$400,000
$525,000
23.8%For more information regarding the value of a property, please contact us for a free consultation.
2484 KENEKE ST Kilauea, HI 96754
0.74 Acres Lot
Key Details
Sold Price $400,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Kilauea
MLS Listing ID 647090
Sold Date 08/09/21
Lot Size 0.736 Acres
Property Description
For 30+ years the Kilauea Bakery has been serving breakfast, lunch, and dinner to Kauai residents and visitors alike. Everyday the staff cheerfully serves hundreds of customers a unique variety of on-site freshly-made items including; sweet and savory pastries, bagels, breads, cookies, pies, cakes, pizzas, calzones, soups, salads, and paninis, accompanied by a selection of coffee drinks, specialty drinks, and smoothies. All in a location that enjoys ample, covered, outdoor seating. The Bakery has excellent reviews.
The Kilauea Bakery is truly a north shore anchor business. Despite closure for several months, due to COVID, customers returned en mass, a testament to the business’s thriving goodwill and deep community roots. Management’s quick reaction to the mandatory closure lead to implementing a new on-line ordering system and health and safety precautions. Additionally, this business has effortlessly cultivated an excellent reputation as an employer that enjoys high employee retention and satisfaction.
Owner and head chef has spent years developing trade secret recipes that incorporate local ingredients including breadfruit (ulu in Hawaiian, used for gluten free recipes) and purple sweet potato (ube). Local greens, vegetables and fruits are creatively incorporated liberally across menu items. Even the meats (sausages and pepperonis) are made in house.
Current owners are committed to the business’s continued success and agree to stay on for a training / hand-off period.
This sale includes the business’s goodwill, assets, and lease—no real estate is included. Ability to renovate the building may be limited. Details and financials can be provided to qualified individuals upon completion of Confidentiality Agreement.
New owners will enjoy not only the benefits of a profitable business; but also preserving the legacy of Kilauea’s best known, most loved, and enduring eatery. The Bakery has served millions of satisfied customers.
Location
State HI
Area Hanalei
Zoning C-N
Exterior
Pool No
Waterfront N
Building
Sewer Septic
Water County
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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