Italian Restaurant in Paradise!

Kailua, HI (Honolulu County)

Seller Financing Available
Wood Fire Pizza
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Asking Price: $150,000

Cash Flow: $315,000

Gross Revenue: $450,000

EBITDA: N/A

FF&E: $80,000

Inventory: $2,000*

Rent: $5,300 /Month

Established: 2013

*not included in asking price.

Italian Restaurant in Paradise!

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Business Description

If you have ever thought of operating a business two blocks from one of the worlds top ranked beaches in Hawaii, this is the one. This Italian restaurant is rated as one of the top 5 restaurants in all of Hawaii.
Stone baked pizza's and a variety of award winning Italian cuisine. Located within a stone's throw of Lanikai Beach, the restaurant is favored by 60% locals and 40% tourists all year round.
This is a rare opportunity only made av available because of the owner's dispute with the tax authority, causing him to loose his liquor license. License can be reestablished in a month or so for approximately $5,300. Business was doing $45K to 50K per month until the license dispute. Now run rating at $30-35K per month.
Act now, this will not last!

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,100
Lease Expiration:
9/30/2021
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1100 square feet in a busy strip center a few blocks from Lanikai beach
Competition:
Awesome location and very established
Growth & Expansion:
Renew the liquor license and realize an additional 20-25% in revenue
Financing:
Possible small carry
Support & Training:
owner will assist for 2 weeks
Reason for Selling:
Conflicting business interests
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Contact the Seller

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Tom Lutes

Business Listed By:
Tom Lutes

E-Biz Brokerage

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