Tupelo Data Room
Clothing & Accessory Stores
Active

Own a Hawaii Boutique with Heart, History, and High Demand

Kailua Kona, Hawaii County, Hawaii 96740, United States
listing image
Asking Price$695k
Revenue-
EBITDA$184k
Cash Flow-
Description
Mystic Closet Hawaii is a thriving, island-inspired ethical fashion and lifestyle brand with a rich history of growth and community engagement. Established in 2007 as a local market popup, Mystic Closet expanded into its first boutique in Pāhoa in 2013, and now operates multiple retail locations across Hawaii — including Hilo and Kona — with a well-developed online presence and strong brand recognition. This turnkey business offers an exciting opportunity to acquire a highly regarded, values-driven company with a proven sales track record, loyal customer base, and significant growth potential.
Real Estate
Leased
Furniture Fixtures & Equipment
$25k
Inventory
$205kIncluded in Asking Price
Number of EmployeesPart-Time: 2Contractors: 15
Year Established
2007
Reason Selling
Retirement
Facilities & Assets
The facilities include 3 Retail Locations: Pāhoa (its flagship store), Hilo (on Bayfront), and Kailua Kona at the Kona Inn Shopping Village, an oceanfront retail destination.
Support & Training
This established team offers a turn-key opportunity for the new owner to step into a successful operation and maintain the stores living up to their strong reputation.
Market & Competition
Mystic Closet offers a truly unique selection of clothing, setting it apart in the retail market on the Big Island. While the industry is highly competitive, the owner has carved out a niche with styles not commonly found in other boutiques. The closest competitor is Jungle Love in Hilo and Pāhoa, as other boutiques feature distinctly different clothing. Customers who have shopped at Mystic Closet recognize the distinctiveness of the collection, which further solidifies the store’s individuality
Growth Opportunities
● Reorder Top-Selling Designs for Immediate Revenue Boost ● Scale Up In-House Production to Meet Growing Demand ● Expand Product Lines (Men’s Wear, Plus Sizes, Herbal Products) ● Strengthen Online Sales; Marketing for Outer Island, National & International Reach
Financing Options
Seller financing is available with 50% down.
Asking Price$695k