Busy US Virgin Islands Bar & Cafe For Sale

Location: United States Virgin Islands -> St. Thomas
Industry: Bars and Nightclubs > Bars and Pubs

Virgin Islands Bar & Restaurant For Sale $185,000Z! Are you ready to take a permanent vacation to the U.S. Virgin Islands and make some money too? Then this very successful bar, cafe and video poker business is for you! Bar & Cafe caters to the cruise ship and hotel visitors & it’s located in the heart of it all! We are considered the casual, most friendly bar in the downtown shopping district with tropical decor and tiki bar. The video poker alone pays for rent & utilities; bar and food revenues are a bonus. Unlike other businesses all the financials are quantifiable. 7 years left on lease with options! Located in main tourist area very close to the water! Must have F&B experience and financial means to view business. This is a perfect business for a couple or working partners. $45,000 worth of furniture, fixtures & equipment included in sale price. Come down and enjoy paradise & make a nice living too!

Financials

Asking Price Range: < $250K
Gross Revenues: $362,808
Cash Flow: $162,480
Cash Flow Type: EBITDA
Inventory: $45,000
Seller Financing: Yes

About The Business

Year Established: 1992
Number of Employees: 4 – 5
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease

About The Sale

Management Training and Support: Owner will provide 2 weeks of training.
Reason For Selling: New business ventures.