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Maui, Hawaii – Popular Restaurant
Location: United States -> Hawaii
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

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.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,253,000
Cash Flow:   $397,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $192,300
Seller Financing:  No

About The Business

Year Established:  2004
Number of Employees:  20 - 34
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  2 weeks
Reason For Selling:  semi-retirment




Print Listing Id: 700374986
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Hawaii Businesses For Sale > Hawaii Franchises For Sale > Hawaii Business Brokers



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