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West Maui, Hi Caf�, Bar & Entertainment
Location: United States -> Hawaii -> Maui County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

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 sq. ft 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%.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $2,676,000
Cash Flow:   $596,800
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $341,000
Seller Financing:  No

About The Business

Year Established:  2002
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:  Retirement




Print Listing Id: 700376071


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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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