Tupelo Data Room
Other Entertainment & Recreation, Food & Related products, Bakeries, Bars, Pubs & Taverns, Other Restaurants & Food
Active

A Golden Opportunity – Own a Thriving Full Service Restaurant and Market

Hawaii, United States
Asking Price$2.60m
Revenue-
EBITDA-
Cash Flow-
Description
Step into a rare chance to own a dynamic, multi-revenue business located on the Big Island of Hawai'i. This unique property is more than just a beloved local landmark—it’s a fully operational, diversified business with four strong income streams and room to grow. At the heart of the operation is a well-established grocery store, known for its warm, welcoming atmosphere and commitment to providing fresh produce, local artisan goods, and everyday essentials. Adjacent to the store is a popular restaurant/bar, where locals and visitors alike enjoy casual dining, weekend live music, and a rotating menu of take-out favorites. This inviting space has become a staple for community gatherings and special events. Adding to its income potential, the property includes a 700 sq. ft. studio currently rented on a month-to-month basis, offering immediate passive income or the flexibility to re-imagine the space. Additionally, the building holds a long-term lease with the U.S. Postal Service, ensuring stable and consistent rental revenue. To further enhance future profitability, a full commercial kitchen and outdoor dining deck are currently in development. Once completed, these additions will significantly increase dining capacity and allow for expanded culinary offerings, special events, and catering opportunities. With its deep historical roots—from its origins during the sugar cane era to its present-day role as a vibrant community hub—this turnkey business is rich in character and ready for new ownership. Whether you choose to continue its legacy or bring your own vision to life, the infrastructure, community support, and location offer unparalleled potential for growth. Don’t miss out on this extraordinary opportunity to own a piece of island life and a cornerstone of the local community.
Real Estate
$1.60mIncluded in Asking Price
Building Size: 5890 sq. ft.
Inventory
Included in Asking Price
Year Established
1980
Reason Selling
Owners are looking to find another venture to begin.
Facilities & Assets
Housed in a charming plantation-style building located along the scenic Hamakua Coast. The property offers a well-maintained and functional layout that supports multiple streams of revenue, including grocery, café, retail, and community events. Key Facilities Include: Retail storefront with dedicated grocery and dry goods areas Full-service café kitchen with prep space, cooking equipment, and food service counter Spacious covered deck with new construction, ideal for outdoor seating and events Storage rooms and walk-in refrigeration units Private office and secure cash handling area ADA-compliant restrooms for public use Onsite customer and staff parking Ocean view setting with mature landscaping and ample foot traffic visibility Included Assets: All furniture, fixtures, and equipment (FFE) necessary for ongoing operations (approx. value: $25,000) Business inventory at time of sale (approx. value: $112,000) New equipment additions, including café tables and outdoor improvements Brand goodwill, operating systems, and community relationships developed over more than a decade of continuous operation The facilities are in excellent condition and designed to support both day-to-day operations and future growth potential, with room to expand services and increase event-based or café-driven revenue.
Support & Training
• Full Staff in place to manage day-to-day operations • New full-time manager needed to replace one of the current owners to support the next phase of growth • Current owners will provide full training to ensure a smooth and confident transition • Flexible owner involvement—assist where needed or hire part-time help for added support
Market & Competition
Strategic Market Positioning: With the nearest large grocery chains located 19 and 26 miles away in opposite directions, this store occupies a prime position as the most accessible and reliable retail option for the surrounding community and passing visitors. Its convenience and established reputation make it a preferred destination in the area.
Growth Opportunities
• New Commercial Kitchen (In Progress) Expand into catering, special events, and a broader menu. • Outdoor Dining Deck Add seating, improve guest experience, and host events under the stars. • Event Hosting Potential Weddings, live music, community markets—the space is perfect for gatherings. • Retail & Product Expansion Curate more local goods and launch online sales. •Boost Online Presence Stronger digital marketing = more visitors, higher sales, and new revenue.
Asking Price$2.60m