Mark Vanterpool buys Pusser’s
Local businessman and legislator, Mark Vanterpool has purchased the popular chain of restaurants and stores, Pusser’s British West Indies Limited.
Vanterpool, who owns the One Mart Supermarket Group, acquired the business last week.
He said some of his investment advisors said he was “crazy to be buying a restaurant business in the middle of the COVID-19 pandemic”.
So why did Vanterpool embark on this business venture in such an economic environment? The short answer, according to Vanterpool, is faith.
“I have immense confidence in the history and culinary traditions, often synonymous with the British Virgin Islands, that Pusser’s has developed over the past four decades,” he stated in a media release on Monday.
“We are looking forward to building on the legacy and foundation laid by Mr Charles Tobias and the Pusser’s team by focussing even more on one of my greatest passions – service,” Vanterpool stated.
Pusser’s was facing major challenges
Tobias started Pusser’s more than forty years ago but decided to sell the business after being hit by a series of crippling catastrophes.
The long-time restauranteur said he was therefore pleased with Vanterpool’s bailout.
“Pusser’s has faced major challenges over the past few years, and was heavily dependent on a strong BVI visitor base. Consequently, the company was severely impacted by the recession, then by Hurricanes Irma and Maria, and more recently, the COVID-19 pandemic,” Tobias explained.
“With virtually no visitor traffic, the past 12 months have been exceptionally challenging for our business, especially for our staff of over 100 employees as it has been for so many persons employed in the hospitality industry, not only in the BVI, but around the world,” he added.
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thats why we get that parking lot fixed.. well sah..
Suddenly he is able to build a new supermarket , buy acres of land in lambert resort and buy a restaurant chain?
Money be falling like leaves off a tree or like poppies blowing in the wind. Lmfao
Check the land registry for last few months and large transactions and you will see that … money..anyone from COI/ Police reading these blogs?
What ever are you talking about?
Congratulations Mark Vanterpool. I am sure you bought at a great price and you have plans to rebuild this famous business in the future no matter how long it takes.
Tell the Europeans this is an example of working hard for your money.
Has infiltrated the BVI?
Tell anonymous he’s racist.
Tell Red to read a book. European is not a race.
….
No wonder the prices at O—– sky rocketed.
I thought that I was the only one that noticed. The price of almost all items… has increased. I shall now be shopping at [other] stores only!
Hmmm, let’s see what he has actually bought?
This is a bad sign when established money no longer sees
Any point in investing in BVI. Only locals with small horizons
Will buy now.
How much did he paid?
How is that your business?
CONGRATULATIONS!!!
Cripple the business then acquire it, well played
This is the plan of the government. Cripple the business then pick it up for nothing. Only Belongers with deep pockets can do this. Since all the deep pockets are in the government we’ll figure out what’s going on. More to come like this. Sit down and carry on.
Congratulations
Huge conflict of interest. Feel sorry for the forth district – no representation now
Mark do you remember when you started off and used to sell to Pussers. Did you imagine that you would one day own Pussers?! Very well done to you for your ambition!
Congratulations Lion!
So District 4 Rep is that why the parking lot across from it can now finally get asphalt and fixed after all these years??
No wonder the parking lot across the street was paved by or for the district representative
dem white people gonna stop patronizing just like what they did to captain’s table and the pub after some locals bought them
One Mart and Rite Way can buy anything they want around here after the small businesses is been crippled by their plandemic.
Thanks Mark for saving pussers an integral piece of BVI history.. it was sinking slowly for the past 6 to 8 yrs… You have to make changes Mark, Have the workers look and work more professional, The way you hear the workers talk to the managers, the managers have their few favorits who do what they want and get all the benefits..I am so happy for the change but i want to see the change..
He done give up on the 4 long time soon
Luce this is your chance please start campaigning my dear you got my vote
That to showcase how the virgin island party looking out for all the the people in the house congratulations local people keep up the great work Mark the parking lot is looking great fun by the VIP for the NFL.
That to showcase how the virgin island party looking out for all the the people in the house congratulations local people keep up the great work Mark the parking lot is looking great fun by the VIP for the NFL.
service poor at pussers
can only improve
wear de money come from
things always seem to turn up for the action man
Good idea— kill the business with regulations then buy cents on the dollar. Good sign that maybe he will now pressure govt to reopen with more reasonable standards so he won’t lose his shirt too.
See why we need to coi
VIP is brilliant
Cripple the ppl businesses which leaves them no choice to sell there business for nothing
And the rich bvi politicians can buy
Only a worst hurricane than Irma will change the ppl of the bvi when it take everything this time
Who vex go to hell
The truth always hurt
He and his team will do well. Congrats
More jobs for the ‘Little Asian People’. Better customer service.
How many engines Mark got on dat boat? Lights work?