Kailua-Kona, HI 96740,73-1942 HAO ST
Kailua-Kona, HI 96740,73-1942 HAO ST
Kailua-Kona, HI 96740,73-1942 HAO ST
Kailua-Kona, HI 96740,73-1942 HAO ST
Kailua-Kona, HI 96740,73-1942 HAO ST
Kailua-Kona, HI 96740,73-1942 HAO ST
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$4,750,000

$4,750,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

5 Beds

5 Baths

4,568 SqFt


SOLD DATE : 03/08/2024

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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Hawaii Information Service(HIS)
Listed by Refocus Realty LLC
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