St Maarten Beach Bar Business For Sale On Philipsburg Boardwalk

$450,000

$450,000

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BATHS

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Sale

Property ID: 248
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    Newly Renovated Pirates In Paradise St Maarten Beach Bar For Sale

    This SXM beach bar is for sale turn-key with newly renovated interiors and exteriors. Small retail space inside the bar offers additional rental revenue. The location is 30 seconds walk away from the cruise passenger drop-off terminal. The owner is selling due to an unforeseen relocation.

    Pirates In Paradise is a SXM beach bar and restaurant. The number one rated Restaurant & Bar on Trip Advisor in the town Philipsburg on the island of St. Maarten. 115 reviews with a loyal following that makes your business plan easier. Start your income today. Offering American cuisine made popular by its own brand Pirates In Paradise. This fun restaurant & bar is strategically located on the world famous Philipsburg Boardwalk, facing the beautiful Great Bay. This is where all of the cruise ships park and unload thousands of tourists to walk right in front of this famous restaurant & bar. In 2015, 1.9 million cruise ship passengers came to St. Maarten!

    You couldn’t ask for a better location for this incredible walk by traffic. This fantastic business opportunity also includes 50 beach chairs right in front of the restaurant on the beach, offering tourists beach service for food and drinks as they relax in the sun and swim in the beautiful Caribbean Sea.

    St Maarten Beach Bar Restaurant Business For Sale
    Sept 2022

    The beach bar and restaurant accommodates seating for 50-60 people, plus there is a room to set up a retail shop selling T-shirts and other tourist gifts if you wish. All parts of te beach bar offer incredible views of the ocean, cruise ships and Caribbean sunsets. It has a large kitchen with a walk in freezer, including multiple storage rooms.. This great business opportunity will not last long, so please inquire right away if you dream of owning a beach bar and living in Paradise.

    Top Beach Bar

    What fun! And you can’t beat the price of beer. Right on the boardwalk makes for great views of the beach and the cruise ships. Most fun is seeing all the Ohio State memorabilia! Tables, chairs and bar stools looking out to Great Bay. Even the slow service can be a gift; gives you time to enjoy the view. Bathrooms are around the corner, out of the bar area, and past all souvenir shop. Next time to the islands, we will be back to this friendly bar!

    Very hospitable to these Clemson Tiger fans. The beach chairs and umbrellas, buckets of beer and WIFI aong with the LOCATION LOCATION LOCATION made for a GREAT beachday! We definitely plan to come back!

    The Beach Bar

    • Currently on a very favourable lease term.
    • The rent is $4200 per month.
    • The location includes a boutique which can be rented for $1700 per month.
    • Possible income of $150k a month in peak-season.

    Beach Bar Capacity

    • 16 seats outside
    • 20 tables inside – 40 seating
    • 30 bar seats
    • Allowed up to 50 beach chairs

    Buying A Business In St Maarten

    • Its easy. Most St Maarten’s beach bars are sold separately to the real estate, so its just a transfer of shares.
    • Even though its not customary, you can use a Notary to conclude the transfer of shares.
    • If you are buying the real estate; there are no Property Taxes or Capital Gains Tax in St Maarten. There is a 6% Gross Cost which includes Government Transfer Tax, Notarial fees and bank transfer fees.
    • All St Maarten beach bars have to comply with Government licensing regulations.
    • Applying for a Beach bar business license is also very easy. Just ask us if you have any concerns. We do this all the time and we appreciate this is a foreign country for some of you.

    Buying or Renting Property in St Maarten

    Buying or renting real estate in St Maarten is safer with Century21.

    St Maarten

    • 0% Property Tax.
    • 0% Capital Gains Tax.
    • 4% Property Transfer Tax and 1.5% Notary fees.
    • 2 months Security Deposit for rentals.
    • As a buyer or tenant our service to you is complimentary!
    • We are available 24/7 and we speak 9 languages.

    FINANCE CALCULATOR

    Accurately providing a finance calculaton for your mortgage, owner or partial finance calculation.
    Yes we can help you get a bank finance deal!
    Contact us for a quicker decision from the banks!

    Transfer Tax

    4%

    Property Tax

    0%

    Capital Gains Tax

    0%

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    Ritika Nanwani

    Owner / Head Broker

    +17215261819 ritika@c21sxm.com

    Ritika Nanwani will call you as soon as possible

    No obligation phone call. Think of me as a friend in paradise!


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