Las Palmas · 66 Queen Honolulu HI 96813 · Neighborhood: Downtown · Region: Metro · MLS: 2309182 · TMK: 1-2-1-002-016-0143 & History 

Show all 1 photos. Updated 7/28/2003
Inactive. Last Sold for 250,000 LH on 1/6/2004
Location
Prop Type: Business
Bus Type: Restaurant
SIC:
Region: Metro
Neigh: Downtown
Name: Las Palmas
66 Queen
Unit #REST 2
HONOLULU HI 96813
Area
Lot size sf101
Lot size acres0.002
Floor #1
Financials
Annual
Gross Income:345,960
Operating Exp:327,404
Net Op Inc:18,556
Price Info
List Price:350,000 LH
List Price orig:350,000 LH
Fee Purchase:
Sales Price:250,000 LH
Concessions:0
Net SP:250,000 LH
Remarks
Seller:SALE INCLUDES ALL FURNITURE, EQUIPMENT, TRADE NAME, AND ENTIRE FRANCHISE. CONSISTS OF 3 LOCATIONS. FINANCIAL STATEMENTS SHOW EXPENSES FOR ALL STORES BUT REVENUE FROM MAIN STORE ONLY. CHECK OUT THIS GREAT BUY AND LOCATIONBuyer:
Property Features
Amenities
A/C
Exterior Sign
Interior Sprinkler System
Private Restroom
Public Restroom

Business Type
Fast Food/Deli
Restaurant

Construction
Concrete

Days Open
Five

Disclosures
None

Documents
Lease Documents
Tax Return
Employees
11 or More

Frontage

Hours Open

Inclusions

Land Tenure
LH - Leasehold

Land Recorded
Land Court
Lease Type

Lessee Pays
Common Area Maintenance
Insurance
Promotion/Advertising

Listing Broker
Kumai Realty, Inc.

Location
Downtown

Ownership
Corporate

Parking
26+ Spaces
Possession
Immediate

Sale Conditions

Sold Terms
Cash

Stories
One

Terms Offered
Cash
Seller Financing

Waste

Zoning
BMX-4 Central Business Mix

More Information
Miscellaneous
Business Established1998
Property Management Company:
Property Management Phone:
Franchise Fee:0
Lease Info
Landlord
LessorCITY & COUNT
Renegotiation
Lease expires10/10/2449
 
YearRent per month
Current 2008 0
Step up 1 0 0
Step up 2 0 0
Real Property Tax 2002
Assessed
Land70,500
Improvement305,700
Total376,200
Yearly
Tax Rates 3,683
162 Days on MarketKey Dates
Original listing 7/21/2003
List 7/21/2003
Photo 7/28/2003
Modified 1/6/2004
Price Change
Status Change 1/6/2004
Temporary Withdrawn
Back on Market
Off Market 1/6/2004
Withdrawn
Pending 12/29/2003
Closed 1/6/2004
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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