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195 Waikahe Rd, Hilo, HI 96720

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For Sale

$550,000

4.26 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 4.3 acres
    Lot size

  • 41-50 Years Old
    Age

Explore this Property

Rare opportunity to acquire an iconic, successful Hawai'i skincare brand! Ola Tropical Apothecary, a 20 year old clean-beauty pioneer founded in Hilo, Hawai`i - is looking for the next generation of eco-minded entrepreneurs. This sale includes the entire business-trademarks, proprietary formulations, e-commerce website, Amazon storefront, international distribution accounts, and a seasoned operations team. Riding the global demand for natural, sustainably sourced products, Ola enjoys loyal spa, retail, and direct-to-consumer channels across Hawai'i, Japan, Switzerland, and soon the EU. Business Highlights: - Established "Made in Hawai'i" brand with all natural ingredients, consumer appeal and a 20-year market presence. - Debt-free, cashflowing operation with historically solid net margins. - Proprietary IP: signature spa protocols, 100 + product formulas, EU-compliant certification. - Omnichannel sales mix: local spas/retailers, luxury vacation destinations, Amazon, robust Shopify site. - Export momentum: decade-long sales in Japan, Canada and Switzerland, Italy launch in progress. - Licensing agreement with Ola Spa (Hilo) provides recurring royalty income. - Turn-key team covering production, QC, fulfillment, sales & marketing. Current owner and CEO is willing to stay on temporarily to facilitate a smooth transition. Facilities & Lease: - Currently operates from a roughly 2,000 square foot warehouse space with production, office, and climate-controlled storage areas. - Ample on-site parking, loading zone, and access to property gardens and orchards for ingredient harvesting per lease - Buyer may keep operations in place or relocate - equipment and operations can easily be shifted to a different facility. A Bank of Hawai'i valuation is available with a signed NDA, along with income/expense reports, lease, etc. This is a leasehold property.No fee-simple real estate transfers with the business.
MLS# 714940

Courtesy Of Compass

(808) 378-5447

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Wired
  • Lot Size
    4.26 Acres
  • View Type
    City, Forest, Ocean

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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