Very Profitable West Maui, HI Café, Bar & Entertai

Not Disclosed, HI
Maui County

Close to lots of Customers


Asking Price: Annual Revenue:
$1,300,000 $2,676,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: Very Profitable West Maui, HI Café, Bar & Entertai Broker: Thomas Caltrider

Quick Facts

Asking Price: $1,300,000
Annual Revenue: $2,676,000
Net Profit: Not Disclosed
Cash Flow: $596,800
Total Debt: Not Disclosed
FF&E: $316,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 21
BBN Listing #: 869352757
Broker Reference #: West Maui Rest

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Business Overview:

The owner’s retirement is your opportunity to buy this fast growing and very profitable restaurant. Annual sales are over $2.5 million. Located in West Maui, Hawaii, this restaurant is a favorite place for both residents and visitors to Maui to enjoy great food (breakfast, lunch, and dinner), drinks and live music. They have 3,360 square feet of leased space in a high traffic and popular shopping center with lots of free parking (a big plus in Hawaii).

INVESTMENT HIGHLIGHTS

• In business for over 20 years
• Very Profitable and a great track record of sales growth
• Clean books and records. Tax returns prepared by their CPA.
• Well-known and preferred Brand Name in their market
• Very popular with both Maui residents and visitors to the West Side of Maui (Lahaina).
• They are favorably reviewed by the influential “Maui Revealed Guide” book and in TripAdvisor
• The West side of Maui is one of Maui’s top visitor venues and is a fast-growing part of Maui’s population with lots of new condo and hotel construction.
• Excellent financial performance both during and after Covid
• Full transferable Maui County liquor license.
• Diamond Financial has pre-approved the business for a qualified buyer to obtain an SBA 7(a), loan: $294,000 down payment, includes working capital, 10 year loan term, and current variable interest rate of 6.25%.

This business is being offered for sale on a fully turnkey basis, including the owner providing post-closing training of the buyer and a five year non-compete agreement in Maui.

To receive a detailed Confidential Business Profile, with tax return-based financials, please contact Hawaii Business Sales.

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Property Features and Assets:

Status: Leased Monthly Rent: $14,871 plus GET + CAM; $178,452 per year; and $4.43 per square feet/month) Square Feet: 3,360 Lease Expiration Date:1/31/2025 Beautifully decorated, room for over 100 customers and lots of free parking.

Market Competition and Expansion:

COMPETITION & Pros and Cons of Business • Average levels of competition. • They have developed an excellent brand awareness and preference with both Maui residents and visitors. • Significant sales growth • High profit margins • Excellent relationship with landlord

Reason for Selling:

Retirement

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.

Documents:

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