Hawaiian Food Restaurant

Not Disclosed, WA
King County

Asking Price: Annual Revenue:
$350,000 $719,388

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Hawaiian Food Restaurant Broker: Claudia Smith

Quick Facts

Asking Price: $350,000
Annual Revenue: $719,388
Net Profit: Not Disclosed
Cash Flow: $236,737
Total Debt: Not Disclosed
FF&E: $6,000
Real Estate: Not Disclosed
Year Established: 2002
Employees: 6
BBN Listing #: 56254955
Broker Reference #: 8002-15320

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Business Overview:

Nestled within the walls of a popular destination grocery, this restaurant offers traditional Hawaiian Island-inspired food. Focusing on great tasting quality food and outstanding customer service this fast-casual style restaurant sets itself apart from the competition. Smartly positioned in a high foot traffic location, marketing and promotion are minimal. The family style seating is plentiful in front of the restaurant as a convenience for patrons. They can quickly order, eat and shop or grab’n’go for the many nearby downtown Seattle events.
Purchased in 2016 the owner has spent time honing the services of the restaurant and developing a dedicated, outstanding staff. The owner is able to maintain a 15 hour work week for the restaurant due to streamlined management and efficient systems that are in place.

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Property Features and Assets:

The restaurant provides a delicious menu of Hawaiian influenced and Asian style food for those seeking a cross-cultural experience. Keeping it simple with a dozen entrees and combo plates allows for focused effort to provide the highest quality, primo tasting food. Delivery orders are a growing section of the business with service through gubhub.com, doordash.com, seamless.com and postmates.com. Assets= $8,500

Market Competition and Expansion:

Seattle had 2,696 restaurants as of the first quarter of 2017. This is up 25% from a decade ago. With is complimented by Seattle restaurants annual sales being up 45% over the decade before with a total gross sales of $2.9 billion as of 2016. As the population and the median household income keeps growing in the region restaurants are continuing to grow in numbers and gross sales. The restaurant does not have any like cuisine competition in their location. They are the only Hawaiian inspired food restaurant in the area. In addition, their fast, tasty, customer-friendly food delivery service gives them the edge over the other outlets. With a captive audience, there is little outside marketing required. This is a niche within the food industry allowing for greater profit and lower overhead costs. Growth areas potential would be to take advantage of various food delivery app's marketing options to increase it's visibility and demand for delivery orders and partnering with the location in promotions and community activities.

Reason for Selling:

Spend time with family.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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