Oct 15, 2020
Nov 24, 2020
Listing RemarksPrevious listed as the property only, this incredible leasehold is now for sale including their award-winning Cherry Hill Estates brand. This is very lucrative, since it offers you the rare opportunity to make an immediate income and includes everything you'll need to continue operating at the same level of success. Completely turn key, this sale includes:
-An elegant 2 bedroom, 2 bathroom home with granite countertops, a spacious master suite, and a large lanai that captures breathtaking 180-degree views of Kealakekua Bay.
-A detached ohana with 2 additional bedrooms and one bathroom. Both the house and ohana are powered by solar energy, so you will not have any utility bills.
-15 acres of land, 10 of which are producing. Completely green, you can easily expect 20,000 pounds of cherry coffee per year.
-Their award-winning brand name, Cherry Hill Estates. More than just a variety of superior Kona Coffee, Cherry Hill Estates also produce coffee honey, macadamia nuts, avocadoes and peaberry beans.
-Access to their established customer base and vendors. Cherry Hill Coffee sells to many vendors locally and on the mainland.
-A successful online store.
-Assumption of the lease of their downtown Kona storefront location, called the Belcastro’s Kona Coffee Outlet store. Overlooking Kailua Bay and Pier, this prime location is the perfect spot to sell coffee to visiting tourists due to constant foot traffic. The sales between the online store and downtown location averages $270,000 per year.
-Everything you need to operate the farm: A 24ft x 50ft drying deck, a tractor with front end loader, forklift, and six-foot John Deere trail mower, pulper, 50-gallon sprayer, 4x4 farm truck, Bindig green milling system, 25-pound Dietrich coffee roaster, 2 commercial coffee grinders, 1500-pound capacity propane dryer, 60KW generator and two backup generators, plus all tools.
-3 million gallon pond built by the Army Corps of Engineers
|Address:||83-5796-D Hawaii Belt Rd , Kahauloa 2nd 96704|
|Lat/Long:||19.479006 | -155.8874589|
|Property Type:||Business Property|
|Living Area:||1,524 sqft|
|Assessed Land Value:||$140,500|
|Assessed Improvements Value:||$221,000|
|Annual Tax (Year):||2015|
|Garage Area:||0 sqft|