Popular Dessert Spot on the South Shore of Maui
Kihei, HI
| Asking Price: | $325,000 |
| Gross Revenue: | $400,000 |
| Rent: | $3,869/Month |
| Established Year: | 2018 |
| Cash Flow: | $109,000 |
| Inventory: | $45,000 |
| FF&E: | $125,000 |
Listing ID: 2201208Listing provided by BizBuySell
BUSINESS DESCRIPTION
Focusing on Artisanal Ice Cream Manufacturing
This small family-owned business in the heart of Kihei that has been in business since November 2018 is one of a kind on Maui. The store is focused on specialty sweets, ice cream and house baked bakery treats but also has the opportunity to grow through additional product lines such as shave ice and coffee offerings. This store is popular with both tourists and locals and has a strong social media presence across multiple platforms.
ATTACHED DOCUMENTS
DETAILED INFORMATION
Location
Kihei, HI
Inventory
Included in asking price
Real Estate
Leased
Building SF
600
Lease Expiration
31/07/2026
Employees
12
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The location is a 600 sq. ft location in a busy mall in Kihei. All equipment is owned by the business.
Additionally, it leases an air-conditioned storage unit which houses 6 month's supply of specialty ingredients used to produce the products sold.
Competition
While there are similar businesses in Kihei, this store is the only one that produces ice cream on site as well as other specialty items.
Growth & Expansion
The business currently has 2 wholesale accounts in place, prior to the pandemic it had over 12. Wholesale accounts and manufacturing is a huge opportunity for growth. Additionally, there is empty space next to the location that could be expanded into and with a small amount of additional space there is an ability to expand product lines and specialty retail products.
Support & Training
The store has a seasoned, well-trained staff. The Seller will offer 80 hours of initial training over a four-week period. Consulting and / or mentoring will be available beyond the 80 hours for an additional fee.
Reason for Selling
I am looking to sell as I need to homeschool my son.
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