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195 Waikahe Rd

Hilo, HI 96720
  • $550,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 714940
UPDATED: 59 min ago
$550,000
  • 0
    BEDS
  • 185522
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1977
Area:

School Ratings & Info

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 businesstrademarks, 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.

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© 2025 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or LUVA Real Estate. Data last updated: 2025-06-16T07:35:16.823.
www.luva-realestate.com/homes/164611367
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195 Waikahe Rd Hilo, HI 96720

  • Price: $550,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 59 min ago
  • MLS #: 714940
0
Beds
0
Baths
0
½ Baths
185522
Acres
1977
Built
Neighborhood:
Waiakea Homesteads
Area:
South Hilo
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 businesstrademarks, 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.
Exterior Features

Carport Area Units Square Feet Exterior Area Units Square Feet Garage Area Units Square Feet Pool YN No Roofed Area Units Square Feet Topography Gentle Slope View CityCoastlineForestGardenMountain(s)OceanOcean HorizonPastureSunrise

Interior Features

Bathrooms One Quarter 0 Bathrooms Three Quarter 0

Property Features

Association Fee 0 Association Fee Frequency Monthly Business Type AgricultureManufacturingMixedWarehouseWholesale Common Interest None Elevation Units Feet Flood Zone X Land Tenure Leasehold Lava Zone 3 Listing Terms CashConventional Lot Features ClearedGrassy Other Building Area 4160 Other Building Area Units Square Feet Ownership Full Property Sub Type Business Real Property Sewer Cesspool Special Listing Conditions Leasehold Tax Key 324005038 Total Monthly Fees 0 Utilities Electricity Available Waterfront YN No Zoning A-3A

Listing information © 2025 MLS Hawaii, Inc. All rights reserved.
Listing courtesy of COMPASS.


© 2025 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or LUVA Real Estate. Data last updated: 2025-06-16T07:35:16.823.
 
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