The corporate coffee shop is determined to become a daily necessity for local coffee addicts, a place to dream of as you try to escape the daily stresses of life and just a comfortable place to meet your friends or to read a book, all in one.
With the growing demand for high-quality gourmet coffee and great service, The corporate coffee shop will capitalize on its proximity to the central hub of the city to build a core group of repeat customers. The corporate coffee shop will offer its customers the best prepared coffee in the area that will be complimented with pastries, as well as free books that its patrons can read to enjoy their visit.
The company will operate a 2,300 square foot coffee bar within a walking distance from the commercial area. We have secured this location in expectation through a three-year lease with an option for extending. We wish also to provide $500 of the required $10,000 start-up funds. The remaining capital will be obtained through partners, and Bank loans.
The company is expected to grow sales revenue from $2000 in year to $10,000 in year three. The corporate coffee shop will strive to maintain a 65% gross profit margin and reasonable operating expenses; it will see net profits grow from $200 to $1000 during the same period.