Hot Listing
Two Iconic Ocean Front Restaurants for Sale
Business Description
Kona Inn Restaurant and Kona Canoe Club Restaurant
Seize this rare opportunity to own not one, but two thriving and historic restaurants located on the iconic oceanfront strip of Ali'i Drive in Kailua Kona, Hawaii. These landmark establishments—Kona Inn Restaurant and Kona Canoe Club—are being offered together at a combined price of $1,300,000. They can be sold independently or together.
About the Business
- Years in Operation
- 46
- Employees
- 89
- Facilities & Assets
- The Kona Inn Restaurant comes with significant hard assets, including machinery, equipment, FF&E (Furniture, Fixtures & Equipment), and leasehold improvements. The combined value of these assets exceeds the asking price, offering a compelling opportunity for buyers seeking a turn-key operation with substantial built-in value. Rebuilding these restaurants from scratch would require a significant capital investment, far beyond the price at which they are being offered.
- Market Outlook / Competition
- Kona Inn Restaurant has been a beloved dining destination since 1979, offering over four decades of quality service to the local community and visitors alike.
Kona Canoe Club, founded in 2005, has built a strong reputation for its relaxed atmosphere and welcoming experience over nearly two decades of operation.
Both establishments are well-known for their oceanfront locations, which provide breathtaking sunset views, and their unique menus that cater to both local patrons and visitors seeking a true taste of Hawaii. - Opportunities for Growth
- With proximity to world-class beaches, shopping, and recreational activities like deep-sea fishing and snorkeling, the restaurants are strategically positioned to capture heavy foot traffic. The Ali'i Drive location ensures unparalleled visibility and access to both local residents and tourists.
Real Estate
- Owned or Leased
- Leased
About the Sale
- Transition Support
- This established team offers a turn-key opportunity for the new owner to step into a successful operation and maintain the restaurants' strong reputation.
Listing Info
- ID
- 2288807
- Listing Views
- 7158
Listing ID: 2288807 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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