Waimea, HI 96766,4473

$2,340,000

Est. payment /mo

$2,315,000

1.1%
Est.Price: ?

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4473 Waimea, HI 96766

1.99 Acres Lot

SOLD DATE : 08/14/2023

Key Details

Sold Price $2,340,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Kukui Grove Village - West

MLS Listing ID 669145

Sold Date 08/14/23

Year Built 1992

Lot Size 1.989 Acres

Property Description

Imagine living in paradise, boating as often or as little as you choose, and still making close to $1 million a year! Many outdoor activity businesses come and go in Hawaii each year. However, few last 26 years with revenues well above $1 million, and market value of equipment of at least $620,000.

Comes with fully equipped Zodiak "raft", seating 28 passengers, and a leased retail /check-in center. Also included, back-up new twin, Suzuki 250 engines to ensure your business continues to operate.

The market is quite competitive but is divided into three specific areas on Kauai; the North Shore (Hanalei), Eleele (Port Allen) which houses the largest boats and Kikiaola (housing several small "rafting" companies. Each has its benefits. For this company, Kikiaola Harbor is located much closer to the Na Pali Coast than Port Allen, which lowers the cost of gasoline and allows for more frequent sailing trips as the harbor is located 30 minutes +/- closer to the Na Pali Coast each way.

The Seller has an additional "raft" which could be sold to a buyer.

To transfer required State of Hawaii commercial boat launch permit.

All business buyers and realtors will be required to sign an NDA.

**TMK does not reflect the actual business location.

Location

State HI

Area Lihue

Building/Complex Name DYNASTY COURT

Zoning C-G

Exterior

Pool No

Building

Water Other (remarks)

Others

Acceptable Financing Cash, Other (remarks)

Listing Terms Cash, Other (remarks)

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Hawaii Information Service(HIS)
Listed by Island Business & Commercial Brokerage
agent

Lori Benkert

Broker/Owner | License ID: RB-22897

+1(808) 212-8900

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