Maui, HI – Master Chef: Restaurant & Catering

Not Disclosed, HI
Maui County

Hot Tourist Area

Asking Price: Annual Revenue:
$750,000 $1,382,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Maui, HI – Master Chef: Restaurant & Catering Broker: Tom Caltrider
Owner Financing is Available!
$100,000, 24 months, 6%

Quick Facts

Asking Price: $750,000
Annual Revenue: $1,382,000
Net Profit: Not Disclosed
Cash Flow: $221,481
Total Debt: Not Disclosed
FF&E: $780,000
Real Estate: CO
Year Established: 2003
Employees: 12
BBN Listing #: 728452757
Broker Reference #: Master Chef

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Business Overview:

This long tenured (17+ years), profitable, well known and highly regarded restaurant and catering operation, located in one of Maui, Hawaii’s most productive areas, is for sale.

The business consists of a single restaurant location, with both inside and outside dining, and an associated catering and events planning operation. Annual sales were almost $1.4 million, and owner’s profit was over $221,000 in 2018, enough to live the good life in Maui. It is being sold on a totally turnkey basis, with 3+ years left on a favorable lease.

The investment highlights of this business include:
• Strong, well-recognized and preferred consumer brand for over 16 years in the Maui, Hawaii market.
• Many repeat customers, both residents and tourists who visit several times during their Hawaii visit.
• Major player in the upscale fast food segment, one of the fastest growing segments of the food service industry.
• Maui, Hawaii is a top destination spot for tourists from all over the world.
• Located in Maui’s most popular and visited tourist areas and close to major hotels and resorts.
• They have excellent connections with many Hawaii wedding and event planners who use them to cater weddings and events in hotels, resorts, private estates and on the beach.
• They leverage their restaurant capital investment, county licensed commercial kitchen and restaurant employees by increasing sales with their catering, wedding and other event management business.
• Excellent growth potential

Offered fully turnkey and the owner will provide significant training to a new owner to ensure a smooth transition.

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Property Features and Assets:

Full kitchen and beautifully decorated restaurant with inside and outside dining.

Market Competition and Expansion:

EXPANSION OPPORTUNITIES • Broaden the market by offering new items like grain bowls, acai bowls, vegetarian/vegan items, w/gluten free options. • Extend operating hours by staying open until 9:30 pm (currently close at 8 pm) • Obtain a liquor license from Maui County which should be easy since there are other establishments in the Fairway Shops that have a license. • Hire Sales / Planner / Coordinator to capitalize and increase costumers generated from website and other online sales leads. • Aggressively go after cruise boat daily catering!

Reason for Selling:

Owner health issue.

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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