L&l Hawaiian Bbq · 3045 Monsarrat Honolulu HI 96815 · Neighborhood: Diamond Head · Region: Diamond Head · MLS: 1203440 · TMK: 1-3-1-025-018-0000 & History 

Show all 11 photos. Updated 3/29/2012 9:42:37 AM
Inactive. Last Sold for 111,111 LH on 7/31/2012
Location
Prop Type: Business
Bus Type: Restaurant
SIC:
Region: Diamond Head
Neigh: Diamond Head
Name: L&l Hawaiian Bbq
3045 Monsarrat
Unit #6
Honolulu HI 96815
Area
Lot size sf20,909
Lot size acres0.480
Floor #1
Financials
Annual
Gross Income:1
Operating Exp:1
Net Op Inc:1
Price Info
List Price:168,000 LH
List Price orig:168,000 LH
Fee Purchase:
Sales Price:111,111 LH
Concessions:0
Net SP:111,111 LH
Remarks
Seller:First time available in 10 yrs. Owners looking to retire. Great opportunity to own a well branded local franchise. Great location at the base of Diamond Head. Be part of the revitalization of Kapahulu/Diamond Head. Gross mo. lease rent, including CAM and GE tax is $4,492.87. There's a $500/mo franchise fee to L&L. Lease expires 8/31/16. Subject to LL and Franchisor approval. 20 gal. grease trap.Buyer:Buyer from New Zealand.
Property Features
Amenities
A/C
Exterior Sign
Gas
Private Restroom

Business Type
Fast Food/Deli
Restaurant

Construction
Above Ground

Days Open
Seven

Disclosures
See Remarks

Documents
Furniture, Fixtures, Equipment
Lease Documents
Employees
Non Union
Owner
Part Time

Frontage
Main Street

Hours Open

Inclusions

Land Tenure
LH - Leasehold

Land Recorded
Regular System
Lease Type
Triple Net

Lessee Pays
Common Area Maintenance
Insurance
Operating Expenses
Promotion/Advertising
Real Property Tax
Trash Removal
Utilities

Listing Broker
Lau & Associates, LLC

Location
In-Line
Shopping Center

Ownership
Corporate

Parking
11-25 Spaces
On Site
Open
Possession
Close of Escrow

Sale Conditions

Sold Terms
Cash

Stories
One

Terms Offered
Cash

Waste

Zoning
B-1 Neighborhood Business

More Information
Miscellaneous
Business Established2001
Property Management Company:Colliers
Property Management Phone:(808) 521-2511
Franchise Fee:500
Lease Info
Landlord
LessorM&W Development Partners
Renegotiation
Lease expires8/31/2016
 
YearRent per month
Current 2013 2,737
Step up 1 2016 2,870
Step up 2 0 0
Real Property Tax 2011
Assessed
Land3,459,600
Improvement927,900
Total4,387,500
Yearly
Tax Rates 4,534
108 Days on MarketKey Dates
Original listing 3/14/2012
List 3/28/2012
Photo 3/29/2012
Modified 7/31/2012
Price Change
Status Change 7/31/2012
Temporary Withdrawn
Back on Market 7/13/2012
Off Market 7/31/2012
Withdrawn
Pending 7/13/2012
Closed 7/31/2012
Representation, Questions & Additional Information
If you are already working with an agent, please contact them directly for more information on this Business listing.
If you would like to work with a pro, contact:
Robin Glass, (R), PB, MBA
Hawaii Home + Commercial LLC
☎ 808-358-1774
glassr@hawaiihome.cc

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