270 Waiehu Beach Rd, Wailuku, HI

$250,000

$ 0.00

HOA Fee

About 270 Waiehu Beach Rd

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.

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Facts & Features

MLS® # 400027
Price $250,000
Bathrooms 0.00
Acres 0.00
Type Business Opportunity
Sub-Type Business
Status Active
County Tax Records View Records
Short-Term Rental Allowed No

Community Information

Address 270 Waiehu Beach Rd
Area Wailuku
City Wailuku
State HI
Zip Code 96793

Amenities

View Other
Is Waterfront No
Waterfront None
Has Pool No

Interior

Fireplace No

Additional Information

Date Listed October 17th, 2023
Days on Market 186
Short Sale No
RE / Bank Owned No
Monthly Maintenance Fees 0.00

Listing Details

OfficeKokua Realty LLC

Listing Map

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