195 WAIKAHE RD, HILO, HI 96720

Iconic Hawai‘i Skincare Brand & IP For Sale!

Listing Provided by: COMPASS
MLS #: 714940
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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:

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Listed by: COMPASS
Year Built: 1977
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Features and Amenities

Interior Features:
Exterior Features:
View: City, Forest, Garden, HIS Coastline, HIS Sunrise, Mountain(s), Ocean, Ocean Horizon, Pasture
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Community Information

Project Name:
Subdivision Name: WAIAKEA HOMESTEADS
Association Fee: $0 Monthly
Stories:
Year Established: 2005
Lava Zone: 3
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
Lot Features: Cleared, Grassy
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Zoning: A-3A
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Additional Details

Assessed Tax Value: $802,500
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Tax Year:
Tax Lot: 1306
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Utilities: Electricity Available
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Sewer: Cesspool
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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

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