Kayak, SUP, and Snorkel - Ocean Recreation Tour & Rental Business

Kahului, HI (Maui County)

Kayak, SUP, and Snorkel - Ocean Recreation Tour & Rental Business
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Asking Price: $475,000

Cash Flow: $167,532

Gross Revenue: $466,398

EBITDA: N/A

FF&E: $100,000

Inventory: N/A

Rent: $1,233 /Month

Established: 2003

Kayak, SUP, and Snorkel - Ocean Recreation Tour & Rental Business

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Business Description

This is a kayak, snorkel and SUP recreation business that provides rentals & tours in West and South Maui. The business advantages are: 2 very valuable launching ermits
that can not be obtained by any newcomer, a stable staff, along with contracts with over 15 different activity companies. Google ranks their website on the 1st page in its search category, and with multiple external internet partners, they attracts visitors from all over the world. The 2 current owners each work approximately 20 hours per week simply taking reservations and overseeing the store front. This is the ideal lifestyle; living, working, and playing on the beach.

Detailed Information

Real Estate:
Leased
Building SF:
685
Lease Expiration:
12/31/2019
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
685 sq ft, Base rent $1,233 + CAM. Remodeled in 2015. They also rent an equipment storage area. Current lease expires 2019-12-31. An additional 4-year lease may be available.
Reason for Selling:
Moving to the mainland.
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(from currently available funds)
 
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Michael Capuano

Business Listed By:
Michael Capuano

Millennium Realty Inc

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