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The casual and hip cafe is located in a 700 square foot stand-alone, distinct structure on a busy street with excellent visibility and high traffic count. Serving a popular and growing urban neighborhood with excellent walk-ability. The cafe includes trendy and eclectic decor along with all equipment needed to run the business. The lease amount is $1,390/month expiring July 31, 2022.
There are two other coffee shops within a 5-mile radius. There is no competition selling Bubble Tea, crepes, baguette sandwiches and their popular poke box lunches. When it comes to restaurants, fast casual has been the growth darling of the industry for almost 20 years. While it still accounts for less than 10% of the total market, the number and diversity of fast-casual restaurants has been exploding across the country, with growth of over 500% since 1999. Evolving consumer tastes and creative restaurant concepts are the driving forces behind this growth. Increasingly consumers are looking for healthy alternatives and are more dynamic in their tastes - they’re looking for more than the typical burger and fries. But what has not changed is the need for speed and convenience when it comes to grabbing a bite, particularly during the business day. Bubble tea is growing in popularity and demand. The Boba tea market is expected to grow 7.4% between 2017 and 2023 with the introduction of new flavors and decreases in demand for carbonated drinks. Poke Bowls are also growing in popularity and demand as this dish ticks many boxes: it is a fresh, healthy, high-protein, and a relatively inexpensive lunch. Poke is the biggest fast casual food trend. According to Foursquare, the number of Poke restaurants has more than doubled in the last two years, however, there are no poke restaurants within a 5-mile radius of this cafe.
There is room to expand marketing efforts to increase exposure with social media advertising and print advertisements including promotions. Subscribing to additional online delivery service platforms will increase exposure as well.
Mon/Wed-Sun 9am-7pm; Tues 11am-7pm
Will train for 2 weeks @ no cost Washington and Seattle business licenses would be required. Food handler license is required to operate this cafe serving many flavors of bubble tea, espresso coffee drinks, crepes, baguette sandwiches and poke box lunches. Learning to prepare menu items will be a breeze with a quick lesson or two.
The owner has moved out of state.