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#5862
Hawaii Restaurants For Sale

Two Famous Landmark Hawaiian Restaurants - Over $10 Million In Revenue

$2,700,000
Two Famous Landmark Hawaiian Restaurants - Over $10 Million In Revenue
This Listing is Expired

Two of the most famous, landmark restaurants in Maui. Voted Top 100 Outdoor Dining Restaurants in America and over 50 other awards, including winner of Diners Choice 2020 & Top Restaurant in Maui. One restaurant is famously located on the Golf Course overlooking the Hawaii coastline not only handles the world-renowned restaurant but the golf cart food orders, 100's of coastal weddings and thousands of catering events and the other location so well known it shows up as a landmark on most Maui maps. Both restaurants are currently closed due to Covid and would easily be valued at over $5 million, however, given the circumstances, seller is only asking for $1 million down and is willing to structure the rest as an earn-out. Seller is also willing to stay on as a consultant (for up to 3 years) during the earn-out period to ensure financial benchmarks are achieved and the transition goes smoothly. For more information including a detailed confidential opportunity summary with financial information and photos, please email listing agent.  Listing #101-20214

This is a Trent Lee, LLC listing.
Trent Lee DRE License #S.0183611

Lease

Region:
Hawaii Restaurants For Sale
Lease Term:
Lease has one 5 year lease options.
Total Monthly Rent:
$61,991
Security Deposit:
$25,000

Financials

Last Year's Annual Gross:
$11,631,379

Operations

Liquor License:
Liquor License
# of Full-Time Employees:
80
# of Part-Time Employees:
40
Year Established:
1988

Facilities

Inside Sq. Ft.:
27,000

Highlights

  • Two Famous Landmark Hawaiian Restaurants
  • Over $10 Million In Revenue With Earn Out Structure
  • Voted Top 100 Outdoor Dinning Restaurants in America
  • Winner of Diners Choice 2020 & Top Restaurant in Maui
  • Located on a Golf Course

Financing

Down Payment:
$1,000,000
Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 3-mi. 5-mi
2014 Total Population 15,403 22,693
Households 3-mi. 5-mi
2010 Number Of Households 6,272 10,224
2010 Persons Per Household 2.78 2.71
Median House Value $585,000 $631,772
Income Per Household $71,069 $66,095
Businesses 3-mi. 5-mi
2009 Number Of Businesses 266 450
2012 Number Of Employees 4,164 5,480
2012 Total Annual Payroll $61,513,000 $83,572,000

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.


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