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.