Retail - Other Food Stores

Asking Price	$50,000	Inventory	$5,000*
Gross Income	$100,000+ proj	Real Estate
Cash Flow	Not Disclosed	Year Established	2007
FF&E	$38,000*	Employees	2

* included in the asking price

** not included in the asking price

This business is built out with eye-catching appeal to the open air market it is located in, right next to the food court restaurants, and the vegetable stands. The Kona International Market is approx. 2 years old, comprised of 5 large buildings, housing many retail businesses. A new very large shopping center is being built across the street, bringing more traffic into the area. They purchase only island caught fish of highest quality. There is a certified kitchen, and a separate office space within the business. There are refrigerated showcases on 2 sides to display the fresh fish. The owner also built out a 2nd floor with same square footage as floor level to be used as the business expands. There is an additional storage of 500 sq. ft. behind the building which is plumbed and wired for an ice machine, as well as more freezer space.

Facilities: Kona Katch Seafood has been open for 6 months, located in the Kona International Market. Buildout cost $190,000. New fixtures/equipment purch. Aug., '07. Lease 5 yr. w/5 yr. option, rent approx. $2,800. Has certified kitchen and office.

Competition: This is the only fresh fish market in town, located in prime area with lots of traffic. Plans for shipping fresh fish to mainland restaurants, and selling over internet.

Growth/Expansion: The owners built out the premises with the plan to sell locally, as well as over internet, and to mainland restaurants, as well as making their own ice.

Financing: Financing with 20% down.

Support/Training: Seller will provide 30 days of hands-on training ; after that on consultation basis for 6 months.

Reason Selling: Seller suffered bad heart attack and hurt knee. Needs to cut back.