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Business for Sale Overview:

Five Premier Locations. The Company operates five profitable turnkey, recently built out stores located in prime, high traffic retail locations, with long term leases and/or favorable landlord relationships. Stores are located throughout the US; business Head Quarters is Not in Hawaii but can be readily relocated to Hawaii or anywhere in US. One of the hottest concepts in specialty retailing. Exceptionally profitable, with consistent 60% gross margins, and explosive growth, from its launch in 2003 to $1.05 million plus EBITDA today. Sales per square feet average $1,100. Resilient vs. weakening economy; overall sales are up 20% May vs. 2007, and same store sales are up 6%. Business includes a very strong management team. Business has 35 plus employees. Exceptionally strong financial systems; financials are free of owner “discretionary expenses”. Numerous excellent candidate locations have been identified. Capital required for store build outs and inventory are low by industry standards. Includes Furniture, Fixtures, & Equipment with book value of $216,000, leasehold improvements with a book value of $455,000, and inventory of $485,000. Reason for sale: retirement. Seller will sign 5 year non compete agreement. Entity type: S Corp.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for 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.