Red Rock Restaurant & Bar

Tortola, Caribbean Islands

View toward the marina

Asking Price:$220,000

Cash Flow:$138,000

Gross Revenue:$385,000





Red Rock Restaurant & Bar

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Business Description

Waterfront Restaurant at a Private Marina

Red Rock Restaurant & Bar is an established Caribbean International restaurant, located at Penn`s Landing Marina, that has grown tremendous following over the last 7 years. The food is spectacular with great ambiance and service.

The layout of the restaurant is such that the main dining room faces the water, with a large popular bar toward the back and a garden area that can be used for extra seating or as a separate function space without disrupting regular diners. Currently the main dining area is set for 44 people with the garden able to seat an additional 30; functions for up to 70 guests on the water side have taken place in the past.
The kitchen is large and fully functional, with the majority of equipment only being 7 years old, as the current owners did a large remodel when they took over in 2008.
Red Rock Restaurant & Bar is being sold as a turn-key operation with many opportunities to expand.
The price includes all assets, equipment, furniture etc, and the “goodwill” of the business.

Detailed Information

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Restaurant size – (Total property) 35’w x 85’ L = 2,975sqft The business is on second term 5 year lease with 18 months remaining, with the marina owner to whom a very reasonable monthly rent is paid. Large private car park.
Situated at the East End of Tortola, in the British Virgin Islands, Red Rock Restaurant & Bar is just 5 minutes from Terrance B Lettsome Airport on Beef Island and the popular Trellis Bay, making it easily accessible from other islands, for instance Virgin Gorda and surrounding island resorts such as Marina Cay and Scrub Island Resort, Spa, & Marina. Three other busy marinas are also within walking distance as well as stores, fishery, hotels and the upscale Surfsong Villa Resort.
Growth & Expansion:
It is suitable for many concepts such as breakfast, lunch, dinner, entertainment and functions.
Support & Training:
Training and Support available if required
Reason for Selling:
After 19 years in the caribbean, the owners are seeking new challenges
Business Website:

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Business Listed By:
Lesley Howard

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