The space has been vacant for several months and the owner is motivated and has offered a four year lease with a fifth year free.We expect sales revenue to grow from 0,000 in the first year of operations to 0,000 by the end of the third year.
Java Jake's Coffee House will be the go-to place for coffee lovers.
We plan on serving the highest quality coffee and snacks in a trendy, comfortable atmosphere.
Along with our superior atmosphere and great customer service, we intend to target the sophisticated coffee consumer.
The location we have selected has 2,000 square feet of space, room for an outdoor patio and requires a minimum of renovations.
***A bar chart can be added here***$200,000 in startup funding is required for lease costs, renovations, equipment and furniture. Census data, the millennials have overtaken the baby boomers as America's largest living generation. statistics indicate that: Specialty coffee sales are increasing by 20 percent per year Americans consume over 400 million cups of coffee per day Retail sales of coffee exceed $5 billion per year Our Position in the Industry East Clovervale is an affluent area with a high density of students and young professionals, an ideal market for a coffee shop such as Java Jake's Coffee House.
The principals have 0,000 in cash and will obtain the rest from commercial lenders. Millennials are more social and mobile than previous generations and prefer to have coffee with friends in trendy, public locations, increasing the popularity of high-end coffee shops. People in this area can afford to spend money on specialty coffees and snacks and are willing to do so.We aim to be the destination place to meet with friends, relax, and enjoy a great cup of coffee.Ultra-fast wifi will enable students and business people to readily communicate and work on school or business activities.It should provide a short, concise and optimistic overview of your business that captures the reader's attention and gives them an interest in learning more about it.The executive summary should be no more than two pages long, with brief summaries of other sections of the plan. As with starting any business the first step is to do your background market research and write a business plan to see if your idea is feasible.The simple coffee shop business plan example presented here can be used to help you get your own coffee shop business off the ground.In the immediate area our competition consists mainly of fast food vendors such as Mc Donald's and Dunkin Donuts.We plan on capturing the upper end of the local coffee market by serving gourmet, non-machine made coffee products at reasonable prices.To minimize operating expenses both of the principals will be onsite on a full time basis to reduce staffing costs, supervise and maintain quality control.We expect net profits to grow from ,000 to 0,000 by year three.