Cafe In American Paradise In US Virgin Islands For Sale

Business description

Village Cafe is a quaint, outdoor sidewalk cafe located in Wharfside Village on the beautiful island of St John in the United States Virgin Islands. The Village Cafe sits approximately 200 yards from the ferry dock , which is the primary point of entry and departure for St John visitors, local commuters and merchants.

The little stone building in which the cafe kitchen is located has been an outdoor cafe for more than 15 years and was renovated this past fall with all new kitchen equipment, new plumbing, lighting and more. The cafe has all the required permits and approvals, and is fully licensed to serve alcohol. Also included are four outdoor, round marble top tables for dinners, however, the cafe mostly services "to go" customers.

With a compact kitchen interior, the cafe services a take-out crowd for morning breakfast sandwiches and delicacies, easy, convenient wraps and sandwiches for lunch and afternoon frozen alcoholic drinks. The cafe is typically open from 7am to 7pm. However, a creative, energetic owner could easily increase revenues multi-fold by maintaining evening hours and serving dinner. The clientele is a mix of tourists vacationing in St John, as well as local residents.

Over the last several years, net revenue has approximated $75,000 to $85,000 on roughly $250,000 in annual sales. The Café has a new lease of 5 years with three five year options.
Seller is motivated to sell and has marked down the price to $95,000 (cash) for a quick sale.

Property information

Real Estate:

Lease

Lease terms:

The Cafe has a new lease of 5 years with (3) 5 year options. Included are all the Virgin Islands permits needed to serve alcohol, business license, fire inspection and health certificate.

Location:

St. John, the smallest & most idyllic of the three United States Virgin Islands, is best known for its dozens of post card perfect white sand beaches, turquoise bays abounding in colorful corals & rainbows of tropical fish & endless vistas of green velvet hills. Only nine miles long & three miles wide, two thirds of the island is the Virgin Islands National Park, so its spectacular beaches & untouched forests will remain that way for generations to come & be accessible to all. Frequent visitors to St. John are beach lovers who aren't content to only read about St. John in books but are always ready to go back to the beach.
While it is only twenty minutes from St. Thomas by convenient hourly ferry, St. John is the peaceful, uncommercialized paradise of island fantasies. It has no high-rise buildings, cruise ship docks or airport.

Despite its unspoiled atmosphere, it offers every facility & amenity found at major resorts.

Village cafe is located in Cruz Bay, the major town where the ferrys dock, on the west end of the island facing Red Hook in St. Thomas. It is connected by well maintained paved roads to most of the bays & beaches. The spectrum of accommodations offered at every budget level include two luxury resort hotels, privately owned million dollar villas & private vacation homes with million dollar views, sophisticated condominium apartments, guest houses & small inns with lots of atmosphere & campsites in the National Park.

Premises details:

Wharfside Village is a unique collection of shops, restaurants, bars, galleries and water sport centers nestled at the foot of the ferry dock in Cruz Bay, the heart of St. John. Colorful terra cotta tile roofs, flowing tile-covered waterside walkways, vibrantly-colored Caribbean buildings and shutters, flowing bougainvillea and breathtaking views of one the most spectacular bays in the world greet you as you arrive at the finest of the three US Virgin Islands. This is like no other place in the world.

Business Operation

Reasons for selling:

Seller in MOTIVATED and has reduced the price to $95,000 (cash) for a quick sale

Trading hours:

7am - 7pm but can be extended

Years established:

15 years