Maui, Hawaii – Popular Restaurant with Liquor Lic

Not Disclosed, HI
Maui County

Low cost and lots of customers

Asking Price: Annual Revenue:
$895,000 $1,253,000

Food & Beverage: Restaurants, Fast Food, Deli

Request More Information
Contact the Seller

RE: Maui, Hawaii – Popular Restaurant with Liquor Lic Broker: Thomas Caltrider

Quick Facts

Asking Price: $895,000
Annual Revenue: $1,253,000
Net Profit: Not Disclosed
Cash Flow: $397,000
Total Debt: Not Disclosed
FF&E: $187,300
Real Estate: Not Disclosed
Year Established: 2004
Employees: 20
BBN Listing #: 625252757
Broker Reference #: Hi Rest

Email or Print Listing

Request More Information
Contact the Seller

Business Overview:

This very profitable restaurant (with a full liquor license) is located in one of Maui’s most popular tourists’ locales and has great foot traffic. Their casual menu is enjoyed by visitors and residents alike. Their customer mix is about 75% visitors and 25% residents, so they are less dependent on the tourist market.

They have been in business for almost 20 years and their friendly, easy-going atmosphere appeals to people of all ages and all backgrounds. They have developed a strong visitor and resident customer recognition and preference. Current service includes lunch, happy hour and dinner each day. Their prices are moderate, with entree prices in the $17 to $25 range. In 2021, 23% of sales were alcohol.

During the last full pre-Covid year of 2019, they had sales of $1.48 million, which generated over $385,000 of owner’s profits (“SDE”). In the Covid recovery year of 2021, they had sales of $1.25 million, which generated over $397,000 in SDE. They expect that 2022 will be an excellent year.

The business is being sold on a fully turnkey basis and is being offered because of the pending semi-retirement of the owner.

• Good historical sales growth and a highly profitable business
• Great location with very high foot traffic which greatly benefits the Business
• Gross profit margins around 70%.
• Busy year round with both visitors and residents
• Appealing and easy to prepare menu
• Full Maui County liquor license
• Clean books and records, with their tax returns prepared by a CPA.
• Long tenured, excellent reputation and preference among both visitors and residents
• Great 3rd party reviews (e.g., Yelp, TripAdvisor, etc.) from visitors
• May qualify a foreign buyer to use the purchase of this business to obtain a US Visa.
• Excellent return on Buyer’s capital.
• Pre-qualified for an SBA 7(a) loan, with 15% down payment, 10-year loan term.

To receive a detailed 60 page + Confidential Business Profile, with tax return-based financials, please contact HBS for an NDA.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Status: Leased Rent: $8,900/month; $106,800/year; $5.14 per sq. ft. per month Square Feet: 1,732 Lease Expiration Date: 7/31/2025 Facilities: Beautifully decorated with full kitchen Excellent relationship with landlord.

Market Competition and Expansion:

COMPETITION • There is competition but they do very well. BUSINESS PROS & CONS • Great, low-cost location; rent about 8% of revenue • Lots of walk by customer traffic • Located in one of the island’s top visitor locales. EXPANSION OPPORTUNITIES • Add breakfast • Increase partnerships with tour companies

Reason for Selling:


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.

Relevant Links:

Request More Information
Contact the Seller is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!