Lots of people dream of coming to St. John to run their own business. The opportunity to buy in has probably never been greater. While historically there have been about half a dozen businesses listed with real estate brokers, there are now 16 offerings. They include St. John Dive Adventures and its boat at Coral Bay ($150K), the newly-listed Duffy’s Love Shack leasehold (trade name does not transfer) ($650K), the Turquoise Turtle gift shop near the ferry dock ($325K), and Dr. Cool Inc.’s air-conditioning business ($350K).
Why are there are so many businesses available? Probably, why there are almost twice as many residential properties on the Multiple Listing Service (63). Every owner has his or her reasons.