$150,000

110 Kalakaua St

HILO HI, 96720

Description

This is a leasehold property. This long tenured business is a staple of the downtown Hilo community. Located within the heart of Hilos established tourism center, Bears enjoys a robust breakfast and lunch following that consists of about 40% of local business and 60% in tourist business. There has been regular advertising both locally and internationally that will continue to bring business to Bears, long after the new owner has taken over. Over million in annual sales with lots of room for continued growth and expansion. Options include extending to dinner hours and catering. The current owner is a chef and this is an ideal small business for a chef owner or family owned business.BEARS has UNIQUE, LONG TERM HISTORY OF SUCCESS IN HILO!! BEST BELGIAN WAFFLES ON THE BIG ISLAND! AMAZING MENU...GREAT COFFEE DRINKS ETC...INCLUDES: Furniture, High Traffic, Lease, Inventory, Goodwill, 1 Restroom, Tradename. New flooring installed, fresh paint and deep cleaning just completed.

Details

MLS#630705
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1922
Days On Site297

Features

Story(s)1
ZoningCDH

Market Activity 96720

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Area Information
StateHI
CityHILO
Zip Code96720
AreaSouth Hilo
Listing VS Median (in 96720)
Price:
$150,000
low | high
Med:
$369,000
96% of Average
On Site:
297
low | high
Med:
30
100% of Average
Listing Updated: 10/25/2020
Rick Barbati LogoMLS Number: 630705
Listing Provided By:
Rick Barbati  of  New eRealty

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