Turnkey Plant-based Specialty Coffee Restaurant, North Tenerife For Sale

Property Information

Location:

Prime pedestrian location in the Casco Histórico, the historic old town of Puerto de la Cruz in north Tenerife. The business sits on a lively walking street in the old quarter, with steady year-round footfall from both residents and visitors, but without the noise and volume-driven trade of a tourist strip. Puerto de la Cruz is the main town of the north of the island, with a stable resident population, a long-established international community, particularly German-speaking, and a growing base of remote workers and digital nomads. This gives the business a genuinely year-round trading pattern rather than a purely seasonal one. Locations of this quality in the old town rarely become available.

Premises Details:

Leasehold premises arranged over two levels, fully fitted and currently trading. The ground floor holds the main dining area, counter and specialty coffee station, with the kitchen and a compact operational storage area of around ten square metres.

The lower ground floor holds a multifunctional salon, a significant asset that is not yet fully monetised. It is suitable for workshops, coffee and cooking courses, yoga and wellness sessions, tastings, private events and meetings, and could equally be hired out to third parties. There is also a separate office and a further room that could be converted into a second preparation area, laboratory or additional storage.

All equipment is included in the sale. The coffee equipment is owned outright rather than supplied on loan by a roaster, and comes with spare parts and in-house maintenance know-how. The premises are held on a commercial lease in the name of the operating company, with the right of transfer. Full lease terms are shared with qualified buyers after screening and NDA.

Size in square feet:

3200 Square Feet (300mq)

Planning Consent:

The premises hold a valid Spanish hospitality licence, the licencia de apertura and licencia de actividad required to operate a restaurant and café in the Canary Islands, and the business trades legally under it. This corresponds broadly to an A3 use class in the UK system. Licences of this type have become increasingly difficult and slow to obtain for new openings in protected historic town centres, which adds real value to premises that already hold one.

The property is arranged over two floors and totals approximately 285 square metres, around 3,070 square feet. The ground floor of approximately 170 square metres holds the dining room, the bar and counter area and an 18 square metre kitchen, together with a 25 square metre terrace seating more than twenty covers. The lower ground floor holds a 40 square metre multifunctional salon, a 15 square metre office, a 15 square metre storage area and a further 20 square metre room suitable for conversion to a second preparation area or laboratory.

All licence documentation is available for inspection by qualified buyers after screening and NDA.

Business Operation

Management type:

This business is owner operated.

Expansion Potential:

The clearest opportunity is evening service. The business currently operates daytime only, which means the fixed rent, the licensed premises, the kitchen, the brand and the trained team are all under-used for a large part of each day. Extending into dinner is a low risk step, because nothing needs to be proven or built first, and it could roughly double revenue on the same fixed cost base. This is the single largest untapped lever in the business.

The lower ground salon is the second. It is already suitable for workshops, coffee and cooking courses, yoga and wellness sessions, tastings and private events, and can generate income directly, through paid programming, or indirectly, by hiring the space to third parties. Very little of this potential is currently realised.

Additional avenues include a developed brunch offer, catering, private events, retail sales of coffee and packaged products, and desserts. There is also scope for partnerships with hotels, wellness and yoga retreats, coworking and coliving operators, and the local digital-nomad community, all of which are well represented in the north of the island.

A further possibility is a coffee equipment line. The business already owns its machines and spare parts and has maintenance capability in place, and the premises function naturally as a showroom, which makes sales, rental and servicing of espresso equipment a realistic adjacent activity for an owner who wishes to develop it.

Finally, there is straightforward operational upside. The business is in its first full year, and margins can be improved through tighter food cost control, a higher average ticket and the greater efficiency that comes with hands-on owner presence.

Competition / Market:

Puerto de la Cruz has a wide hospitality offer, but the great majority is conventional Canarian and tourist-oriented catering. Dedicated plant-based dining combined with genuine specialty coffee remains a small and undersupplied niche in the north of the island, and the business has built a clear position within it.

The main competitive protection is reputation. More than 500 Google reviews at 4.9 stars represent a level of trust that a new entrant would need years to build, and that reputation drives a large share of discovery among visitors, the international resident community and the plant-based and wellness audience.

Two further factors reduce competitive exposure. The coffee equipment is owned outright with no roaster tie-in, so sourcing and pricing are freely negotiable rather than fixed by a supply agreement. And a proprietary system for cost control, profit and loss and review management gives the business operational visibility that independent operators of this size normally lack. As with any hospitality business, competition depends on execution and consistency. The concept, the team and the reputation are already established, which places a new owner well ahead of anyone opening from scratch in the same market.

Reasons for selling:

The founders are relocating abroad for family reasons and to focus on their main business in the education sector. The decision is personal rather than commercial. The restaurant is trading well and has clear untapped potential, particularly in evening service, but developing that next phase requires an owner who can be present on site day to day. Rather than run it at a distance, the owners prefer to hand it over to someone who can give it the attention it deserves. A structured handover is included to ensure continuity for the team and the customers.

Trading hours:

Open daytime, six days a week, with one closing day. The business does not currently trade in the evening, which leaves the licensed premises, the kitchen and the trained team unused for a significant part of each day. Extending into evening service is the most immediate growth opportunity available to a new owner and requires no structural investment. Exact opening hours and staffing pattern are shared with qualified buyers.

Employees:

3

Years established:

1

Other Information

Support & training:

The current owners will provide a structured handover to ensure the new owner takes over a fully functioning operation rather than a set of keys.

The handover covers the specialty coffee workflow, including machine operation, calibration, routine maintenance and the use of the spare parts held in house, together with the plant-based kitchen workflow, recipes, preparation methods and menu structure. It also covers supplier relationships and introductions, purchasing and cost control practice, and the use of the proprietary system for cost control, profit and loss tracking and review management.

The trained team remains in place, which means daily operations continue without interruption during and after the transition. Introductions are provided to the accountant and administrative advisor, and to the landlord.

A handover period of two to four weeks is included in the sale price. Extended support of one to three months can be arranged separately by agreement, for a buyer who wants a longer runway.

Financing available:

The sale is a cash transaction, with full payment at completion. No vendor finance is offered.

Furniture / Fixtures value:

€35,000 - included in the asking price

Inventory / Stock value:

€5,000 - included in the asking price