Business For Sale

Italian Restaurant

Kailua, HI
Honolulu County

Kailua Oahau Hawaii

Asking Price: Annual Revenue:
$150,000 $475,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Italian Restaurant Broker: Thomas Michael Lutes

Quick Facts

Asking Price: $150,000
Annual Revenue: $475,000
Net Profit: $98,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $115,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 12
BBN Listing #: 332957006
Broker Reference #: Not Disclosed

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Business Overview:

Opportunity to own a top 5 rated Italian restaurant a few blocks from world famous Lanikai Beach. Owner was doing $60,000 + per month and lost his liquor license in July of last year. Not related to the restaurant but from a tax dispute. Now doing $30,000 to $35,000 per month. You can have a new license for $5,300.
This is a seven year old business with an excellent reputation and many awards for dining. The area is surrounded by million dollar condos and multi million dollar homes. Approximately 60% of the visitors are locals and 40% tourists.
This is priced to move quickly. Will not last!

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Property Features and Assets:

1,104 square foot restaurant in busy strip mall.

Market Competition and Expansion:

Other restaurants in the area.

Reason for Selling:

Conflicting business.

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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