor license to buyer. License will include options of dancing, live music and Karaoke. This is a complete Turn Key sale!

Detailed Information

Location:
Haleiwa, HI
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
7/1/2024
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Grill, Flat top, commercial smoker, refrigeration, beer taps, restaurant furniture, outdoor patio, new central AC, new split AC, dishwashing machine, dishwashing station, office, storage area, liquor license transfer
Competition:
Competing against 40 restaurants, to include food trucks. Competing against 8 other establishments with liquor licenses. Competing against one other bar from 10-12am. No competition against bars closing after 12am. No other bar currently has a dance license.
Growth & Expansion:
Potential for revenue growth is huge with the right buyer!
Support & Training:
Owner will remain on board for as long as necessary to support transfer. Training will consist of the POS system, cooking with current menu, and bartending with current menu
Reason for Selling:
Returning to Military service
Business Website:
http://kawailoatavern.com
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Business Listed By:
jason paz

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