$4,750,000
$4,750,000
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73-1942 HAO ST Kailua-Kona, HI 96740
5 Beds
5 Baths
4,568 SqFt
Key Details
Sold Price $4,750,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 4,568 sqft
Price per Sqft $1,039
Subdivision Kaloko Mauka Subdivision
MLS Listing ID 671017
Sold Date 03/08/24
Bedrooms 5
Full Baths 5
Year Built 2008
Annual Tax Amount $12,535
Lot Size 20.000 Acres
Property Description
In the quiet moments of the early morning, as you take that first sip of your freshly brewed Kona coffee, you'll realize that your dream has become a reality. You're not just a coffee brand owner; you're a guardian of a legacy, a custodian of the Kona spirit. Every cup of coffee you serve carries with it the dreams and aspirations of Hawaii's coffee farmers, and the magic of Kona.
This is a rare opportunity to acquire a highly respected 100% Kona Coffee Brand and related Intellectual Property, $3.6 million plus annual sales, loyal customer following, real estate including a high occupancy, luxury vacation rental, wet mill, dry mill, roastery, farm store, and all related infrastructure.
Mountain Thunder Coffee Plantation's business model is vertically integrated:
*They grow 100% Kona Coffee on two properties totaling 33 Acres, of which about 19 Acres are planted in Kona Coffee
*They buy freshly picked coffee cherry from apprx. 40 local 100% Kona Coffee farmers
*They do all the processing - wet mill, dry mill, grading, roasting, and packaging on-site
*The retail store hosts an average of 100 visitors a day, seven days a week, for free tours
*They sell on MountainThunder.com and at retail including a 600+ subscription member Coffee Club
*They sell wholesale shipments made to accounts scattered across the U.S. and Europe
Mountain Thunder Coffee Plantation and its entire operation is available for acquisition.
Potential qualified prospects can receive an updated Opportunity Package with a signed NDA including the following:
1.) Outline discussing Business Segments
2.) Asset Category Overview
3.) Asset Valuation Allocation
4.) Historical Sales Reports (2017 - 2022)
5.) 2023 Sales - Actual to Date & Projection
6.) Comparative P&L Statement (2018 - 2022)
7.) P&L - January to November 2023
8.) Potential 1st year Accelerated Depreciation Model for acquisition and additional data.
Location
State HI
Area North Kona
Zoning A-20A
Interior
Flooring Carpet, Hardwood
Exterior
Garage Covered, Detached, Other (remarks)
Pool No
Waterfront N
View Coastline, Forest, Mountain, Ocean, Sunset
Building
Lot Description Grassy, Wooded
Sewer Cesspool
Water Municipal
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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Penn Henderson
HAWAII REALTOR® | License ID: RS-83962
HAWAII REALTOR® License ID: RS-83962