Submission AbstractAngel Beans Coffee is a Christian-focused coffee shop created to foster an environment that brings joy and calmness to those who step into our facility while offering a beautiful space that instills busy individuals with Christian values, bringing Glory to God, one cup at a time. Our priority is not only to serve the best coffee and provide excellent customer service but to spread kindness and God’s love through serving others.
Value Proposition A key differentiator of our business is that 1/3 of our revenue will go to local charities like Ovarcome, a foundation that supports women with ovarian cancer, while offering bible studies, inviting guest speakers to the coffee shop, and providing a calm and productive working environment.
How we plan to make moneyOur projection is determined by an average purchase price of $8.00 per customer, with 33,600 customers estimated in the first year, resulting in a $268,800 gross profit. Also, this market is expected to have a CAGR of 8.1% in the coming years, providing insight into the future of this industry.
Launch StrategyAngel Beans Coffee has launched a website to create awareness and fundraise until collecting the funds to launch the physical coffee shop. Our next step is to develop the business plan, find the brick-and-mortar space to rent close to HCU, and implement marketing strategies to reach our customers.