Owner Financing is Available
Business for Sale Overview:
The opportunity to buy a production business in Maui, Hawaii is rare; especially one where you also have the opportunity to buy real property, the production plant. The current owner works only part-time (about 5 hours per week) and has not focused on the business during the last few years. Good expansion opportunities will be facilitated by the availability of low cost incremental manufacturing capacity expansions.
There are two production facilities: 1) the original facility leased from a third party and, 2) the manufacturing facility which is privately owned by the owners of the business and leased to the business. This real property was appraised by a bank at $410,000 in April, 2008.
Available for your purchase are either: 1) The Business and the Real Property together for $590,000; or, 2) The Business only for $225,000 and obtain a long term lease from the Seller.
Over the five year period of 2006 to 2010 the Company had annual sales of ranging from $237,200 to $524,400 and owner’s profits ranging from $43,300 (2009) to $213,700 (2006); this includes the value of the building rent.
Seller is offering 20% financing on the purchase of the Business and the Building together at six percent (6%) per annum over 60 months. In the alternative, Seller is offering 20% financing on the purchase of only the Business at six percent (6%) per annum over 60 months.
The great attractions of this business are: 1) there are very few production businesses on Maui, 2) the competition is limited; 3) most businesses on Maui are leasehold and do not own their own facility, 3) real estate provides better and cheaper financing, 4) the owners work part time, and 5) opportunity for long term real estate capital appreciation in Maui’s paradise.
For a Confidential Business Profile, which includes complete financials, photos, etc. please contact Tom Caltrider at 808-283-2067.
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.
Property Features and Assets:
Great opportunity to own a good business and real estate in Maui!
Reason for Selling:
Entering the ministry on Maui
Additional Details:
- The property is owned.
- The owner is 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.
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