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Overview

  • Updated On:
  • December 21, 2024
  • 0 ft2
  • 0 Rooms
  • 0 Bedrooms

$ 220,000 Listing #24-1431
Pollys Strand Street FR,

Property Address

Address: Pollys Strand Street FR
City:
State/County:
Zip: 00850
Country: St. Croix
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Description

Polly’s at the Pier, St. Croix’s Neighborhood Cafe! A renowned culinary gem that has captured the hearts of locals and visitors alike. Known far and wide, Polly’s is more than just a restaurant–it’s a must-visit destination on St. Croix and a favorite spot for locals. Situated in a prime location, this beloved eatery is among the first stops for cruise ship passengers, a major add value to an already booming establishment. Polly’s at the Pier isn’t just about the location; it’s about the experience. The thoughtfully crafted breakfast, brunch, and lunch menu has earned a loyal following, with patrons returning time and time again, sharing their love for Polly’s far beyond the island’s borders. It has a reputation that supports itself! If you ask anyone familiar with St. Croix about the top breakfast or brunch spots (and best coffee on island), Polly’s is sure to be at the top of their list.

This turn-key restaurant is not only a thriving business with a stellar reputation but also boasts strong relationships with vendors with a solid credit history, a dedicated and experienced staff, thoughtful menu and efficient systems already in place. Whether you’re looking to jump right in and take over or explore the various growth opportunities to add even more value, Polly’s at the Pier offers an incredible chance to continue and expand upon its legacy of success.

Polly’s is unique in that they have a very loyal following and the best coffee on the island. Their staff is friendly and food is high quality. It feels like a community gathering place where friends meet to celebrate life events and just come to relax and look at the most beautiful waterfront! The dive shops support Polly’s and recommend them to their clients for breakfast before diving and lunch and cocktails after diving. It is a wonderful, and lucrative, partnership amongst the surrounding establishments, businesses, vacation rentals, boutique hotels, shops and the like. The surrounding businesses, their employees, patrons and guests, all frequent Polly’s at The Pier.

In addition to the cruise ship days that boosts sales immensely, Polly’s location in the heart of Frederiksted near the pier is right where large events and festivals take place – bringing the island locals and visitors right to Polly’s front door and cash register. Being right at the pier, the 4th of July and Emancipation Day fireworks bring in a lot of customers. Also, during the Christmas Village and festival Frederiksted is so active and Polly’s has an immense increase in business.

You would be walking into a business that has already built a strong reputation that has received several Tripadvisor awards for best local cafe!

Having a successful breakfast and lunch restaurant with morning-midday hours of operations offers several benefits:
§ Shorter Operating Hours: With service typically ending in the early afternoon, owners and staff can enjoy a better work-life balance.
§ Lower Operational Costs: Reduced hours can lead to savings on utilities and labor costs compared to full-day or dinner service restaurants.
§ Steady Customer Flow: Breakfast and lunch can attract a regular and diverse clientele, including early risers, business professionals, and families.
§ Higher Table Turnover Rates: Breakfast and lunch services often have quicker table turnover, allowing for more customers in a shorter period.
§ Niche Market: Specializing in breakfast and lunch can help establish a strong brand identity and attract a dedicated customer base.
§ Lower Inventory Costs: Ingredients for breakfast and lunch menus can be less expensive and have longer shelf lives compared to dinner ingredients.
§ Easier Staffing: Shifts are more predictable and usually require fewer staff members, simplifying scheduling and labor management.
§ Health-Conscious Options: Breakfast and lunch menus can focus on healthy and fresh options, appealing to health-conscious diners.
§ Community Engagement: Morning and midday services can facilitate stronger connections with the local community, including partnerships with local businesses and organizations that are open during business hours.
§ Flexibility for Events: The restaurant can be available for private events, catering, or special functions in the evenings, providing an additional revenue stream.

GROWTH POTENTIAL: There is a huge potential for selling merchandise such as T-shirts, magnets, and other souvenir items. A great potential also for nighttime activities and food service especially on Sunday and Monday as most places are closed in Frederiksted. They have Boomerang Eats set up and their POS system has a huge potential for gift cards, customer loyalty rewards, online orders and placing vendor orders. Flexibility for Events: Due to the restaurant breakfast and lunch hours, usually closing around 3PM, there can be available for private events, catering, or special functions in the evenings, providing an additional revenue stream.

Energy Class: A+
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Property Details

Property Lot Size: 0 ft2
Energy class: A+
Affiliate Name: Coldwell Banker St. Croix Realty

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