Kauai Restaurant Facing the Ocean

Kapaa, HI (Kauai County)

Kauai
Contact Seller

Asking Price: $210,000

Cash Flow: N/A

Gross Revenue: $676,000

EBITDA: $130,000

FF&E: $60,000

Inventory: $5,000*

Rent: $6,500 /Month

Established: 2011

*not included in asking price.

Kauai Restaurant Facing the Ocean

Save Print Share Valuation Report

Business Description

Growth Potential: The current owner operates a very successful local family restaurant. The upper level of the building has a 2 bedroom living area that could also be used to expand the current restaurant business. The business is frequently full as it is a casual Hawaii atmosphere and the restaurant faces the ocean and beach. The upper area offers incredible ocean views and the expansion of available tables would also increase revenues. Restaurant does have a liquor license.

Investment. Your investment in this business is quite low risk as the business has an established brand, and a strong advertising base. The business is located on the main road traveling along the island.

Demographic: The demographic of the customer base is extremely high. Local residents, in many cases are celebrities and visitors are generally highly budgeted tourists on Hawaiian vacations.

Management: The business is ideal for an “owner/operator”. But the current owner’s son acts as manager and is willing to commit to a 12 month period to stay on for an absentee owner.

Detailed Information

Location:
Kapaa, HI
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,800
Lease Expiration:
N/A
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Awesome location facing the beach. Lower level is 1600 square feet restaurant and the upper level is a 2 bedroom apartment. Upper could be converted to additional restaurant space as the upper has even better ocean views.
Competition:
limited competition. Sits on main Kuhio Highway that travels the island.
Growth & Expansion:
Expand the restaurant by adding upper level seating. Currently the business has many visitors that want to sit for long periods of time and it limits new food customers.
Support & Training:
Owner will assist in training. Owners son may stay and manage the business for up to 12 months for an absentee owner.
Reason for Selling:
Going into restaurant consulting
Contact Seller

Contact the Seller

Contact Seller Loading

Tom Lutes

Business Listed By:
Tom Lutes

E-Biz Brokerage

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1668857 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


The Dapper Doughnut

Franchise Opportunity
Cash Required: 250000