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Any Bars Available for Sale or Rent?

Marty on STT
(@Marty_on_STT)
Posts: 1779
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A friend of mine asked me this question and I couldn't think of any, so I thought I'd put it out to you folks. He's lived here in the past (he was here when I got here 13 years ago) and he's looking into opening a bar....

 
Posted : March 24, 2011 9:50 pm
 piaa
(@piaa)
Posts: 582
Honorable Member
 

Only STT or is he interested in STJ ?

Pia

 
Posted : March 24, 2011 10:34 pm
(@svglendora)
Posts: 2
New Member
 

I think Spyglass was for sale on St. John a few months ago.

 
Posted : March 25, 2011 11:15 am
(@Robob)
Posts: 34
Eminent Member
 

As far as I know Spyglass(bar/ restaurant) is still for sale. Captain's Cabin (bar) also located in Wharfside on STJ is for sale as well.

 
Posted : March 25, 2011 11:51 am
(@Ericw)
Posts: 277
Reputable Member
 

yes, there are quite a few. check the commercial mls

 
Posted : March 25, 2011 1:16 pm
Exit Zero
(@exit-zero)
Posts: 2460
Famed Member
 

The Margarita Phils 2cnd location -- the one in Frenchtown has been closed and for sale for over a year.
The old Fagioli location on the waterfront is for sale
A nice courtyard on the N. side of Main St across from Baretta Center used to be a bar and is for lease.

 
Posted : March 25, 2011 2:47 pm
Marty on STT
(@Marty_on_STT)
Posts: 1779
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All good stuff, I'll direct him to look on the board here...thanks, all!

 
Posted : March 25, 2011 6:53 pm
Jules
(@Jules)
Posts: 541
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Mini Mangoes at the end of the WIC dock is on the market.

 
Posted : March 26, 2011 8:39 am
Marty on STT
(@Marty_on_STT)
Posts: 1779
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Thanks, Jules...I'll pass it along...

 
Posted : March 27, 2011 2:10 pm
 jay
(@jay)
Posts: 353
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Molly's was on the MLS and it included the place upstairs too......That was a few months ago.....Not sure if it is still on there..

 
Posted : March 28, 2011 11:26 pm
Marty on STT
(@Marty_on_STT)
Posts: 1779
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Topic starter
 

I'll bet that's a pricey one, eh? Thanks!

 
Posted : March 29, 2011 1:58 pm
(@stxer)
Posts: 184
Estimable Member
 

Marty, I think you know that almost every bar and restaurant in the usvi is 'for sale' for the right price. As a failed bar and restaurant owner, my only advice to your friend is "buy low". He should put as little into the business as possible. There are many bars that are running on very low margins because they are paying someone else for the building, license and goodwill. There are several place around that are going broke and just want out.

 
Posted : March 29, 2011 9:05 pm
Marty on STT
(@Marty_on_STT)
Posts: 1779
Noble Member
Topic starter
 

Of course everything has it's price...but he lived here for about 7 years, so he's not going in this blind...and these comments are great, as I sent him the link so he could read what's being said, so please continue to post! Thanks, all!

 
Posted : March 30, 2011 10:02 pm
(@QueenofdeRock)
Posts: 89
Trusted Member
 

Marty

Molly Malones just went on the market!

Rockie

 
Posted : April 8, 2011 12:16 pm
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