Coffee shop business plan Essay

1.0 EXECUTIVE abridgmentinspirational reasonableness forget depict a relaxing, Christian-focused, neighborhood-centered place with new roasted cocoa, distinctiveness make happys, good books, and music. Inspirational yard is the answer to an increase demand. Our target market wantsNeighborhood businesses in South important Minneapolis gravid coffee at a competitive priceA wanton place to socialize with others with similar interestsInspirational chiliad goal is to grant the confederacy with a social, entertaining atmosphere where Christian neighbors can worthy each other in a neutral, non-denominational setting.Inspirational Grounds is embodied as an S corporation. This leave shield the owner from issues of personal liability and double taxation.This proposal is prep bed to obtain financing in the add of $80,000. The supplemental financing is required to prepare the selected site, purchase equipment, and cover expenses during the introductory year of physical proce ss. The owner go forth invest $15,000 of her own into the business.This financing depart every last(predicate)ow Inspirational Grounds to successfully open and maintain surgical processs. The large initial capital investment entrust allow Inspirational Grounds to provide its customers with an inviting atmosphere and quality products. A unique, upmarket and innovative surroundings is required to provide customers with an atmosphere that impart create socialization. Successful operation in year one bequeath provide Inspirational Grounds with a customer base that exit allow it to be self sufficient in year two.Even with our conservative sales forecast, we will maintain a substantiating cash flow in all months, repay the loan in 12 years, and have a positive earnings worth over $27,000 by year trinity. We project that our net profits will increase from $12,000 to over $14,000 over the next three years.CHART HIGHLIGHTS1.1 OBJECTIVESInspirational Grounds objectives for the first three years of operation embarrassThe creation of a unique, upscale, innovative spiritual surroundings that will differentiate Inspirational Grounds from local anesthetic coffee shops.To make Inspirational Grounds the depot for quality coffee in a take atmosphere for people who are serious astir(predicate) their coffee and festering in their spirituality.The formation of an environment that will bring people with respective(a) backgrounds and interests together in a common forum.To be an active and birdcall member of the re alignntial area, and to provide continual re-investment through participation in community activities and financial contributions.Consistently providing sensitive specialty deglutitions, bakery items, inspirational books, and music.1.2 KEYS TO supremacyThe keys to the success for Inspirational Grounds areThe creation of a unique, innovative, upscale atmosphere that will differentiate Inspirational Grounds from other local coffee shops and f uture coffee shops.Fresh Coffee roasted on-the-scene(prenominal) daily will give customers a unique experience as well as excellent product.Selling beverages and products that are of the highest quality.The creation of an environment that wont intimidate the spiritual seeker. Inspirational Grounds will position itself as an educational resource for individuals wishing to learn about the benefits of growing spiritually.The establishment of Inspirational Grounds as a community hub for socialization and entertainment.Encourage the two most important values in Christianity love and assist.1.3 MISSIONAs people are becoming more interested in their spiritual side, a neighborhood shop with excellent freshly roasted coffee and non-denominational Christian books and tapes, is a welcomed alternative and/or addition to the local church. Inspirational Grounds is a specialty beverage establishment focused on providing freshly roasted coffee beans, coffee/espresso drinks and information to en hance our customers spiritual experience. We also understand that coffee drinkers interested in growing spiritually want a destination, not meet a statuswe provide them with the best of both.Our goal is to be the destination for Christian coffee drinkers seeking a non-secular environment in the repeat Cities area. People of all ages and backgrounds will come to enjoy the unique upscale, educational, motivational and innovative environment that Inspirational Grounds provides.We believe it is important to detain an active member of the community and to impact our customers lives in more ways than the selling of specialty drinks.2.0 order SUMMARYInspirational Grounds, Minneapolis South telephone exchange area, will offer great specialty beverages and easy access to provoke spiritual information. Inspirational Grounds sells quality products and provides excellent customer service for coffee lovers and persons looking to enhance their spiritual experience. We are looking to empl oy a retail store which we will use to market and trade our products. The company took its name in July 2002, and organized as an S potbelly stove in October, 2003.Our book and music selection and helpful staff will appeal to the audience that is seeking to grow and learn spiritually in this age of uncertainty. This invigorating aspect will attract younger and ripened members alike who are gaining interest in their spiritual condition. The central location will provide easy access from most points of origin end-to-end the Twin City area for those who will recognize Inspirational Grounds as a destination point, as well as provide local community residents with convenient access to freshly roasted coffee.2.1 COMPANY OWNERSHIPInspirational Grounds is incorporated as an S corporation. This will shield the owner Regina Brown from issues of personal liability and double taxation. The throne was formed in October of 2003.2.2 COMPANY LOCATIONS AND FACILITIESThe site, Midtown Commons (A lso known as the Sears Project), is dictated in South Central Minneapolis. The initial space is approximately 2,000 hearty feet and has voluminous space for the first three years of growth. The complex has ample parking and significant foot traffic from Allina Healthcare Office Facility. This area was chosen for various reasons, includingProximity to other areas indoors the Twin Cities Central location easily accessed.Proximity to the Lyn/Lake and Uptown areas.High Visibility.Proximity to the some local churches in South Central Minneapolis.Diverse population within the community.Desire for South Central Businesses.Scarcity of other coffee houses in the area.Proximity to the light rail depot and 12th Precinct of the Minneapolis police.All of these qualities are consistent with Inspirational Grounds goal of providing a community hub for socialization and entertainment.2.3 START-UP SUMMARYInspirational Grounds start-up costs will cover coffee, espresso, and specialty drink making equipment, micro-roasting equipment, training, site renovation and modification, capital for operating expenses in the first year, and the inventory necessary to provide customers with the information needed to grow.A large portion of our start-up requirements will go towards the purchase of specialty drink equipment from Espresso Services, Inc. Our long-term assets will includeOne espresso machineOne micro-roasting framean Espresso grinder/doserwater filtration systemExpensed equipment includesA Bulk grinder for drop off coffeeSingle airpot brewerSmoothie blenderMinor supererogatory equipmentAdditionally, we need funding for initial inventory, both for the coffee shop side of things and the other specialty merchandise, books, and music. Music items will be purchased from Provident Music, spangle Music Group, and New Day Christian Distributors among others. Books and other inspirational framework will be purchased from Bridge-Logos Publishers, KCM, Bethany House Distributo rs, and others.The site Inspirational Grounds chooses will require funds for renovation and modification. A single estimated figure will be allocated for this purpose. The renovation/modification cost estimate will include the costs associated with preparing the site for opening business.