13A Carolina, St John, VI 00830 (MLS# 23-189)


$650,000
13A Carolina
St John, VI 00830
MLS# 23-189



13A Carolina, St John, VI 00830
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Property Description
Got margaritas in paradise? We do!... SURF CLUB CANTINA is a 120 seat restaurant, bar and newly added merch/wine shop primed for a new owner turn key! Capitalize on a 20 yr lease renewal, Coral Bay waterfront views, soft sea breezes, tropical vibe, delicious + profitable menu. Community rooted, established destination for 7yrs with loyal customers served by experienced staff, new POS systems and much more. To convey is a large private island kitchen with warranted equipment, 12 foot hood system, walk-in cooler, freezers, rice cookers, line coolers, steam table, new small wares and more. A 50K generator called ''the beast'' makes certain all operations are stable, fully functioning during island power outages. With a highly profitable cantina themed menu and...

Details
Maps
Contract Information
Current Price: $650,000
Status: Active
Book Section: COMMERCIAL
Realtor.com Type: Commercial
List Date: 2023-06-14
List Price: $650,000
Location, Legal, and Tax Information
Parcel Number: 13A
Estate: Carolina
Quarter: Coral Bay
Island: St John
Country: US
State/Province: VI
Postal Code: 00830
Zoning: W-1WaterfrontPl
Restrictions: None
General Property Description
Business Name: SURF CLUB CANTINA
Building Size (+/-): 16000
Year Built: 2000
Lot Size In Acreage: 0.37
Lot Size In SqFt: 16117
DBA: SURF CLUB CANTINA
Hurricane Damaged Property: No
Addl Property Info
License: Barkeeper, Tavern,
Parking: ample
Utilities: all metered
Lease Information
Lease Options: yes
Lease Terms: 10/10
Ownership Info
# of Employees: 11
Years Established: 7
Financial Info
Gross Income: 1.6m + 400k
Property Features
Supplements
new branded merchandise and wine store, a new owner is set up for success. Listing price is based on success of Surf Club Cantina food/beverage gross, leaseholds, FFE, and 400K projections of new merchandise and wine shop, opening June 2023. Current operator has negotiated a super favorable 20 year lease renewal that ensure stability. Serious inquiries only; NDA required. First time owner or experienced hand, no worries, owner will include 2 weeks of hands on training and piggyback of licenses to ensure continuous operations.

Listing Office: 340 Real Estate Company LLC.

13A Carolina, St John, VI 00830 - MLS# 23-189
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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