2. Susan Baker Consulting Firm
NON-DISCLOSURE AGREEMENT
THIS AGREEMENT (the "Agreement”) by and between Susan Baker, Business Consultant on behalf of Mr.
Mrs. Davis ( the” Disclosing Party”), and Party and/or Parties viewing this presentation (“Recipient” or
the “Receiving Party”).
The Recipient hereto desires to participate in discussions regarding Businesses owned by Mr. Mrs. Davis,
Located in St. Thomas USVI (the “Transaction”). During these discussions with Owners and/or Susan
Baker or delegated party by Susan Baker, Disclosing Party may share certain proprietary information
with the Recipient. Therefore, in consideration of the mutual promises and covenants contained in this
Agreement, and other good and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the parties hereto agree as follows:
Compelled Disclosure of Confidential Information.
Notwithstanding anything in the foregoing to the contrary, the Receiving Party may disclose Confidential
Information pursuant to any governmental, judicial, or subpoena.
This Agreement shall remain in effect for a two-year term (subject to a one year extension if the parties
are still discussing and considering the Transaction at the end of the second year). Notwithstanding the
foregoing, the parties’ duty to hold in confidence Confidential Information that was disclosed during
term shall remain in effect indefinitely.
Damages to Disclosing Party that results from the unauthorized dissemination of the Confidential
Information; Disclosing Party shall be entitled to recover its costs and fees, including reasonable
attorneys’ fees, incurred in obtaining any such relief. Further, in the event of litigation relating to this
Agreement, the prevailing party shall be entitled to recover its reasonable attorney’s fees and expenses.
Receiving Party shall notify the Disclosing Party immediately upon discovery of any unauthorized use or
disclosure of Confidential Information by Receiving Party or its Representatives, or any other breach of
this Agreement by Receiving Party or its Representatives, and will cooperate with efforts by the
Disclosing Party to help the Disclosing Party regain possession of Confidential Information and prevent
its further unauthorized use.
This Agreement constitutes the entire understanding between the parties and supersedes any and all
prior or contemporaneous understandings and agreements, whether oral or written, between the
parties, with respect to the subject matter hereof.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the above written.
4. West Indian Company Dock and DSTT Business Locations
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5. ST. THOMAS CRUISES DOCK IN ONE OF THE BUSIEST AND MOST DEVELOPED PORTS IN THE WEST INDIES.
St. Thomas has two cruise ports - - The West India Company Dock and Crown Bay both are located on the south side of the island
where three large modern cruise ships can tie up at the same time. This area has been extensively developed with the DSTT
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businesses within easy walking distance of the ship.
7. “The United States of America flag fly’s here”
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Statistics (2014)
Aircraft operations
64,945
Based aircraft
84
Source: Federal Aviation Administration
Historical: The island of St. Thomas in the United
States Virgin Islands is currently the busiest airport
in the United States Virgin Islands, and one of the
busiest in the eastern Caribbean, servicing
1,215,000 passengers from March 2011 until
February 2012.
11. ASSET #2 - MOJO'S RUM AND SURF SHACK
Tiki torches, bar swings, palm roof, funky surfboards, cool drinks and awesome bartenders is what you will find at Mojo’s Rum
& Surf Shack. It is the one and only best Tiki hut on St. Thomas to catch a cool drink on a hot Virgin Islands Day.
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12. Susan Baker Consulting Firm
ASSET #3
STARZ NIGHT CLUB (Famous reality shows were shot here)
14. Susan Baker Consulting Firm
ASSET #4
THE ROCK CASINO
Playing St Thomas Island casino games has
never been simpler! The St Thomas Island
casino offers online betting games such as
Blackjack, Poker, Baccarat, Roulette, video
poker and Craps with various single, multi-line
slots, video slots, keno and many other
enjoyable games only one of the best St
Thomas Island casino has to offer.
St Thomas Island casino is doing it better than
any other vacation attraction.
