Chodang Restaurant · 438 Hobron Honolulu HI 96815 · Neighborhood: Waikiki · Region: Metro · MLS: 2706662 · TMK: 1-2-6-013-014-0460 & History 

Show all 1 photos. Updated 4/13/2007 8:37:25 AM
Inactive. Last Sold for 85,000 LH on 4/18/2008
Location
Prop Type: Business
Bus Type: Restaurant
SIC:
Region: Metro
Neigh: Waikiki
Name: Chodang Restaurant
438 Hobron
Unit #H/1
Honolulu HI 96815
Area
Lot size sf0
Lot size acres0.000
Floor #1
Financials
Annual
Gross Income:0
Operating Exp:0
Net Op Inc:0
Price Info
List Price:99,000 LH
List Price orig:148,000 LH
Fee Purchase:
Sales Price:85,000 LH
Concessions:0
Net SP:85,000 LH
Remarks
Seller:PRICE HAS BEEN REDUCED! Well established restaurant, known to local customers for its very special tofu dishes. Great location in Waikiki. Steady income. Owner will provide good training. Trademark, recipe, franchising, existing marketing plan available but not required to purchaser. 5 year lease with option. DO NOT DISTURB!Buyer:
Property Features
Amenities
A/C
Exterior Sign
Gas
Interior Sprinkler System
Private Restroom
Public Restroom
Rear Entry

Business Type
Restaurant

Construction
Concrete
Double Wall

Days Open
Seven

Disclosures
Call Listor

Documents
Furniture, Fixtures, Equipment
Lease Documents
Licenses
Employees

Frontage
Main Street
Retail Mall

Hours Open

Inclusions

Land Tenure
LH - Leasehold

Land Recorded
Land Court
Lease Type
Triple Net

Lessee Pays
Common Area Maintenance
Insurance
Operating Expenses
Utilities

Listing Broker
Joy Realty

Location
Residential
Shopping Center

Ownership
Sole

Parking
26+ Spaces
Possession
Close of Escrow

Sale Conditions

Sold Terms
Cash

Stories
Three

Terms Offered
Cash
Conventional

Waste

Zoning
X2 - Apartment Precinct

More Information
Miscellaneous
Business Established0
Property Management Company:
Property Management Phone:
Franchise Fee:0
Lease Info
Landlord
LessorWayne Sadoyama & Sanford Goto
Renegotiation
Lease expires12/31/2011
 
YearRent per month
Current 2011 0
Step up 1 0 0
Step up 2 0 0
Real Property Tax 2006
Assessed
Land95,200
Improvement179,000
Total274,200
Yearly
Tax Rates 0
366 Days on MarketKey Dates
Original listing 3/21/2007
List 4/4/2007
Photo 4/13/2007
Modified 5/14/2008
Price Change 11/6/2007
Status Change 4/18/2008
Temporary Withdrawn
Back on Market
Off Market 4/18/2008
Withdrawn
Pending 4/18/2008
Closed 4/18/2008
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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