Own a Legendary Caribbean Beach Bar – Caddy’s Calypso Café, Rincón PR

Asking Price$3,995,000

Cash Flow

EBITDA$275,000

Gross Revenue$1,670,000

Inventory$80,000
Included in asking price
FF&E$400,000
Included in asking price
Real Estate$2,400,000
Included in asking price
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Own a Legendary Caribbean Beach Bar – Caddy’s Calypso Café, Rincón PR


Asking Price$3,995,000

Cash Flow

EBITDA$275,000

Gross Revenue$1,670,000

Inventory$80,000
Included in asking price
FF&E$400,000
Included in asking price
Real Estate$2,400,000
Included in asking price
Business Description
Oceanfront Maria’s Beach location • 35+ year brand • Turnkey operation
CADDY'S CALYPSO CAFÉ – LEGENDARY CARIBBEAN BEACH BAR

Established in 1989, Caddy's Calypso Café stands as one of Rincón's most iconic oceanfront destinations, perfectly positioned steps from world-famous Maria's Beach. This legendary establishment has served as the heartbeat of Puerto Rico's surf capital for over 35 years, attracting locals, international visitors, and surfers from around the globe.

BUSINESS OVERVIEW
This turn-key operation generates $1,670,000 in annual revenue. The 6,898 square foot property includes both the established restaurant/bar operation, commercial lease and rental apartments, creating diversified income streams. The sale includes all furniture, fixtures, equipment ($400,000 value), inventory ($80,000), and the oceanfront real estate ($2,400,000 value).

OPERATIONS & ATMOSPHERE
Calypso Café operates as both restaurant and entertainment venue, featuring live music nearly every night with local and visiting artists performing reggae, rock, and island rhythms. The kitchen serves crowd-pleasing favorites including burgers, tacos, fresh seafood, and island-inspired comfort food, while the bar offers tropical cocktails and cold beers in a vibrant, welcoming atmosphere.

LOCATION ADVANTAGE
Rincón is internationally recognized as the "Surf Capital of the Caribbean," driving consistent year-round foot traffic from Maria's Beach, one of the island's most famous surf breaks. The location benefits from Puerto Rico's growing tourism sector, attracting visitors from the United States, Europe, and Latin America seeking world-class surfing, whale watching, and stunning Caribbean sunsets.

GROWTH OPPORTUNITIES
• Breakfast service expansion to capture early morning surf traffic
• Additional food concepts and retail merchandise
• Enhanced short-term rental apartment income
• Partnerships with surf schools and tour operators
• Expanded event programming and digital marketing

This rare opportunity offers the chance to acquire a true Rincón institution with established brand recognition, loyal customer base, and significant lifestyle appeal. Few Caribbean venues combine this level of oceanfront location, operational history, and community connection.

Owner selling due to medical/retirement reasons after years of successful operation.
About the Business
Years in Operation
37
Facilities & Assets
The offering includes a fully operational oceanfront hospitality property at Maria’s Beach in Rincón, Puerto Rico. The three-story mixed-use building (~6,898 sq. ft.) houses the Calypso Café restaurant and bar, open-air decks with ocean views, commercial kitchen, storage areas, and two short-term rental apartments. The sale includes all furniture, fixtures, and equipment (FF&E), bar and kitchen equipment, brand goodwill, and infrastructure improvements including backup generator and water cistern systems.
Website
https://www.calypsocaferincon.com/
Market Outlook / Competition
Rincón is widely recognized as Puerto Rico’s surf capital and a premier Caribbean tourism destination, attracting visitors year-round from the United States, Europe, and Latin America. Maria’s Beach is one of the island’s most famous surf breaks, driving consistent foot traffic from surfers, tourists, and local residents. While several restaurants and bars operate in the area, few offer the same oceanfront location, established brand recognition, and diversified revenue streams that position Calypso Café as a landmark destination with a 40 year name.
Opportunities for Growth
Calypso Café offers several opportunities for future growth and expansion. Introducing a breakfast program could capture early morning surf and tourist traffic at Maria’s Beach. Additional space could also support new food concepts, retail, or expanded event programming. Increased focus on short-term rental marketing may grow apartment income, while partnerships with surf schools, tour operators, and local events can drive additional traffic and strengthen Calypso’s position as a premier surfside destination.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
6,898
About the Sale
Seller Motivation
Medical/Retirement
Transition Support
To Be Determined
Financing Options
None
Listing Info
ID
2480622
Listing Views
Attached DocumentsAttachment Disclaimer

Caddys Calypso Cafe Info Sheet2.6.26.pdf

Business Location

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Business Listed by: Matt Shomer

Listing ID: 2480622 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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