Don't take the word for it, check out and see
why the casino has become the best - we are
betting that you will agree with us and find that
St Thomas Island casino is the best online
casino in the Caribbean.
DSTT has 43 gaming places and is authorized for the placement
and operation of video lottery terminals and other gaming devices
(i.e., slot machines Roulette, video poker and Craps with various
single, multi-line slots, video slots, keno) and many other
enjoyable games of the best St Thomas Island casino has to
offer.
15. Susan Baker Consulting Firm
ASSETS INVENTORY
(Note: additional gaming seats have been added)
Shipwreck Tavern
Main Floor with outside Porch (3200 plus 300 SQFT – seats 135 people)
10 VLT gaming machines with high back casino chairs
1 55ft custom built Bar with custom built high gloss bar top and coin inlays
3 POS terminals with printers
1 POS terminal & printer at hostess stand
Six 32” flat screen TVs behind the Bar
1 32” flat screen TV in booth
Ten 42” flat screen TVs mounted in the restaurant
One 9ft HD flat screen with projector
Complete DJ set up
Two 10 ton self-contained York AC units – roof mounted
1 five ton AC unit
1 2.5 ton AC cassette in ceiling
Mojo’s Rum & Surf Shack
Tiki Hut Structure on a 1000 square foot concrete pad
30 feet diameter tiki hut roof
3 POS terminals with drawers
Bar - Octagon Shape
Bar - Square Shape Center Island
Four 32” flat screen TVs
16 Swing seats at the bar plus 20 bar stools
Four custom built tables with benches and umbrellas
16 gas torches around the perimeter
The Rock Casino
10 Flat screen TVs
15 VLT gaming machines
1 eight seat automated Roulette table
1 5 seat automated Black Jack table
1 8’ custom made light up poker sign
Starz Nightclub & Ultra Lounge
Down Stairs - club area holds approximately 200 guests with seating for 100
4 Benseron POS terminals w/cash drawers
Professional sound system
1 stage with changing area
2 dance podiums
3 LG 42” TVs
Double DJ Booth
Upstairs VIP Area - seats approximately 100 guests
VIP Grey Goose Bar with LED lighting
2 Benseron POS terminals
1 LG 60” Flat screen TV
Numark DJ set up, flat screen computer, Presonum digital performance & recording
mixer, OHM digital board master, 3 power backups and self-contained master board.
16. Susan Baker Consulting Firm
ASSET EXHIBIT SHEET
Exhibit A……….Southland Gaming Agreement – Shipwreck
Exhibit B……….Business License: Shipwreck Tavern
Exhibit C……….Business License: Mojo’s Rum Shack
Exhibit D……….Business License: Starz Night Club
Exhibit E……….Business License: The Rock Casino
Exhibit F……….Business License: St Thomas Entertainment
Exhibit G………Health inspection information: Shipwreck Tavern
Exhibit H………Health inspection information Mojo’s Rum Shack
Exhibit I………..Health inspection information: Starz Night Club
Exhibit J………..Starz Night Club Inventory List
Exhibit K……….Mojo’s Rum Shack Inventory List
Exhibit L……….The Rock Casino Inventory List (with sound and lighting equipment estimates)
Exhibit M………Shipwreck Tavern Inventory List
Exhibit N……….St Thomas Entertainment - Workman's comp and insurance information: Government Insurance Fund
Exhibit O……….Vendor List – Name of Companies
Exhibit P………. Southland Gaming Agreement – The Rock
Exhibit Q………. Health Certificate for the Rock
Exhibit R……….Information on vehicles ending
Leasing Information: Starz, Rock & Mojos expire in March of 2031 all at the same time. Owners will meet with the
landlord at Point of Sale to get a complete copy of the lease for Starz, Rock and Mojos as there are a lot of
Addendums drawn up in the lease for those 3 businesses because of the many changes we made to the lay out and
dates during the build out period.
Additional Storage Area: located at Al Cohen's Mall consists of approximately 3500 sqft with 2 empty offices,
conference room with a large conference table and chairs, one 1 small bathroom, 2 large finished built out rooms
with one of them carpeted and the other one tiled.
