270 Waiehu Beach Rd
PRICE: $250,000
BEDROOMS:
BATHROOMS: 0
CLASS: Business Opportunity
| MORTGAGE AMOUNT | $0 |
| DOWN PAYMENT AMOUNT | $37,500 |
| MONTHLY MORTGAGE PAYMENT | $0/span> |
| TOTAL MONTHLY PAYMENT | $0 |
LISTING PROVIDED BY
Brian C Rose RS-82952
808-283-3492
brian@kokuarealty.com
Kokua Realty LLC
808-877-9000
Keoni@KokuaRealty.com
808-283-3492
brian@kokuarealty.com
Kokua Realty LLC
808-877-9000
Keoni@KokuaRealty.com
PROPERTY DESCRIPTION
Ray’s Deli & Lounge is an established Wailuku restaurant and bar founded in 1991 with strong local following available in turnkey condition. It is popular with early morning golfers and late-night patrons. Includes two new central AC units with corrosion coating, two upgraded plastic 250 gallon in ground grease interceptors, new sound system, lights with karaoke freshly painted with upgraded furniture. Owner operator consistently made mid to upper six figure net income excluding any cash transactions. This establishment is unique for the Wailuku/Waiehu area in that it has a robust kitchen capable of serving three meals a day with capacity for catering, a full bar and ample parking. The lounge area has an open layout with flat screen TVs throughout, perfect for sports and karaoke. The owner recently spent approximately $80,000 on upgrades and improvements. All the furnishings are in good condition and the kitchen equipment is in good working order. The sale price includes all furnishings, equipment and all inventory on hand. Owner is current with all vendors and suppliers. Great opportunity to own in a proven business to provide for generations to come.
PRICE HISTORY
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Last update: 3:03pm 9/25/2024
Disclaimer - This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure.
