Kauai, Hawaii Outdoor Recreation Business
This highly popular and financially successful outdoor recreational activity business in Hawaii’s “Garden Isle” of Kauai is being offered for sale on a completely turnkey basis including all assets, operating permits and all future booked reservations.
Since its founding over 10 years ago, this business has been consistently voted as one of Kauai’s best outdoor activities.
Investment highlights include:
Excellent location, close to many thousands of customers
State of the Art facilities and well-trained staff
Excellent brand awareness and customer preferences
Favorable long-term retail and operating leases
Fully permitted by the County
Consistent revenue growth and an excellent history of price increases.
Excellent market position and they expect to see market share growth.
Financial Performance in 2019, the last full year before Covid:
Owner’s Profits (SDE): $300,100
Visitor Market Recovery. The Kauai Visitor market, after a tough Covid period, is now experiencing very fast recovery in demand growth. The 2 charts below, based on numbers of visitors per year and per month in Kauai, show how tourism declined significantly beginning in March 2020, when Covid began, the recovery beginning at the end of 2020 through 2021, and the very dramatic jump in visitors during January 2022 (the most recent data available), with 383,000 visitors during just one month (the biggest single month ever), reflecting a back log in demand as people start to get beyond Covid.
Given the excellent market position and operating location, proven profitability, and opportunities to increase sales and market share going forward, this business offers a great opportunity for the right buyer to build upon this already successful business operation.
Listing ID: Kauai Activity
Location: Kauai, Hawaii
Type of Entity: LLC
Year Established: 2010
Industry or Business Category: Outdoor recreation
2019 Source: Tax Returns
Asking Price: $900,000
Inventory included in the Price: None
Tangible Assets (F,F&E): Gross Investment $1.2 million
Non-Compete: 5 years
Training: Two (2) weeks
Sale Reason: Re-invest in new business opportunities
Status: Two Leased Locations (Retail and Operations)
Monthly Rent: $19,084 per month; $229,000 per year for both locations
Sq. Ft.: 1,235 sq. ft. retail and multiple acres for the outdoor activity area.
Lease Expiration Date: 2030
NUMBER OF EMPLOYEES
Ranges from 6 to 10
COMPETITION & Pros and Cons of Business
The number of competitors declined during Covid and this Business expects to pick up a material increase in market share.
Growth thru market share expansion and increased effort on sales and marketing.
6 days per week (Monday thru Saturday) 8 am to 5 pm
To receive a detailed 50 plus page Confidential Business Profile with full business information and tax return-based financials, please contact us for a Non-Disclosure Agreement.