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Profitable Island Restaurant Opportunity on Prime Hilo Location

Full-Service Restaurant with Bar and Catering in Hilo, Hawaii

On NextCompany since August 29, 2026 (47 days)

Hawaii, HIEstablished 198619 FT + 25 PT employees
Financial summary
Asking price
$2,399,000
Gross revenue
$2,375,786
Cash flow (SDE)
$609,776
Inventory
$30,000
FF&E
$256,809

Figures come from the listing party and are not verified or guaranteed by NextCompany. Parts of this page are AI-generated and may contain errors. Verify everything before relying on it. See the Buyer Terms.

Business overview

This full-service restaurant has served Hilo, Hawaii since 1986. Locals and visitors across generations make up its customer base. Revenue comes from dine-in service, take-out, catering, and a bar program. A team of 19 full-time and 25 part-time employees runs the 3,500 square foot space. Gross revenue is $2,375,786 with cash flow of $609,776, and the asking price is $2,399,000. Rent is $8,330 per month, inventory totals $30,000, and furniture, fixtures, and equipment $256,809. Operating it requires a Hawaii State Liquor License plus Hawaii DCCA and Department of Health approvals. The owner is retiring, will consider all offers, and provides 2 weeks of training.

Who is a good fit for this business

  • Owner-operators with restaurant and bar experience who can hold a Hawaii State Liquor License.
  • Buyers who want dine-in, take-out, catering, and bar revenue under one roof.
  • Buyers ready to manage 19 full-time and 25 part-time staff.

Details

Reason for selling
Retirement
Real estate
Leased
Monthly rent
$8,330

Frequently Asked Questions

It is a full-service restaurant in Hilo, Hawaii, operating since 1986. It has built a loyal, multi-generational customer base among both locals and visitors. Its brand recognition in the island market is strong.

The restaurant earns revenue from dine-in service, take-out, catering, and a profitable bar program. That mix gives it multiple income streams. Gross revenue is $2,375,786.

Gross revenue is $2,375,786 and cash flow to the owner is $609,776. The asking price is $2,399,000, and the seller will consider all offers. Inventory is $30,000 and furniture, fixtures, and equipment are $256,809.

The restaurant occupies 3,500 square feet. Rent is $8,330 per month.

The restaurant employs 19 full-time and 25 part-time staff. Proven systems are in place for consistent food quality.

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