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Thriving Coffee Shop & Cocktail Bar in Puerto Rico's West Coast

Aguadilla
listing image
Asking Price:$150,000
Inventory:$2,700
EBITDA:$8,400
Established Year:2023
Gross Revenue:$120,000
Rent:$1,200/Month
FF&E:$27,000
Listing ID: 2262469Listing provided by BizBuySell
BUSINESS DESCRIPTION

Finca & Fern is for sale and ready to be sold. Interested parties mandatory proof of funds (no financing available on PR nor seller financing) an NDA must be emailed, as well as a letter of intent to purchase within 30 days.

Finca & Fern is a family owned quaint coffee shop, located on the West Side of Puerto Rico, the surf haven. Reminiscent of "Perks" on the series FRIENDS, regulars call it "Coffee Heaven". As customers walk through the doors the antique chandeliers and vintage furniture create a cozy, one of a kind atmosphere. Once customers sink into the 1960's vintage velvet couches, they often never want to leave.

A turn key operation ready for you to walk into, bypassing the heartache, headache and run around of opening a business on the island. Unlike the systems of the States, Puerto Rican laws are a feat in an of itself to overcome. Owners will work with buyer, and liaison, to transition the shop smoothly into buyers name.

Aguadilla is located on the West side of the island, where the best waves call to surfers around the globe. Home to the Olympic Pre-Qualifier, and many surf competitions, Puerto Rico's West side is a rare gem. Often called the last frontier, sellers family moved to PR in 2016, and would return again in 2020.

Renovations for the space began in 2023. The business has seen amazing local community support of the area, as well as visitors. Finca & Fern is about community and has included local artisans in gifts for sale in the shop, connected with local musicians to host events, and presents an open canvas to many who are looking for connection. The shop has hosted Paint n' Sips, working with other local businesses and artists to bring about synergy and abundance.

The coffee shop offers online orders and deliveries, and has recently began specialty delivery, corporate offerings exceeding orders of $150.

There is no shortage to the opportunities that can be hosted at the shop.

All contents (including fixtures) are included in the sale of the business.
All marketing material is included in the sale of the business.
All connections and business relationships are included in the sale of the business.

*business currently rents and is on a month to month lease. All utilities are paid by landlord.

DETAILED INFORMATION
Location
Aguadilla
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,125
Lease Expiration
31/08/2024
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business is in a rental space in a long rectangular building that is right next to the most popular gym, and grocery store in the coveted area of Aguadilla. The space was completely renovated and built out, head to toe. New flooring, lighting, industrial wet sink, industrial refrigerator, toilet, wood work, shelving, bars, fans were all purchased and custom built/installed for the shop.
Competition
The 110 is The prime location in the area. There are a dozen other shops, stores that offer coffee on the 110, none that compare to F & F. The business offers, a cozy, unique one of a kind vibe that feels like the comfort and class of the states. Seasons on the island come in waves, welcoming many visitors during peak surf season. Business is consistent.
Growth & Expansion
The shop will only grow as the business has approximately 1 year in operation and cocktails just less than a year. Opportunities for growth are seamless and expected. Many locals are still learning about the business. Marketing in local magazines, more social media marketing, and signs will increase awareness. The first year of any business is the hardest, triple that on the island of PR. Cost of purchase gifts buyer the luxury of a turn key operation, on an island that is extremely challenging to begin a business, renovate, run and be consistent.
Support & Training
Buyer will be completely trained & confident, in a short time period, as the business is turn key. Operation comes with 1 barista committed to staying, help train on duties, and run the art events. The business has high level connections for growing events, community and creating synergy. Cocktails & live music events show consistent growth and income.
Reason for Selling
Sellers off island.
BUSINESS LOCATION
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Andrea Riggs
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Andrea Riggs
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