Two Famous Landmark Hawaiian Restaurants

Kihei, HI
Maui County

Maui, HI

Asking Price: Annual Revenue:
$2,700,000 $11,631,379

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Two Famous Landmark Hawaiian Restaurants Broker: Trent Lee
License #: S.0183611.LLC
Owner Financing is Available!
$1,000,000 down payment, Earn out to be negotiated between buyer and seller.

Quick Facts

Asking Price: $2,700,000
Annual Revenue: $11,631,379
Net Profit: $1,373,678
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $1,448,169
Real Estate: Not Disclosed
Year Established: 1988/2009
Employees: 120
BBN Listing #: 89135142
Broker Reference #: 101-20214

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Business Overview:

Two of the most famous, landmark restaurants in Maui. Voted Top 100 Outdoor Dinning Restaurants in America and over 50 other awards, including winner of Diners Choice 2020 & Top Restaurant in Maui. One restaurant is famously located on the Golf Course overlooking the Hawaii coast line not only handles the world renowned restaurant but the golf cart food orders, 100's of coastal weddings and thousands of catering events and the other location so well known it shows up as a landmark on most Maui maps. Both restaurants are currently closed due to Covid and would easily be valued at over $5 million, however, given the circumstances, seller is only asking for $1 million down and is willing structure the rest as an earn out. Seller is also willing to stay on as consultant (for up to 3 years) during the earn out period to ensure financial benchmarks are achieved and the transition goes smoothly. For more information including a detailed confidential opportunity summary with financial information and photos, please email listing agent. For a quick response to your inquiry, please email listing agent Trent Lee (RE# S.0183611.LLC; Business Broker Permit# BUSB.0006978).

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Property Features and Assets:

Location 1: This is a leased location of 11,000 square feet with a Total Rent of $48,126.75. Lease ends 2025 with a one 5 year lease options. Location 2: This is a leased location of 16,000 square feet with a Total Rent of $13,863.75. Lease ends 2024 with a one 5 year lease options. Seller is active in the businesses with 40 Full Time and 20 Part Time employees at each location. Hours of operation are 11 AM to 9 PM Monday - Sunday at each location. $1,448,169 in FF&E included in Asking Price. $1,357,500 made in Leasehold Improvements. Assets include $353,349 in vehicles.

Reason for Selling:

Seller is retiring but willing to stay on consult.

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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