because I'm done with the cold and enjoy snorkeling too much
Only $179k and has an operational commercial kitchen? 
Fractional ownership GRM Dork World HQ. I'm in!
GRM Clubhouse
I wonder if that includes the real estate or is it just the business and you pay rent? Hmm. Snorkeling is fun.
A commercial kitchen in the islands is much different from one in the USA. Regulations vary a bit as far as operation, and cleanliness.
That being said, that really does not look like a bad way to go
I lived on st Thomas for a while. Vacationing in the VI is very different than living in the VI.
In reply to oldtin:
As I'm not physically able to do much, storage and size of living space don't matter much to me, an enjoyable setting and low key enjoyment during down time does. (Hence looking in the islands)
That does seem rather cheap for "the most popular restaurant", am I missing something blindingly obvious?
In reply to captdownshift:
Look into Belize instead.
In reply to BoxheadTim:
I doubt that it's "most" popular, but it may well have done a decent business, I think many of three most popular restaurants at such destinations, even if they aren't the best in terms of food, are the ones closest to the cruise ship ports or that advertise with the local resorts.
I'd of course be looking into monthly and quarterly numbers if the seller were to make them available, along with recipes and contacting local wholesale suppliers to get an idea on operating cost.
captdownshift wrote: because I'm done with the cold and enjoy snorkeling too much
In. Tell me where and when.
I've seen plenty of episodes of bar rescue and resteraunt nightmares, i got this E36 M3.
Hmm need an investor?? Maybe if we had our saving phase done. I wish I'd started saving younger!
If you do, you could pick up this beaut
I sent this to my wife. We'll see.
We were just talking about something like this, but in the Fla. Keys
Are you allowed to work in the VI?
Island life is interesting. So is the hospitality industry. If suited to them, this could be perfect. If not suited to either one, it would be hell.
If it really is such a good deal, why has a local not grabbed the opportunity?
If you do look into it, check to see what the regulatory overhead is like; is it an overbearing bureaucracy or a mob-style "greased palm" arrangement?
Running a restaurant at that level is going to be a physical endeavor. Plus there is the equipment maintenance. If it breaks, it will be you on the line to fix it. There might be a repairman on the island, but chances are he will be out snorkeling or fishing when you need him.
GameboyRMH is a member here and I believe he lives in Barbados. Give him a shout for an insider's opinion of the Island life.
In reply to NOHOME:
Though not the tropics, I lived on Hatteras island for 2 years and in west ocean city, Maryland for 3. I enjoyed the off season life even more then high season.
I've already lost my money in a restaurant, I'll sit this one out and come visit when wearing a GRM shirt assures me good seating.
The VI is much similar to a third world country than a u.s. state outside of resorts. Food supplies are pretty expensive. Govt stuff is, well, arcane at best. The rich folks do more shopping in Miami or Atlanta than the VI.crime can be a significant issue. Used to be a major waypoint for importing drugs. Not sure about now. St. croix was a bit more violent than st. Thomas, but it alternated investigate thoroughly..
captdownshift wrote: In reply to NOHOME: Though not the tropics, I lived on Hatteras island for 2 years and in west ocean city, Maryland for 3. I enjoyed the off season life even more then high season.
I was born and raised in ocean city Maryland. Like others have said, vacationing in a tourist area is much different from living there. I'd assume the reason no locals have bought it is because they are broke, as most locals in a tourist area are. Most of the jobs are seasonal, minimum wage jobs, so there's not much extra $$ in your pocket, and no reason for a bank to loan you some.
In reply to MDJeepGuy:
I feel like there's no way that we haven't crossed paths before haha.
In reply to captdownshift:
With OC in the mix, I'm sure we've been drunk near each other at some point.
We need to do a GRM/Hunt Valley meet
In reply to MDJeepGuy:
I'm currently unable to drive due to medical reasons, but I'll show off some epic driving roads in southern York county fit for a jeep or for a sportscar in exchange for a ride from Parkville if you're ever up for it.
I'll be up for it when it's warmer. You'll love this. I lived in Parkville 10 years ago. In laws are still there. Son just moved from there.
Where in parkville?
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