Return to search results

Honolulu Restaurant & Bar – Well Established Earner!

Honolulu, HI (Honolulu County)

General image
Contact Seller

Asking Price: $1,795,000

Cash Flow: $922,619

Gross Revenue: $5,204,036

EBITDA: $922,619

FF&E: $50,000

Inventory: $25,000*

Rent: $51,745 /Month

Established: 2007

*not included in asking price.

Honolulu Restaurant & Bar – Well Established Earner!

Save Print Share Valuation Report

Business Description

Established Earner

This Honolulu Hawaii restaurant and bar is an established earner as it has become a go-to favorite for island visitors as well as locals. Due to the spacious venue’s unique high traffic location, it enjoys remarkable street exposure with heavy foot traffic.

Detailed Information

Location:
Honolulu, HI
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
5,402
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This 5,400 square foot facility leases for $37,125 per month plus $14,620 in common area maintenance expenses (CAM) on a lease through 2019, with two 5 year options. All of the business’s furniture, fixture, equipment, liquor license and goodwill will be included in the sale. Approximately $25,000 in inventory will be sold at cost at close
Competition:
As Honolulu has strong competition due to is tourist and convention goer traffic dining and entertainment options are plentiful. This establishment has carved out a market niche with its concept and atmosphere, which does not espouse a tourist driven ambiance. Rather it serves the quality food that its patrons enjoy in a convivial and casual atmosphere that can accommodate those coming off of the beach, returning from a convention or joining colleagues for happy hour after work.
Growth & Expansion:
New management will likely wish to maintain the status quo at the venue as the semi-absentee formula works and loyal patrons return time and again whether they are local, annual or less frequent visitors. They could also grow the business in several ways, with catering and delivery being the low hanging fruit. The location could also host public events such as themed evenings or festivities or host private events. Since this has become a known name with tremendous local goodwill, this could also serve as the flagship location for a small local chain with small or large hotel, tourist zone or locally based outlets elsewhere on Oahu or throughout the island chain.
Reason for Selling:
Personal
Contact Seller

Contact the Seller

Contact Seller Loading

Michael Wildeveld, CBB, CBI, CM&AP, M&AMI, CEPA

Business Listed By:
Ryan Clark

The Veld Group

Show Phone Number

View My Listings

Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1575252 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Sculpture Hospitality

Franchise Opportunity
Capital Required: $39,900