It occurs to me that there is a trend going on — “luxury” coffee is moving downmarket here.
Another data point.
There’s a ton to like about this business:
- high gross margin
- somewhat simple
- little food waste
- plays to things I know (and resources I have already)
- can get off the ground without a ton of capital
- should cash flow within 6-12 months
- few organized competitors
There are also things to dislike.
-retail (blech)
-growth requires capital
-it's a service business
-never done anything like this
-opportunity cost (could work on other stuff)
So, I’ll pause here.
This looks like an opportunity to exploit — or at least test the market.
The big next question is: how to do that?
Stay tuned.
• • •
Missing some Tweet in this thread? You can try to
force a refresh