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Newly Established Restaurant for Sale in St. Thomas, U.S. Virgin Islands

Recently opened upscale casual restaurant on a lucrative island receiving 40 customers daily.
This transaction has concluded.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales USD 780 thousand
EBITDA Margin 40 %
Industries Restaurants
Locations  St. Thomas
Local Time 1:44 AM America / St Thomas
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 3 million (Native Currency: USD 3,000,000)
Reason: We love our new business, however, we are interested in moving on with new ventures. The business is... View More
Includes physical assets worth USD 150 thousand
Interested to connect with advisors
Documents
Business Overview
- New restaurant on a booming island, we have an amazing concept.
- Since w be have been open we have been having great feedback.
- We receive around 40 customers daily.
- The seating capacity of the restaurant is 72 pax.
Products & Services Overview
- Full-service upscale casual restaurant.
- Bar.
Assets Overview
All equipment, furniture, dishes and remaining of lease.
Facilities Overview
Restaurant is located in the west of the city on a 2,000 sqft area with a monthly rent of USD 6,000.
Capitalization Overview
- Family own business.
- A few outstanding expenses to pay but doesn’t equal more than USD 350k. This will be discussed with the buyer.
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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