Profitable Taproom with over 50 local craft beer, and Strong Beverage Margins on Hawaii Island

(JVHskigkIYjTqdSt0XbI7)close-up-bar-tender-filling-beer-from-bar-pump_107420-65347.jpg
Contact Broker
Mail Print Save

Restaurants & Food Businesses for Sale

  • Primary Category: Bars, Pubs & Taverns for Sale

Island Hopper Tap Room
A Rare Find — And It's About to Get a Whole Lot Better

Don't let this one go flat. Located in one of Hawaii Island's most sought-after resort corridors, Island Hopper Tap Room is a fully operational, turnkey taproom and casual dining concept — and it's ready to pour into the hands of its next owner.

The Pour is Strong Here:
With 70+ rotating taps featuring an ever-changing lineup of craft beers, ciders, and specialty beverages, Island Hopper has built a reputation as the go-to destination for visitors and locals alike. The food menu is crafted for efficient kitchen execution and broad appeal because great beer deserves great company.
Indoor and outdoor seating creates a laid-back, social vibe perfect for sports viewing, family dining, and everything in between. Live music indoors currently until 9pm twice a week and outdoor entertainment could be added with new ownership This place has lots of potential to tap into!

Location: Just a Hop, Sip, and a Jump from most Everything:
Situated within a premier resort destination retail center on the Kohala Coast, where Hawaii Island welcomes over 1.5 million visitors annually. Foot traffic here is no accident. Visitor daily spending regularly exceeds $200–$300 per person across dining, shopping, and activities. The customer base practically walks through the door.

Fresh Management. Fresh Opportunity:
Here's where it gets really interesting. The shopping center's incoming management team operates one of the most successful retail and dining destinations in the same trade area and they're bringing that playbook here. Think coordinated marketing, curated tenant mix, resort partnerships, and events programming designed to drive traffic and dwell time.
Comparable centers under this management consistently run above 90% occupancy.

Key Highlights:
70+ rotating draft taps, craft beer, ciders & specialty beverages
Indoor & outdoor seating in a resort retail environment
Full-service kitchen and bar
Active Restaurant General (B1) liquor license

Current hours are 11am-9pm daily, with live music twice per week
*License allows Live music indoors until 2:00 AM / outdoor entertainment until 10:00 PM

Turnkey operation:
Established systems and staff
High-margin, beverage-driven revenue model
New shopping center management with a proven, high-performing track record

The Bottom of the Glass:
Strong location. Stable operations. New management upside. Island Hopper Tap Room offers immediate income with long-term growth potential an all in one of the most desirable visitor markets in the Pacific.
This opportunity is on tap. Don't wait for it to run dry.

Owner Experience:
Strong community presence. Host of numerous fundraising events in benefit of local organizations, including an annual charity 5k.

Financial Information

  • $1,650,000 Asking Price
  • $580,000 Cash Flow
  • N/A Gross Revenue
  • N/A Down Payment
  • $300,000 Adjusted EBITDA

Business Location

  • City: Waikoloa
  • State: Hawaii

Reason for Sale

  • Owner is focusing on other business opportunities

Detailed information

  • Year Established: 2023
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: Yes
  • Full-Time Employees: 16
  • Part-Time Employees: N/A
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Inventory Included: Yes
  • Inventory Value: $60,000
  • Monthly Rent: N/A
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Building Size: 2000
  • FF&E Included?: No

Training/Support

  • The Seller isn't just handing over the keys and calling it last call. A transition period is on the table to ensure operational continuity, a seamless handoff, and the confidence that this business hits the ground running and taps are flowing from day one.

