270 Waiehu Beach Rd, Wailuku, 96793

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$250,000

MLS® #: 400027

Ray’s Deli & Lounge is an established Wailuku restaurant and bar founded in 1991 with strong local following available in turnkey condition. It is popular with early morning golfers and late-night patrons. Includes two new central AC units with corrosion coating, two upgraded plastic 250 gallon in ground grease interceptors, new sound system, lights with karaoke freshly painted with upgraded furniture. Owner operator consistently made mid to upper six figure net income excluding any cash transactions. This establishment is unique for the Wailuku/Waiehu area in that it has a robust kitchen capable of serving three meals a day with capacity for catering, a full bar and ample parking. The lounge area has an open layout with flat screen TVs throughout, perfect for sports and karaoke. The owner recently spent approximately $80,000 on upgrades and improvements. All the furnishings are in good condition and the kitchen equipment is in good working order. The sale price includes all furnishings, equipment and all inventory on hand. Owner is current with all vendors and suppliers. Great opportunity to own in a proven business to provide for generations to come.