Prime Waikiki Restaurant – Take Over Existing Brand or New Concept
Business Description
Rare Opportunity: Flexible Restaurant Acquisition in Prime Waikiki Location
This is a unique opportunity to acquire a well-located restaurant in the heart of Waikiki, Honolulu, offering flexibility for buyers to either continue the existing ramen business or launch a new concept.
Established in the 1970s, the business has built a strong reputation among both tourists and local customers. At the same time, the space and layout make it highly adaptable for a wide range of restaurant concepts beyond ramen.
Financial Overview:
• Annual Revenue: $387,140
• EBITDA: $55,360
• Asking Price (Full Business): $380,000
• Asset / Lease Takeover: Negotiable
• Inventory included in sale
Business Highlights:
• Prime Waikiki location with strong tourist and local foot traffic
• Fully equipped kitchen with efficient layout (operable with 2–3 staff)
• Established customer base with repeat business
• Flexible acquisition structure (continue current brand or rebrand)
• Low overhead and easy-to-manage operations
Flexible Deal Structure:
The seller is open to:
• Full business acquisition including brand, recipes, and operations, or
• Asset and lease takeover for buyers looking to introduce their own concept
Growth Opportunities:
• Rebranding or introducing a new restaurant concept
• Menu optimization and pricing improvements
• Expansion of digital marketing (Google Maps, SNS, delivery platforms)
• Leveraging strong Waikiki tourism and foot traffic
Owner Support:
The current owners are willing to provide 1–2 months of hands-on training covering operations, food preparation, recipes, hygiene, safety, and POS systems. Support can be tailored depending on whether the buyer continues the existing concept or transitions to a new one.
Reason for Selling:
The owners are planning retirement after decades of successful operation and are open to flexible deal structures to meet buyer needs.
This opportunity is ideal for an owner-operator, restaurant group, or entrepreneur seeking a prime location with the flexibility to operate an established brand or create a new dining concept.
This is a unique opportunity to acquire a well-located restaurant in the heart of Waikiki, Honolulu, offering flexibility for buyers to either continue the existing ramen business or launch a new concept.
Established in the 1970s, the business has built a strong reputation among both tourists and local customers. At the same time, the space and layout make it highly adaptable for a wide range of restaurant concepts beyond ramen.
Financial Overview:
• Annual Revenue: $387,140
• EBITDA: $55,360
• Asking Price (Full Business): $380,000
• Asset / Lease Takeover: Negotiable
• Inventory included in sale
Business Highlights:
• Prime Waikiki location with strong tourist and local foot traffic
• Fully equipped kitchen with efficient layout (operable with 2–3 staff)
• Established customer base with repeat business
• Flexible acquisition structure (continue current brand or rebrand)
• Low overhead and easy-to-manage operations
Flexible Deal Structure:
The seller is open to:
• Full business acquisition including brand, recipes, and operations, or
• Asset and lease takeover for buyers looking to introduce their own concept
Growth Opportunities:
• Rebranding or introducing a new restaurant concept
• Menu optimization and pricing improvements
• Expansion of digital marketing (Google Maps, SNS, delivery platforms)
• Leveraging strong Waikiki tourism and foot traffic
Owner Support:
The current owners are willing to provide 1–2 months of hands-on training covering operations, food preparation, recipes, hygiene, safety, and POS systems. Support can be tailored depending on whether the buyer continues the existing concept or transitions to a new one.
Reason for Selling:
The owners are planning retirement after decades of successful operation and are open to flexible deal structures to meet buyer needs.
This opportunity is ideal for an owner-operator, restaurant group, or entrepreneur seeking a prime location with the flexibility to operate an established brand or create a new dining concept.
About the Business
- Years in Operation
- 51
- Employees
- 2 Part-time
- Facilities & Assets
- Located in a prime Waikiki area surrounded by hotels, retail shops, and steady foot traffic from both tourists and local residents.
The space is fully equipped and efficiently designed, typically operated with 2–3 staff, making it easy to manage with low labor requirements.
Suitable for a variety of concepts including ramen, fast-casual dining, takeout-focused operations, or a completely new restaurant concept. - Market Outlook / Competition
- Strong demand driven by high tourist traffic and consistent local customer base in Waikiki.
The location offers excellent visibility and accessibility, making it suitable for a wide range of restaurant concepts.
Competition exists across various dining formats, but the flexibility of the space allows a new owner to differentiate through concept, branding, and menu strategy. - Opportunities for Growth
- Growth opportunities include rebranding the current concept, introducing a new cuisine or dining format, optimizing menu pricing and margins, and expanding digital presence (Google Maps, SNS, delivery platforms).
The location is well-positioned to benefit from continued tourism growth and nearby residential and hotel developments.
About the Sale
- Seller Motivation
- The owners are planning retirement after decades of successful operation and are
- Transition Support
- The current owners are willing to provide 1–2 months of hands-on training, covering all aspects of operations including food preparation, recipes, hygiene, safety management, customer service, and POS operations.
Support can be tailored depending on the buyer’s needs, whether continuing the existing ramen concept or transitioning to a new business model.
Listing Info
- ID
- 2434637
- Listing Views
- 39
Attached DocumentsAttachment Disclaimer
Listing ID: 2434637 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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