Listing ID: 80690
One of the newest and most popular craft beer pub franchises in Hawaii is offered for sale. This nationwide US franchise is one of the fastest-growing craft beer franchises in the country with many locations in the USA.
Customers experience the best in quality American craft beer at this beer pub in Hawaii with signature Hawaiian hospitality. Located near one of Hawaii’s busiest tourist locations, it is the go-to place for both residents and visitors to Hawaii to sit back, relax, and enjoy hand-crafted beer, other beverages and great food made to perfection in an attractive and friendly atmosphere. Parking is available.
They offer over 80 craft beers on tap, plus 20 taps of draught wine, ciders, coffee and other hand-crafted beverages. They also have delicious cuisine and provide live entertainment two nights per week.
They have invested over $470,000 in building and equipping this efficient and beautiful pub.
Key attributes of this business include:
• High Growth. Craft beer is one of the fastest growing major beer categories in the USA; while total beer consumption in 2017 declined 1.2% (volume), craft beer sales grew 5% by volume and 8% by dollar amount and craft beer accounts for over 12.7% (volume) or 23.3% (dollar amount) of the total US beer market with total 2017 market sales of over $26 billion; up 8% in 2017.
• Craft beer prices average 83% higher than the average of all beers.
• Great location, conveniently close to hundreds of thousands of residents and visitors
• Established and growing customer base
• Favorable reviews on Yelp, Google, Trip Advisor, etc.
• High quality beverages and food
• Great support from the Franchisor and good relationship with landlord.
• Opportunity to significantly grow the business
A buyer who has the financial capability to invest in marketing should be able to take this business to a much higher level. The Business is being offered on a total turnkey basis.
For all business details including tax return-based financials please contact us for a 50+ page Confidential Business Profile.
- Asking Price: $400,000
- Cash Flow: $28,655
- Gross Revenue: $602,584
- EBITDA: N/A
- FF&E: $500,000
- Inventory: $20,000
- Inventory Included: N/A
- Established: 2016
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:3,205
- Lot Size:N/A
- Total Number of Employees:17
- Furniture, Fixtures and Equipment:N/A
Beautifully built out pub close to many customers. Lease has two 5 year renewal options.
Time for a change
Modest direct competition
Investment in marketing and advertising should add significant revenues and profits. Current operation could easily handle 50%+ more revenue.
This Business Is An Established Franchise
The company was started in 2016, making the business 6 years old.
The sale won't include inventory valued at $20,000*, which ins't included in the listing price.
The business has 17 employees and is located in a building with estimated square footage of 3,205 sq ft.
The real estate is leased by the business for $16,987 per Month
Why is the Current Owner Selling The Business?
There are all sorts of reasons why individuals choose to sell businesses. However, the genuine reason and the one they say to you may be 2 totally different things. For instance, they may say "I have way too many various commitments" or "I am retiring". For many sellers, these reasons stand. But also, for some, these might just be justifications to try to hide the reality of transforming demographics, increased competition, current reduction in profits, or a variety of other reasons. This is why it is extremely essential that you not count completely on a seller's word, yet rather, use the vendor's solution combined with your total due diligence. This will repaint a more sensible picture of the business's existing situation.
Existing Debts and Future Obligations
If the existing entity is in debt, which many businesses are, then you will certainly need to consider this when valuating/preparing your deal. Lots of companies take out loans with the purpose of covering things such as inventory, payroll, accounts payable, so on and so forth. Bear in mind that occasionally this can imply that earnings margins are too tight. Many companies come under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may likewise be future obligations to think about. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with vendors that must be met or might lead to penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do businesses in the location bring in new customers? Most times, businesses have repeat clients, which develop the core of their day-to-day earnings. Specific elements such as new competitors sprouting up around the location, roadway building and construction, and staff turn over can affect repeat customers as well as negatively affect future profits. One essential point to take into consideration is the location of the business. Is it in an extremely trafficked shopping center, or is it hidden from the main road? Certainly, the more individuals that see the business often, the better the chance to construct a returning consumer base. A final idea is the basic location demographics. Is the business situated in a densely inhabited city, or is it situated on the outside border of town? Just how might the regional typical house income impact future income potential?