Hot Listing
Turnkey Waikiki Restaurant: $400K Invested, Lowest Rent in Center
Business Description
Don't open tucked away off the main thoroughfare. Visibility drives foot traffic, and in Waikiki, location is everything.
Over $400,000 invested. Fully built out, fully equipped, landlord and health department approved, ready to flip to your brand in weeks.
This turnkey space sits inside a high traffic Waikiki shopping center, an established dining destination surrounded by major hotels and resorts. Current operations generate roughly $550,000 in gross annual revenue, and other top performers in the center are doing over $2MM per year.
Important, please read before inquiring
The landlord is actively seeking a food concept for this space. They are not approving dessert, ice cream, coffee, matcha, juice, smoothie, or acai concepts, as those categories are already well represented in the center. Open categories they would consider include sandwiches and paninis, salads and grain bowls, pizza and flatbread, pasta, musubi and local plates, Korean rice bowls and kimbap, Mediterranean gyros and wraps, Filipino plates, Japanese curry and katsu, dumplings and bao, banh mi, loaded potatoes and fries, and gourmet hot dogs.
The landlord also requires the incoming operator to project monthly sales above $39,000, so please be prepared to show projected sales and financials.
What you get
-Complete professional build-out: construction, equipment, and permitting already done
-Hawaii's permitting process typically takes 10 to 24 months; you skip it entirely
-All fixtures and equipment included (itemized list after NDA)
-273 SF of prime selling space plus 50 SF of on-site storage: compact footprint, low overhead
-Transferable lease through early 2034 (includes CAM, taxes, water, and trash), the lowest rent of any unit in the center
-Comparable nearby spaces run roughly 2.5x that, and vacant units require landlord mandated architects and contractors, which drives their build out costs far higher
-Year-round foot traffic from visitors and locals
This is an asset sale, financials are not provided. Brand and recipes do not transfer, open under your own name with the expensive part already finished
Reason for sale: owner relocated to the mainland
Serious inquiries only: a signed NDA and proof of funds are required before location, lease terms, and details are sent
Over $400,000 invested. Fully built out, fully equipped, landlord and health department approved, ready to flip to your brand in weeks.
This turnkey space sits inside a high traffic Waikiki shopping center, an established dining destination surrounded by major hotels and resorts. Current operations generate roughly $550,000 in gross annual revenue, and other top performers in the center are doing over $2MM per year.
Important, please read before inquiring
The landlord is actively seeking a food concept for this space. They are not approving dessert, ice cream, coffee, matcha, juice, smoothie, or acai concepts, as those categories are already well represented in the center. Open categories they would consider include sandwiches and paninis, salads and grain bowls, pizza and flatbread, pasta, musubi and local plates, Korean rice bowls and kimbap, Mediterranean gyros and wraps, Filipino plates, Japanese curry and katsu, dumplings and bao, banh mi, loaded potatoes and fries, and gourmet hot dogs.
The landlord also requires the incoming operator to project monthly sales above $39,000, so please be prepared to show projected sales and financials.
What you get
-Complete professional build-out: construction, equipment, and permitting already done
-Hawaii's permitting process typically takes 10 to 24 months; you skip it entirely
-All fixtures and equipment included (itemized list after NDA)
-273 SF of prime selling space plus 50 SF of on-site storage: compact footprint, low overhead
-Transferable lease through early 2034 (includes CAM, taxes, water, and trash), the lowest rent of any unit in the center
-Comparable nearby spaces run roughly 2.5x that, and vacant units require landlord mandated architects and contractors, which drives their build out costs far higher
-Year-round foot traffic from visitors and locals
This is an asset sale, financials are not provided. Brand and recipes do not transfer, open under your own name with the expensive part already finished
Reason for sale: owner relocated to the mainland
Serious inquiries only: a signed NDA and proof of funds are required before location, lease terms, and details are sent
About the Business
- Employees
- 7 Part-time
Real Estate
- Owned or Leased
- Leased
- Rent
- $8,300 per month
- Lease Expiration
- 2/5/2034
About the Sale
- Seller Motivation
- Need to focus on other ventures, moved to mainland
Listing Info
- ID
- 2401889
- Listing Views
- 3831
Listing ID: 2401889 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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