What is needed/want...
 

What is needed/wanted?  

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Peachey
Posts: 36
(@Peachey)
Advanced Member
Joined: 4 years ago

Hey everyone, just joined the forum today. Like many others, my wife and I are seeking relocation to the islands. Specifically St. Croix. We are looking to open a small business there, but I want to have some ideas as to what would work well there. I know offerings are limited, but they have the basics covered. What would be a business you feel would be a good fit?

My wife and I have run several business over the last 10 years, and are in the process of selling them off to move. We are looking for something that locals and tourists alike would say.... I wish we had a _____ here.. Please fill in the blank.

We are coming down in June for a two week trip to explore. Renting a studio apartment with a kitchen so we can experience the costs associated with food preparation ect.

Any input would be greatly appreciated!

63 Replies
Peachey
Posts: 36
(@Peachey)
Advanced Member
Joined: 4 years ago

Burger King and or Starbucks will work for me. Oh...and a 10 minute oil change. Perhaps all three under one roof.

That is a heck of a list. Burger King and Starbucks are out of the question for multiple reasons. Both financial and logistical. I don't do franchises as they tend to be the one to make money while the franchisee suffers.

Automotive related, I have never gotten into, but I wouldn't rule it out. 🙂

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Peachey
Posts: 36
(@Peachey)
Advanced Member
Joined: 4 years ago

a good donut shop

Donuts and Frozen Yogurt. Put your hands together!

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Peachey
Posts: 36
(@Peachey)
Advanced Member
Joined: 4 years ago

Jaccar Organic & Natural Sorbet is for sale in Christiansted. Any feedback on them? Owner wants to retire, they seem to have good Yelp and Trip Adviser reviews, but I don't always trust those.

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OldTart
Posts: 6523
(@the-oldtart)
Expert
Joined: 8 years ago

I know all about the financial losses and gains of opening a business, I've had a couple doozies go both ways. 🙂

All I can tell you is that however many businesses you've operated within the continental US, doing business here is entirely outside that sphere.

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Exit Zero
Posts: 2290
Registered
(@exit-zero)
Trusted Member
Joined: 11 years ago

Operating any business here will only work for you if you enjoy the work part of it - whether it is the manual labor, the mental energy required or the management part of sales or service. It is way more important here to do what excites you - could you be personally inspired to get up and make donuts at 4am, change oil all day, operate a franchise like Starbucks or make frozen treats???? - or enjoy managing the people who are doing these things for you???? I feel this is the crux of any successful business here - or anywhere I guess.
There is every opportunity imaginable here - running a sailboat, having a restaurant, operating a medical clinic, providing financial services, selling a product, repairing almost anything, creating art objects and on and on - all businesses here have hurdles - some more than others with licensing, knowledge, capital expense etc. but if you don't have a personal desire to be happy doing it, why bother?
You could paint houses or own a painting company, you could fix or sell computers, you could fix automobiles or own a car parts store - it is all about scale and your own abilities.
It is a diverse community of 50 - 60 thousand people who have many different needs and preferences living on an island with a cumbersome supply line and an aberrant infrastructure - use your visit here to feel out a comfort level that works for you - and the idea suggested of working for some one else is a valid point to consider before you invest in your dream. Welcome to the forum - there are lots of opinions here about life as it is being lived in the USVI.

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