195 WAIKAHE RD, HILO, HI 96720
Iconic Hawai‘i Skincare Brand & IP For Sale!
Listing Provided by: COMPASS
MLS #: 714940
MLS #: 714940
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.
Property Details
Price: $550,000
Sold Price:
Address: 195 WAIKAHE RD, HILO, HI 96720
Ownership: Full
Status: Active
Category: Business Opportunity
Type:
Sold Price:
Address: 195 WAIKAHE RD, HILO, HI 96720
Ownership: Full
Status: Active
Category: Business Opportunity
Type:
Total Bedrooms:
Total Bathrooms:
Full Baths:
Living Area: Square Feet
Listed by: COMPASS
Year Built: 1977
Levels:
Year Built: 1977
Levels:
Features and Amenities
Interior Features:
Exterior Features:
View: City, Forest, Garden, HIS Coastline, HIS Sunrise, Mountain(s), Ocean, Ocean Horizon, Pasture
Pool:
Pool Features:
Appliances:
Fireplace Features:
Flooring:
Security:
Laundry:
Fireplace Features:
Flooring:
Security:
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features:
Additional Structures:
Home Warranty:
Carport Spaces:
Parking Features:
Additional Structures:
Home Warranty:
Community Information
Project Name:
Subdivision Name: WAIAKEA HOMESTEADS
Association Fee: $0 Monthly
Subdivision Name: WAIAKEA HOMESTEADS
Association Fee: $0 Monthly
Stories:
Year Established: 2005
Year Established: 2005
Lava Zone: 3
Flood Zone: X
Flood Zone: X
Land Information
Lot Size: 185,522 Square Feet
Waterfront:
Land Lease Rent: $3,000
Lease Type: Other Lease Type
Land Tenure: Leasehold
Waterfront:
Land Lease Rent: $3,000
Lease Type: Other Lease Type
Land Tenure: Leasehold
Lot Features: Cleared, Grassy
Frontage: a:0:{}
Frontage Type:
Roads:
Roads Frontage Type:
Frontage: a:0:{}
Frontage Type:
Roads:
Roads Frontage Type:
Zoning: A-3A
Horse Amenities:
Horse Amenities:
Additional Details
Assessed Tax Value: $802,500
Annual Tax:
Tax Year:
Tax Lot: 1306
Tax Block:
Utilities: Electricity Available
Cooling:
Heating:
Sewer: Cesspool
Water:
Solid Waste Disposal:
Cooling:
Heating:
Sewer: Cesspool
Water:
Solid Waste Disposal:
First Listed June 5, 2025, 2:13 pm
Last Updated June 5, 2025, 2:13 pm
Listing Conditions: Leasehold
Property Condition:
Financial Info Available: Appraisal
© 2024 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. IDX and Information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service.