Japanese Teppanyaki Restaurant & Bar
Japanese Teppanyaki Restaurant & Bar
Chef and investor’s initial plan of designing, constructing, establishing, and stabilizing restaurant has been achieved. Owners and chef are planning to move out of state. • Located in a Kapolei strip mall with FOODLAND as an anchor tenant. • Great traffic flow through the mall and adjacent to a newly built apartment complex in Kapolei • State‐of‐the‐art and modernly designed restaurant that has been operating for 3 years • Garnered a loyal customer base and has great reviews (consistently +4 stars on Yelp) • Fantastic platform for the right owner to grow and expand • All vendor and distribution relationships are in place • Below market lease will run through Dec 2022 (two 5‐year renewal options extend it through 2032) • Over 550 hotel rooms have recently come online with a 5‐min radius of restaurant • New road infrastructure linking Kapolei to Disney Aulani resort and Ko Olina will be undertaken • Free rent on outdoor patio space • Impossible to replicate restaurant for initial construction cost; current day replacement cost would be nearly $500,000
Location
Country: | USA |
State or Province: | HI |
City: | Kapolei |
Location Zip or Postal Code: | 96707 |
Listing Information
Service Type: | Sit-Down Table Service |
Title of Listing: | Japanese Teppanyaki Restaurant & Bar |
Year Established: | 2015 |
Number of Locations: | 1 |
Number of Seats: | 51-150 |
Size: | 1875, Square Feet |
Patio: | Yes |
Number of Employees: | Less than 10 |
Hours of Operation: | Daily Lunch: 11am - 2:30pm Dinner: 5pm - 9:30pm |
Growth or Expansion Opportunities: | Catering, Corporate, Delivery |
Reason for Selling: | Owners Want to Move |
Owner Operated or Absentee Owner or Flexible: | Owner Operated |
Training Provided: | Yes |
Links
Link to Facebook Page: | https://www.facebook.com/490433001122145/photos/657761021056008/ |
Link to TripAdvisor Review Page: | https://www.yelp.com/biz/takumi-japanese-restaurant-and-bar-kapolei |
Website: | www.takumihawaii.com |
Financial Details
Asking Price: | $475,000 |
Gross Revenue: | $900,000 |
Gross Revenue Range: | $500,000-$1,000,000 |
EBITDA (Earnings before Income, Taxes and Depreciation): | $11,0000 |
EBITDA Range: | $100,000-$300,000 |
SDE Range: | $100,000 |
FF&E Value (Furniture Fixtures and Equipment): | $290,000 |
FF&E Value (Furniture Fixtures and Equipment) included in price: | Yes |
Inventory Estimated Value: | $15,000 |
Asset or Share Sale: | Flexible |
Real Estate Owned or Leased: | Leased |
Lease Term Remaining: | 3 |
Total Monthly Rent: | $8376 |
Contact Listing Owner
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