Restaurant in Waikoloa by Hotels on Kona Coast

Waikoloa, HI
Hawaii County

Major Mall by Hotels

Asking Price: Annual Revenue:
$550,000 $2,000,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Restaurant in Waikoloa by Hotels on Kona Coast Broker: Harold Meltzer Principal Broker
License #: RB-13075

Quick Facts

Asking Price: $550,000
Annual Revenue: $2,000,000
Net Profit: $200,000
Cash Flow: $200,000
Total Debt: Not Disclosed
FF&E: $120,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 40
BBN Listing #: 805943630
Broker Reference #: 072119

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Business Overview:

Established Restaurant in Major Mall near Hotels in Waikoloa on the Kona Coast. Upscale neighborhood. Spacious 2,500 square feet open air seating for 85 under roof with expansion on the terrace for 35 additional chairs. Gross in the $2,000,000 range with projected net about $200,000. Twenty full time employees and about the same part time. Should qualify for EB-5 immigrant investment, Has fully equipped kitchen with unusual items for their specialties. Clean, well configured eating area with a prompt, friendly staff.

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Property Features and Assets:

Minimum Lease rent is $12,316 per month. Lease expires 12/31/2025, with a 10 year option until 12/31/2035. Prompt, friendly service at reasonable prices.

Market Competition and Expansion:

Many restaurants in the Mall drawing quite a few patrons from nearby large hotels and condo rentals.Additional income available for emphasizing Dinner specialties, which are offered but not promoted well. There is a full liquor license which does not advertise its Happy Hour or in any way promote alcoholic Beverages even at the attractive Bar. All inexpensive opportunities to significantly increase the gross.

Reason for Selling:

Other business interests.

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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