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Hawaii Business Sales

Profitable West Maui, HI Café, Bar & Entertainment For Sale

West Maui, Hawaii, US
Asking Price:
$1,300,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,676,000 (USD)
Cash Flow:
$596,800 (USD)

The owner’s retirement is your opportunity to buy this fast growing and very profitable restaurant. Annual sales are over $2.5 million. Located in West Maui, Hawaii, this restaurant is a favorite place for both residents and visitors to Maui to enjoy great food (breakfast, lunch, and dinner), drinks and live music. They have 3,360 sq. ft of leased space in a high traffic and popular shopping center with lots of free parking (a big plus in Hawaii).

Investment highlights

• In business for over 20 years
• Very Profitable and a great track record of sales growth
• Clean books and records. Tax returns prepared by their CPA.
• Well-known and preferred Brand Name in their market
• Very popular with both Maui residents and visitors to the West Side of Maui (Lahaina).
• They are favorably reviewed by the influential “Maui Revealed Guide” book and in TripAdvisor
• The West side of Maui is one of Maui’s top visitor venues and is a fast-growing part of Maui’s population with lots of new condo and hotel construction.
• Excellent financial performance both during and after Covid
• Full transferable Maui County liquor license.
• Diamond Financial has pre-approved the business for a qualified buyer to obtain an SBA 7(a), loan: $294,000 down payment, includes working capital, 10 year loan term, and current variable interest rate of 6.25%.

Property Information

Real Estate:

Lease

Lease Terms:

Lease expiration 1/31/2025

Leasehold Rent:

$178,452 per annum

Location:

Close to lots of loyal customers

Premises Details:

Status: Leased
Monthly Rent: $14,871 plus GET + CAM; $178,452 per year; and $4.43 per sq. ft./month)
Sq. Ft.: 3,360
Lease Expiration Date:1/31/2025
Beautifully decorated, room for over 100 customers and lots of free parking

Size in square feet:
3,360
Planning Consent:

Maui County Hawaii liquor license required

Business Operation

Expansion Potential:

• They have developed an excellent brand awareness and preference with both Maui residents and visitors.
• Significant sales growth
• High profit margins
• Excellent relationship with landlord

Competition / Market:

Modest local competition

Reasons for selling:

Retirement

Trading hours:

Seven days per weeks, 6 am to 10 pm

Employees:
21
Years established:
20

Other Information

Support & training:

2 weeks

Furniture / Fixtures value:
$316,000 (USD) - included in the asking price
Inventory / Stock value:
$25,000 (USD) - included in the asking price
Related Documents:

Contact Hawaii Business Sales

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