Kona Kohala Blog

January 17th, 2009 7:01 AM

Circuit City was on hold for their new store in Kona Commons but now, Circuit City is no more.  It's sad to see businesses shut down; usually blamed on the bad economy but more than likely, on their way out anyway.

I have limited experience with the store but from others I've talked to, the message is the same, no service.  Poor service is probably the number one reason businesses go out of business.  Anyone in the service industry can exponentially improve their chances for success by providing excellent service, a message that falls by the way side when the market is hot.

The opportunity is a big new building sitting empty in an area with lots of empty commercial buildings.  This is a great opportunity for a national chain to plant themselves in the middle of one of the fastest growing areas in the country.

We will pull out of this down swing, we always do.  Those who use this time to position themselves for the future stand to gain the most.  The same is true in the housing market where so many homes and condos are empty.  There is opportunity there whether you want to live by the water or on a cooler more elevated lot in say, Makalei Estates or some other beautiful subdivision where low prices and abundant inventory offer something for everyone.


Posted by Robert Ferrari on January 17th, 2009 7:01 AMPost a Comment (0)

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