Business Overview:
Earn your investment back in a year! Here is a great opportunity for someone who wants to live and work in Maui’s paradise, have the opportunity to take this growing business to the next level, and be positioned to take advantage of the upcoming recovery of Maui’s real estate market.
This business primarily focuses on the related fields of vacation rental and property management and has a secondary focus on real estate brokerage, travel agency and insurance. The real property (across from the beach and zoned a mixed use condo) used by the business as the office is owned by the owner of the business is currently under contract for sale, which contract contains a leaseback to the owner of the business until the first week of May, 2010). Therefore, a buyer will have to relocate the Business to a new commercial space, which should be readily available.
In spite of the tourist recession (which began in April, 2008), sales have grown under the present owner to 2009 sales of %372,900. This growth is due to the significant investment of funds in marketing and web site development and optimization, which has resulted in two state-of-the-art web sites. The sale includes all assets needed including two world class web sites.
The absentee owner manages this business from California and is selling the Business because he needs to spend more time on his businesses there. An on-site owner/manager will be able to focus full-time on marketing and sales, and will not need the additional staff that an absentee owner uses.
Now is your chance to buy a great business at a very low price and get ready to take advantage of the improving economy in Maui and position yourself for long-term business growth.
Contact Tom Caltrider at 808-573-4752, with VR Mergers & Acquisitions for more details
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Owner/Seller lives on the mainland and wants to fo
Additional Details:
- The property is leased.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.