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Two Famous Landmark Hawaiian Restaurants In Maui For Sale

Maui, Hawaii, US
Asking Price:
$2,700,000 Furniture / Fixtures included
Sales Revenue:
$11,631,379
Cash Flow:
$1,373,678

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. For a quick response to your inquiry, please email listing agent Trent Lee (RE# S.0183611.LLC; Business Broker Permit# BUSB.0006978) at

Property Information

Real Estate:

Lease

Premises Details:

Location 1: This is a leased location of 11,000 square feet with a Total Rent of $48,126.75. Lease ends 2025 with a one 5 year lease options.

Location 2: This is a leased location of 16,000 square feet with a Total Rent of $13,863.75. Lease ends 2024 with a one 5 year lease options.

Seller is active in the businesses with 40 FT and 20 PT employees at each location. Hours of operation are 11 AM to 9 PM Mon-Sun at each location. $1,448,169 in FF&E included in Asking Price. $1,357,500 made in Leasehold Improvements. Assets include $353,349 in vehicles.

Business Operation

Reasons for selling:

Seller is retiring but willing to stay on as consultant during the earn out period.

Trading hours:

11 AM to 9 PM Mon-Sun at each location.

Employees:
80FT/40PT
Years established:
1988/2009

Other Information

Support & training:

14 Calendar Days

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$1,000,000 down payment, Earn out to be negotiated between buyer and seller.

Furniture / Fixtures value:
$1,448,169 - included in the asking price

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