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Restaurant in Major Mall by Waikoloa Hotels near Kona

Waikoloa, HI (Hawaii County)

Restaurant in Major Mall by Waikoloa Hotels near Kona
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Asking Price: $550,000

Cash Flow: $200,000

Gross Revenue: $2,000,000


FF&E: $100,000

Inventory: $20,000

Rent: $12,316 /Month

Established: 2015

Restaurant in Major Mall by Waikoloa Hotels near Kona

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Business Description

Attractive open air 85 seat Restaurant under roof with expansion on Terrace for another 35 seats. Has fully equipped kitchen including additional items for its major specialties. Excellent expansion possibilities for presently limited dinner service, Has full liquor license but doesn't promote that business. Prefer sending you Seller's NDA; when we receive it back from you. will send P & L's for last several years as well as other information; before requesting your proof of funds for all remaining information. It is well located in one of the 3 large malls by hotel area in Wailoloa along the Kona Coast. Attractive set up providing excellent service. Business should qualify for EB-5 immigrant investment program since there are 20 full time employees in addition to about the same number of part timers.
Lease has a 10 ten year option which will end in 2035, if excercised.

Detailed Information

Waikoloa, HI
Included in asking price
Real Estate:
Building SF:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
The business was built from scratch, completed in 2015. To duplicate now what was done then would cost in the $1,000,000 to $1,500,000 range. Lease expires on 12/31/25 with a 10 year option available.
Growth & Expansion:
Dinner could be promoted as could Happy Hour at the bar. Full liquor license is not emphasized at all.
Support & Training:
All necessary assistance , depending on experience of Buyer .
Reason for Selling:
Other investments taking more time.
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Contact the Seller

(from currently available funds)
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Harold Meltzer

Business Listed By:
Harold Meltzer

Real Estate Consultants of Kona

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