195 WAIKAHE RD Active Save Request In-Person Tour Request Virtual Tour
Hilo,HI 96720
Key Details
Property Type Commercial
Sub Type HIS Business Real Property
Listing Status Active
Purchase Type For Sale
Subdivision Waiakea Homesteads
MLS Listing ID 714940
HOA Y/N No
Rental Info 3000
Year Built 1977
Property Sub-Type HIS Business Real Property
Source Hawaii Information Service
Property Description
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.
Location
State HI
Community Waiakea Homesteads
Area 185522.0
Zoning A-3A
Region South Hilo
City Region South Hilo
Exterior
Utilities Available Electricity Available
View Y/N Yes
View City,Forest,Garden,HIS Coastline,HIS Sunrise,Mountain(s),Ocean,Ocean Horizon,Pasture
Topography Gentle Slope
Garage No
Private Pool No
Building
Lot Description Cleared,Grassy
Sewer Cesspool
Others
Ownership Full
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Leasehold