Facilities

  • Island Hopper Tap Room operates from a well-maintained retail unit at The Shops at Mauna Lani, one of the Kohala Coast's premier resort-anchored retail destinations, located at 68-1330 Mauna Lani Drive, Kamuela, HI. The space is thoughtfully built out to support a high-volume taproom and casual dining operation, with an attractive interior that balances sports bar energy with a relaxed, island-casual aesthetic. The Bar & Tap System The centerpiece of the operation is a large-format draft system supporting 70+ rotating taps, a significant capital investment that sets Island Hopper apart from virtually any competitor in the market. The tap infrastructure is built for variety and volume, showcasing craft beers, ciders, and specialty beverages at any given time. Dining & Seating :The space features a well-designed indoor bar and dining area complemented by an outdoor seating component. Ideal for capturing Hawaii's year-round open-air dining appeal. The layout supports a comfortable mix of bar seating, casual dining, and social gathering spaces suited for individuals, couples, families, and groups alike. Kitchen: A fully equipped, full-service kitchen supports the lunch and dinner menu as well as a dedicated kids menu. Designed for efficient execution and broad customer appeal without the complexity of a fine-dining operation. Licensing: The business holds an active Restaurant General (B1) liquor license, permitting live music indoors until 2:00 AM and outdoor entertainment until 10:00 PM . A significant asset that supports ongoing programming and event-driven revenue. Parking & Access: Ample customer parking is available within the shopping center, with convenient access for both resort guests and drive-in local traffic. FF&E Included: All furniture, fixtures, and equipment are included in the sale — making this a true turnkey acquisition. The incoming operator steps into a fully operational business with existing staff, systems, and infrastructure in place from day one.

Market Outlook/Competition

  • A Niche No One Else Has Tapped 70+ rotating taps, casual dining, sports viewing, and live entertainment. All under one roof. No competitor on the Kohala Coast combines all four. With 1.5M annual visitors spending $200–$300 per day, the demand is real. The competition isn't.
Business Listed by
image of Brent Wenner
Brent Wenner
Sunbelt of Hawaii
Show Phone Number
Listing ID
HAWAII001-59043

Contact Business Broker

"*" indicates required fields

This field is for validation purposes and should be left unchanged.
Name*
Newsletter

Similar Businesses for Sale

Image of Remodeled, Rebranded & Revitalized – Iconic 50-Year-Old Bar with Bohemian Soul Save

Remodeled, Rebranded & Revitalized – Iconic 50-Year-Old Bar with Bohemian Soul

Confidential, Hawaii

Tucked away in a classic Hawaiian town where time slows down and aloha is more than a word—it’s a way...

$180k Gross Revenue
N/A Cash Flow
Asking Price $375k
View Listing Save
Image of Popular Kona Fusion Deli for Sale – Own One of Hawaii’s Most Loved Eateries Save

Popular Kona Fusion Deli for Sale – Own One of Hawaii’s Most Loved Eateries

Kailua-Kona, Hawaii

Own the Sandwich Shop Everyone Talks About Seize the chance to take over one of Kona’s most talked-about foodie hotspots—Poi...

N/A Gross Revenue
$160k Cash Flow
Asking Price $575k
View Listing Save
Image of Cast your line toward success — This Exceptional Island Dining Concept Offers Both Profitability and The True Spirit of Aloha Save

Cast your line toward success — This Exceptional Island Dining Concept Offers Both Profitability and The True Spirit of Aloha

Pahoa, Hawaii

Business Opportunity: Unique Island Dining Concept in Pahoa, Hawaii Discover an extraordinary opportunity to own or license a one-of-a-kind island...

N/A Gross Revenue
N/A Cash Flow
Asking Price $475k
View Listing Save
Image of Profitable Karaoke Bar & Grill in Prime Kona Location – 16 Years of Proven Success Save

Profitable Karaoke Bar & Grill in Prime Kona Location – 16 Years of Proven Success

Confidential, Hawaii

Step into a thriving, turnkey hospitality business in one of Hawaii’s most sought-after destinations. This Karaoke Bar & Grill, a...

N/A Gross Revenue
N/A Cash Flow
Asking Price $200k
View Listing Save
Image of Highly-Rated Boutique Hotel & Plant-Based Restaurant w/ Real Estate Option Save

Highly-Rated Boutique Hotel & Plant-Based Restaurant w/ Real Estate Option

Pahoa, Hawaii

Turnkey boutique hotel & vegan café in Hawaii’s fastest-growing district. Consistent sales, strong reviews, loyal following & major expansion potential....

$168k Gross Revenue
On request Cash Flow
Asking Price $650k
View Listing Save