Proven Concept -High Profit Margin- Prime Location in St Thomas, USVI
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Family run kettle corn business, 10 years in the Virgin Islands. Seeking a franchisee to operate our Havensight Mall location. Terms negotiable. Minimum buy-in of $60,000. 3-5 year contract.
NDA required for financials and valuation.
Must be able to relocate to St Thomas, USVI and actively operate the business along with 1-2 employees. Restaurant background helpful.
Island life.... you're going to LOVE IT!
NDA required for financials and valuation.
Must be able to relocate to St Thomas, USVI and actively operate the business along with 1-2 employees. Restaurant background helpful.
Island life.... you're going to LOVE IT!
About the Business
- Years in Operation
- 10
- Employees
- 3 (1 Full-time, 2 Part-time)
Owner-operated with 1 - 2 hourly staff - Franchise
- This business is an established franchise
- Facilities & Assets
- Current kiosk is nearing 6 years old - new design is in the works. At the end of our 2nd 5-year lease at the Havensight Cruise Ship Port... new 5-year lease starts in September. We are at the BEST location at this port.
- Market Outlook / Competition
- Revenue increased 24% year over year and 50% over year 2024. 1st Quarter of 2026 is 20% over same quarter 2025.
Wholesale Division is currently handling over $100k in revenue with accounts at local groceries, resorts, and airports in the 3 islands...... with plenty of opportunities to double that number! - Opportunities for Growth
- The CEO of WICO (controls the cruise ship bookings) has announced his intent to add another 30% to next year's schedule.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 150
- Rent
- $1,200.00 per month
- Lease Expiration
- 9/29/2031
About the Sale
- Seller Motivation
- Position myself out of daily ops to enable me to open on 3 other islands.
- Transition Support
- Initial two-week training plus on-going training as needed.
I am not leaving, just re-positioning myself into a support role for the operating partners.
Listing Info
- ID
- 2488338
- Listing Views
- 458
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Listing ID: 2488338 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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