St. Lucia Business Opportunities

Business Opportunities and Business Ideas

		Apartment Building 10 Minutes to Rodney Bay Convert to Bachelor / Studio Apartment Strong Income Potential as Short Term Rental North, St. Lucia US$415,000 The building now carries (4) 2 and 3 bedroom apartments, fully leased, long term tenants. Contact an Agent

		3-Star, Resort Overlooking Rodney Bay Marina Prime Real Estate! North, St. Lucia Price Region: US$2,700,000 SALE AGREED Across from Rodney Bay marina. Recently renovated and priced to sell. Dynamic business investment. Contact an Agent

		Oceanfront Apartment Building, Micoud Excellent opportunity as short term accommodation! East, St. Lucia Price Region: US$299,000 Hillside property with small beach. 3 storey apartment building with (3) apartments, one 1-Bed, one 2-Bed, one 3-bed apartment, newly renovated, 15 minutes from UVF Hewanorra Airport. Currently vacant. Market - vacation accommodation. Attractions: canoeing, fishing, snorkelling. Contact an Agent

		Boutique Waterfront Resort on Rodney Bay Prime Property! North, St. Lucia Price Region: US$5,000,000 Located on Rodney Bay Marina with opportunity for expansion. Prime property investment. Contact an Agent

		Apartment Building Rodney Bay Prime Location! Great as Long Term Rental North, St. Lucia Price Region: US$627,000 Located in Rodney Heights, Rodney Bay, 4 apartments are occupied by long term tenants. Contact an Agent

		Small Boutique Waterfront Hotel, Gros Islet St. Lucia Strong Income Potential North, St. Lucia Price Region: US$500,000 Great opportunity to purchase a going concern waterfront small boutique hotel business, 2 storey property of approximately 3,200 sq. ft., Caribbean Sea front plot of 2,751 sq. ft. Contact an Agent

		Income / Recreation, Beausejour St. Lucia Rental Program, Resort Community North, St. Lucia 1 Bed, Semi-Detached Villa with Hot Tub - US$207,015 2 Bed, Semi-Detached Villa - US$207,015 2 Bed, Semi-Detached Villa with Hot Tub - US$244,015 Above average appreciation on capital investment. Contact an Agent

		Luxury Residence and Hotel Suites 5 Minutes to Airport Commercial Real Estate Investment! South, St. Lucia Price Range: US$5,000,000 5.2 acres, 20 room luxury residence and hotel suites, ocean view, restaurant and lounge, 5 minutes to International Airport. Contact an Agent

		Oceanfront Land for Commercial Business Idea, Dennery On Highway, High Visibility East Coast, St. Lucia Price Region: US$1,100,000 Area Attractions: rainforest, waterfall, zipline, biking trails, 5 minutes to proposed Greg Norman Signature Golf, 25 minutes to International Airport. Contact an Agent

		Bed and Breakfast Idea, Rodney Bay St. Lucia Prime Location, High Rental Demand North, St. Lucia Price Region: US$590,000 Located in Bonneterre across from Rodney Bay marina. Room for expansion. Contact an Agent

		Natural Spring Water Bottling Plant and Mineral Spring The only Spring Water Bottled at Source East, St. Lucia Price Region: US$600,000 SALE AGREED 16 acres including; bottling plant, 2 spring wells, hundreds of organically grown trees. Contact an Agent

Stages of Buying a Business in St. Lucia

1. Visit the Business

2. Making an Offer and Financial Statements

We are taught to first look to the Financial Statements when deciding to buy a business. Though Financial Statements play a very important role in the history of a business, there are other facets of the business operation to consider. Sometimes Financial Statements do not reflect the reality of the business and its future earning potential.

Culturally, St. Lucia business sellers are reluctant to give Financial Statements or any information about the operation of the business without having a conditional offer to purchase with a deposit held in trust by: RE/MAX Executive Realty St. Lucia, until the due diligence period ends.

3. Due Diligence

Upon receiving the conditional offer to purchase, the buyer then receive all financial and operational information, tax filings, leases, customer lists, sales activity, level of profits and day to day observation of the business activities. When the buyer is satisfied with his analysis and answers provided then a decision about purchasing the business is proceeded to remove the conditions.

4. Removing Conditions

Once the conditions are met - the buyer now has 3 possibilities:

Proceed with the deal and remove all conditions.

Refuse the deal. The buyer gets back deposit after signing a release.

Renegotiate the deal.

5. The Transition Period

Once the buyer is satisfied with the purchase of the business now is the time to familiarize himself with the operations of the business, build new relationships with employees, customers and suppliers and add more to the business and goodwill.