Listing Details

If you are looking for a business opportunity that makes great economic sense you have found it!  This well known restaurant is located in a very high foot and road traffic spot in a commercial and tourist hub in Maui.  The owners of the restaurant also own the building the restaurant is located in.  They are offering to either: 1) sell the restaurant only for $450,000 and enter into a 5 year renewable lease with the buyer; or 2) sell the restaurant and the building together for $2.15 million.  The building contains both the restaurant and an apartment which could be rented or used by the new owner to live in.  In 2009 total cash flow from the business and building was over $254,800. Other wonderful things about this business: 

• Turn-key operation that runs efficiently without the owner's assistance. All systems, training and manuals are in place for the buyer to have the option of being an absentee-owner.  Current owners take lots of vacation.


• Full liquor license.


• Low staff turn-over; good management.


• Solid customer base. Repeat visits by both residents and tourists are the main core of the business.


• Great reputation and recognition resulting in referrals by hotels and residents and awards.


• The Business weathered the recession well and owner's profits increased 28% in 2009 over 2008 to over $150,500.


• The Hawaii tourist recession is over and the first quarter of 2010 has shown excellent tourist growth.

Now is the time for you to own a very profitable business on the island paradise of Maui and the real estate it occupies.  For more information, contact Tom Caltrider at 808-573-4752.