US Caribbean: restaurant on the water

St Thomas, USVI
on the water
Asking Price:$495,000
Established Year:2023
BUSINESS DESCRIPTION

Waterfront opportunity in the heart of Frenchtown. Formerly known as Hook Line and Sinker this beloved establishment is ready for a new visionary owner to take the helm. With its unparalleled waterfront location, the restaurant offers guests stunning views of the harbor and quintessential Caribbean ambiance. The spacious interior includes a versatile dining area, fully equipped kitchen and bar area allowing for a range of concepts from upscale dining to a casual seaside eatery. The restaurant's established location and loyal local and tourist customer base offer the perfect foundation for a new owner. Don't miss out on this unique chance to own a dining landmark in St. Thomas. Embrace the opportunity to be a part of Frenchtown's dynamic food scene. No real estate is included in sale. Request NDA. POF required. Previous restaurant experience required.


DETAILED INFORMATION
Location
St Thomas, USVI
Inventory
Not Included in asking price
Employees
5
Facilities
Dedicated parking lot for up to 10 cars. 45kw generator. Large roomy kitchen. Extra rooms for storage. "To Go" shed with window (built during Covid). 80-100 dining room seats + 20 outside seats + 7 bar seats. 2 dishwashers and ice machine are leased.
Competition
The Frenchtown area is known for its restaurants and bars. Locals and tourists alike frequent the area.
Growth & Expansion
There is a room off of the dining room that could be used for private parties or as a large office. Currently storage.
Support & Training
Make request. Owner operators have been operators on island for 20+ years
Report an Issue with this listing
profile-img
Karen
Korsgren
logo-img
Karen Korsgren