French Cuisine Restaurant

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French Cuisine Restaurant
Asking Price:
$295,000

Gross Revenue:
$423,000
Cash Flow:
$110,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$75,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

French themed fusion featuring the finest French cuisine on the Big Island situated in a romantic and elegant setting located within the same location for over 30 years! This completely turn-key opportunity is a 'working chef's dream restaurant'. Full food service, white linen tablecloths, wine service and of course, an efficient and immaculate 'working kitchen' ! This bistro has been a destination location for countless diners over the decades that repeatedly brings in a blend of both visitors and local residents alike for the high quality cuisine and fine wines plus great service. The current owner serves as head chef so if you are an up and coming chef, this is an exceptional opportunity to plant your flag and to carry on this restaurant's legacy of serving consistently great food plus historically financial profitability.

About the Business

Location:
Kailua Kona, Hawaii
Year Established:
1983
Number of Employees:
2/2
Real Estate:
Leased
Building Sq. Ft.:
1,200
Rent:
$1.98 Per Month
Facilities:
Dinner served Tuesdays - Saturdays 6:00 to 10 pm. Recently remodeled dining room, wine seller/storage, highway location with great visibility and plenty of free parking. Landlord willing to either negotiate a new long term lease or even sell the building (with seller financing). 2400+ sq. ft. leaseable office space on top floor, can also be converted to a residence (zoning allows!). Restaurant occupies entire lower level of building.
Market Outlook/
Competition:
This is the only French themed fine dining on the entire Big Island, it's concept and menu makes it a truly unique eatery. (there is no competition). Zero advertising to generate these strong year-over-year revenues!
Growth & Expansion:
The Owners are willing to share several strong growth strategies/opportunities with a serious buyer/s once an NDA has been executed that will have the potential to increase revenues dramatically.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
30 days to ensure a smooth transition
Seller Financing:
Partial Seller financing for a qualified Buyer

Listing Info

ID:
1629570
Ad Detail Views:
0

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Business Listed by

Mark Chesler

Hawaii Sunset Real Estate

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