Additional Storage Area: separately finished 200sqft storage/ t-shirt room with door and shelving
NOTE(s): Legal Documentation: Articles of Incorporation, By laws, etc.: The Owners would like to wait to send copies
of the Articles of Organization and the By Laws until after there is a contract in place. All licenses allow owners to
serve liquor and food as Tavern keeper A or B as there is no separate liquor license issued in St Thomas. There is a
nightclub license category on all the licenses for all the businesses that means Owners can stay open 24/7 and are
allowed to serve liquor.
17. VITAL TOURISM STATISTICS FROM WICO PRESIDENT
The cumulative effect of cruise tourism economic activity contributes
$1,038,964,000 toward the gross territorial product; similarly overnight
activity contributes $1,091,438,000 for combined $2 billion industry.
Start the new year off right by taking advantage of this excellent
Susan Baker Consulting Firm
opportunity to buy businesses in a prime location.
18. SAINT THOMAS CURRENT NEWS
ST. THOMAS - the latest and greatest news! Jimmy Buffet plans to invest 90 million in a business and
that it huge because his presents will bring more tourist as his devoted fan base is enormous.
Buffett is partnering with Wyndham to open the 262-unit resort, located at the former Renaissance
Grand Beach Resort in Smith Bay on St. Thomas.
The hotel property has been abandoned for years, and Wyndham plans to invest $90 million to
transform it into the flagship Margaritaville Vacation Club by Wyndham property.
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Buffett's said a casino never was part of the concept for the St. Thomas resort.
This good news for the buyer of the Davis businesses because they have been approved for a large
privately owned casino that YOU can own. The businesses are a plug and play! Low start up cost
because everything is already in place!
20. FREQUENTLY ASKED INFORMATION ABOUT DOING BUSINESS IN THE USVI
The Virgin Islands, while relatively small in size and population, has a very diverse and active business community
with companies and individuals residing and owning investments in the Virgin Islands from the U.S., Europe, other
Caribbean Islands, India and around the world.
INTERNAL REVENUE SERVICE: The U.S. Virgin Islands is a unincorporated territory of the United States and
therefore, enjoys the protection of the U.S. Constitution, legal and Republican form of government but retains its own
authority for taxation under the U.S. Internal Revenue Code, and many other aspects of doing business in the Virgin
Islands are similar to a state or municipality in the U.S.
Virgin Islands uses the same income tax regulations, forms, filing dates, etc. though the tax revenue is retained in the
V.I. As a result of this system, V.I. residents and corporations generally pay tax on worldwide income to the V.I.
Bureau of Internal Revenue and U.S. residents and corporations generally pay taxes on V.I. income to the V.I. Bureau
of Internal Revenue and in U.S. income to the I.R.S.
LABOR LAWS: V.I. labor laws generally follow U.S. standards, though the Virgin Islands has it's own minimum wage
standards. Individuals doing business in the V.I. are encouraged to familiarize themselves with the Wrongful
Discharge Law. Wages and salaries tend to be somewhat less than average U.S. counterparts in similar occupations.
IMMIGRATION: There are no special immigration and residency requirements nor property ownership restrictions for
individuals of corporations residing or doing business in the Virgin Islands, other than those that apply generally in the
U.S. and to U.S. immigration laws administered by the U.S. Immigration and Naturalization Service. However,
applications to the INS for citizenship and residency is made in the Virgin Islands and not the United States, which
generally the time for the approval process.
Whether doing business, indulging in some of the world’s prettiest beaches, re-discovering history at museums, forts
or historic houses, admiring stunning panoramic views via a hike, bike or sky tram, playing a round of golf, making a
splash in the invigorating turquoise blue waters, or visiting duty-free shops, St. Thomas has much to enjoy while doing
business! Attractions in St. Thomas appeal to both those seeking adventure, family get-a-ways and those looking for
peaceful relaxation.
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