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Maui, HI

  • Listing No.: 101-20214

  • Category: Food - Restaurant

Asking Price $2,700,000
Down Payment $1,000,000
Gross Revenue $11,631,379
Total Adjusted Net Income $1,373,678
Equipment / Fixtures $1,448,169
Year Established 1988
General Location Maui, HI
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Two of the most famous, landmark restaurants in Maui. Voted Top 100 Outdoor Dinning 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 coast line 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 structure the rest as an earn out. Seller is also willing to stay on as 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.

Gross Revenue $11,631,379 Listed Price $2,700,000
Total Income $1,373,678 Down Payment $1,000,000
Base Rent $61,991 Square Feet 27000
Total Rent Lease Expiration
Rent Deposit $25,000 Lease Options 1 / 5 years
Inventory Not Included Leasehold Improvements $1,357,500
Equipment / Fixtures $1,448,169 Other Assets $353,349 (vehicles)
Full-Time Employees 80 Training Period 14 Calendar Days
Part-Time Employees 40 Special License Required Liquor License
Contract Staff Reason for Selling Seller is Retiring but willing to stay on as consultant during the earn out period.

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.