Own a Piece of Island-Inspired Fashion: Profitable, Ethical, Sustainable
Retail Businesses for Sale
- Primary Category: Clothing & Accessory Stores for Sale
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.
Financial Information
- $695,000 Asking Price
- N/A Cash Flow
- N/A Gross Revenue
- On request Down Payment
Business Location
- City: Kailua Kona
- State: Hawaii
Reason for Sale
- Retirement
Detailed information
- Year Established: 2007
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: No
- Full-Time Employees: 2
- Part-Time Employees: 2
- Contractors: 15
- Owner Worked Hours/w: 25
- Adjusted EBITDA: $183,600
- Inventory Included: Yes
- Inventory Value: $205,000
- Monthly Rent: N/A
- Real Estate Available: Yes
- Real Estate Included: No
- Real Estate Value: N/A
- FF&E Included?: Yes
- FF&E Value: $25,000
Training/Support
- 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.
Facilities
- 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.
Market Outlook/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
Real Estate Description
- The Mystic Closet operates three retail spaces on the Big Island of Hawaii. The Pahoa store features a cozy café that helps offset rent and offers the unique opportunity to purchase the property. The Kona and Hilo stores both run on year-to-year leases, providing flexibility while maintaining a strong presence in two of the island’s most active communities. Each location supports a growing customer base and a vibrant local vibe.
Business Listed by
Brent Wenner
Sunbelt of HawaiiContact Business Broker
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