Pandora Cafe · 1526 Makaloa Honolulu HI 96814 · Neighborhood: Holiday Mart · Region: Metro · MLS: 1302450 · TMK: 1-2-3-021-038-0000 & History 

Show all 25 photos. Updated 2/5/2014 3:13:20 PM
Expired. It was offered at $380,000 LH
Location
Prop Type: Business
Bus Type: Restaurant/lounge
SIC:
Region: Metro
Neigh: Holiday Mart
Name: Pandora Cafe
1526 Makaloa
Unit #
Honolulu HI 96814
Area
Lot size sf41,025
Lot size acres0.942
Floor #1
Financials
Annual
Gross Income:576,000
Operating Exp:432,000
Net Op Inc:144,000
Price Info
List Price:380,000 LH
List Price orig:380,000 LH
Fee Purchase:
Sales Price:0 LH
Concessions:0
Net SP:0 LH
Remarks
Seller:Great Business Opportunity! Popular bar/lounge with Sushi Bar and Karaoke. Located next to Ala Moana Shopping Center on Makaloa St. This business has ample customer parking! Pandora has expanded to Doremi and is now in control of 7 private Karaoke rooms! The liquor license has been modified to reflect this change and dart board room have been added to the mix. Please contact agent for details.
Property Features
Amenities
A/C
Exterior Sign
Gas
Public Restroom

Business Type
Bar/Lounge

Construction
Concrete
Double Wall

Days Open
Seven

Disclosures
None

Documents
Furniture, Fixtures, Equipment
Lease Documents
Licenses
Profit and Loss Stmt
Employees

Frontage
Retail Mall

Hours Open

Inclusions

Land Tenure
LH - Leasehold

Land Recorded
Dual Systems
Lease Type

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

Listing Broker
Ivy K Realty, LLC

Location
In-Line

Ownership
Corporate

Parking
11-25 Spaces
Open
Possession
Close of Escrow

Sale Conditions

Sold Terms

Stories
Two

Terms Offered
Cash

Waste

Zoning
BMX-3 Community Business M

More Information
Miscellaneous
Business Established2011
Property Management Company:
Property Management Phone:
Franchise Fee:0
Lease Info
Landlord
LessorLee Investments, Inc.
Renegotiation
Lease expires8/31/2017
 
YearRent per month
Current 2017 8,600
Step up 1 0 8,880
Step up 2 0 9,220
Real Property Tax 2011
Assessed
Land5,722,700
Improvement1,307,500
Total7,030,200
Yearly
Tax Rates 7,219
364 Days on MarketKey Dates
Original listing 2/18/2013
List 3/5/2013
Photo 2/5/2014
Modified 3/5/2014
Price Change
Status Change 3/5/2014
Temporary Withdrawn
Back on Market
Off Market 3/4/2014
Withdrawn
Pending
Closed
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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