Fabric Mill : Mongoose Junction, St. John Retail Store for Sale
Thirty Years in Business on St. John!!! A tried and true successful business formula has been created and proved over many years. This is your opportunity to benefit from the hard work of this owner over many years.
Wonderful location within the nicest shopping plaza on beautiful St. John, US Virgin Islands- Mongoose Junction. Heavy traffic area filled the finest of shops and boutiques. The entire complex is built of stone with Mahogany doors and windows, for a very high end finish.
Current lease runs through May 2013, but landlord is willing to enter into a new lease with buyer- likely a 5 year with a 5 year option. Very affordable rent includes CAM and taxes, with a small additional fee to cover parking assessment. There is also a merchants association to boost advertising for the entire complex.
FABRIC MILL boasts top of the line vendors such as:
It has been very successful for thirty years, to both locals and tourists alike. Most of these vendors are exclusive to the store, so you are purchasing the opportunity to sell these successful lines.
The store itself is 300 square feet interior, with an addition (approximate) 50 square feet in back porch area- not to mention the large courtyard just outside the front entry where people gather.
A new air conditioner was just installed, and the store is built out to the highest of standards.
This is a rare chance to purchase a successful business at a very low price. Inventory will be sold at price to the buyer, as well, creating a completely turn key business ready to bring in cash on day one.