$240,000
5000 Enighed
St John, VI 00830
MLS# 13-32
Status: Closed



#1 Rated Restaurant on St John on Trip Advisor
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#1 Rated Restaurant on St John on Trip Advisor The sales counter and display coolers. Butcher block table with indoor seating. Notice the ample additional space for more retail items Numerous products are available with uncountable additional options Fresh Baked cookies daily helped Sam And Jack's earn the Best Bakery according to the Daily News large storefront with lots of natural light. Room for additional signage if desired The famous Stromboli the 'Peachy Peachy Pie' is monstrously delicious Open Kitchen Deli Cheeses and Meats are just a few of the offerings of grocery items Covered seating area out front offers Five 4 top tables and and Two 2 tops for seating for 26 people outside. Easily expand service to dinner outfront or use the space for cooking classes Branded company with diverse offerings chalk board menus with natural wood frames give rustic feel Sauces and Spreads are part of most provisioning orders and the 'villa basket' business that numerous Villa Management companies use for their guests Big sandwiches on homemade bread House made ravioli are just one of the many homemade pastas for sale at the deli The Bulky Rolls rising. Easy Recipes are ready to transfer to the new owner House roasted turkey without preservatives is something Sam and Jack's offers that can not be found anywhere else on island The Menu. Fresh Papardelle drying The stromboli finished #1 Rated on Trip advisor with over 140 positive reviews on this site alone #1 on google when searching Deli in St John The building is maintained to the highest levels Native Stone front counter has 2 display coolers, a chest freezer for smoothy ingredients, industrial coffee maker.

Property Description
#1 rated restaurant on St John according to Trip Advisor and Virgin Islands Daily News with huge local and tourist following. Fully turnkey operation with Deli, Bakery and Gourmet To-Go comfort food. Expanding catering and provisioning business offers huge future potential to subsidize strong daily sales. Numerous other revenue sources yet to be implemented. Website and branded marketing material included as well as extensive equipment inventory. Lots of parking makes location ideal for customers.

Details
Maps
Contract Information
Current Price: $240,000
Status: Closed
Book Section: COMMERCIAL
Realtor.com Type: Commercial
List Date: 2013-01-18
Sold Date: 2013-05-13
Sold Price: $240,000
Financing: Conventional
Location, Legal, and Tax Information
Parcel Number: 5000
Estate: Enighed
Quarter: Cruz Bay
Island: St John
Country: US
State/Province: VI
Postal Code: 00830
Easements: of record
Zoning: C - Commercial
Restrictions: None
General Property Description
Business Name: Sam and Jack's Deli
Building Size (+/-): 1300
Year Built: 2000
DBA: Sam and Jack's Deli
Addl Property Info
Parking: Lots of Parking
Lease Information
Lease Options: 5 years
Lease Terms: 3 years
Monthly Rent: 1491.66
Ownership Info
# of Employees: 4-6
Salary: WITH NDA
Total Payroll: With NDA
Hours: 9-6 M-Sa
Working Owner: No
Years Established: 2
Years Present Owner: 2
Days Open: 6
Form of Ownership: leasehold
Reason for Selling: Baby
Financial Info
Expenses: With NDA
Gross Income: With NDA
Net Income: With NDA
Gross Sales
Total: With NDA
Annual Expenses
Total: With NDA
Price Inclusions
Building: LEASE ONLY
Other 1: WEBSITE
Other 2: FB PAGE
Other Inclusions
Equipment Includes: All Coolers and Kitc
Inventory Includes: All
Property Features
Supplements
Tremendous goodwill and branded turnkey set up makes for seamless transition to new owner. Deli and grocery items very popular with locals and tourists. Huge potential for growth includes quickly growing catering and provisioning business offering additional revenue source. Floor plan allows for planned future kitchenware retail operation for even more revenue without increasing expenses. Room in display coolers to add butcher shop or fish market business as well. Branded grocery items allow for boutique grocery exports and gifts. Simple ice cream recipe allows for wholesale operation to grocery stores. Current whole sale sandwich operation to Gallows Point could be expanded to other hotels and grocery stores. Previous cooking classes were popular. All recipes, employee manuals, branded marketing material and website to convey with sale, which would allow for easy franchising.

Listing Office: Re/Max Island Paradise Realty, Inc.

5000 Enighed, St John, VI 00830 - MLS# 13-32
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