MergerPlace

Authentic Hawaiian Restaurant

Washington


  • Asking Price: $700,000
  • Gross Income: $1,558,357
  • Cash Flow: $199,075
  • Real Estate: Not Disclosed
  • Inventory: $4,505
  • FF&E: $48,712
  • Listing ID: #220553
  • Established: 2004
  • Employees: 2 FT / 18 PT

Business Description

Authentic, fresh Hawaiian food served in a friendly, casual environment. They also have a robust catering business, especially during the summer months.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Washington

Company Information

Year Established: 2004
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 FT / 18 PT

Financial Information

Asking Price: $700,000
Gross Revenue: $1,558,357
Cash Flow: $199,075
FF&E: $48,712
Inventory: $4,505
Seller Financing Available: No

Property Information

Facilities:

2000 square foot space in a retail center with high visibility, with approximately 50-60 seats. Site has been well-maintained and all equipment is in good working order.

Growth & expansion opportunities:

More staff could be added to bolster capacity for catering orders, as well as having someone dedicated to sales and marketing to attract new customers. They could also choose to have the restaurant open 7 days a week, as they are closed one day per week currently.

Competition:

This business keeps better margins than most. The employees are experienced and most have been with the company for 6+ years. For this reason and for the overall quality and experience, they have a reputation for being among the best restaurants in the area.

Reason for selling:

Retirement.

Support & Training:

Will train for 4 weeks @ no cost The owner and staff are highly skilled and very service oriented. The owner is also very hands-on in the business and interacts daily with employees and customers. Food is purchased fresh and processed in-house and they have tight inventory and quality control.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Linn Crader

Murphy Business Brokers