Coffee Shop Raising Funds to Buy the Building They Lease

After finding out the owner of the building they lease plans to sell the property, White Swan Coffee Lab decided to start a Kickstarter so they can raise the funds to buy the building themselves.

Posted: Sep 10, 2020 7:32 PM
Updated: Sep 11, 2020 9:32 AM

After two-and-a-half years of serving customers on Franklin Street, White Swan Coffee Lab is fighting to keep their place in the successful spot after finding out the property owner wants to sell the building, by trying to raise enough funds through Kickstarter to buy the building themselves.

"We just don't have the funds to put down a payment to buy it ourselves at this point,” said White Swan Coffee Lab owner David Rudibaugh. “But the reality is that any business-minded person that buys this property is going to want to put a business on this storefront on Franklin Street because Franklin Street is kind of awesome."

And he isn’t the only one worried if the sale goes through to a different buyer, with a tenet living upstairs and the community organization The Hub, also using this property as a meeting space.

"We're hopeful that if we're able to raise the funds and buy the building that we can be a blessing to them,” Rudibaugh said.

Other business owners on Franklin Street are hopeful White Swan will be able to stay put.

“We have such a good relationship,” said David Hodge, owner of Sicilian Subs. “Everybody on Franklin Street is a pretty tight knit community and we love to take care of each other, so I'd love to see them be able to work it out."

As are the loyal customers.

"The idea that there is a coffee shop, a place where people can come and just relax, get a cup of coffee, meet with friends and have the opportunity to soak up the Franklin atmosphere and the Evansville atmosphere, really our community, I think is wonderful,” said patron Sean Esterline.

44News reached out to Helfrich Realty, the agency working on the building and neither he or the property owner want to comment on the sale.

Click here to donate to the White Swan Kickstarter.

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