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PERKS Coffee Shop Cafe. Suzanne LeMere, Jennifer Hargreaves, Malcolm Jollie, Crystal Ashcraft. Lease Agreement. Terms of Agreement: Five years Cost: $30 per square foot per month Triple down - Includes: rent, utilities and insurance

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Perks coffee shop cafe l.jpg

PERKS Coffee Shop Cafe

Suzanne LeMere, Jennifer Hargreaves, Malcolm Jollie, Crystal Ashcraft


Lease agreement l.jpg
Lease Agreement

  • Terms of Agreement: Five years

  • Cost: $30 per square foot per month

  • Triple down - Includes: rent, utilities and insurance

  • Negotiate a better deal for tenant improvements - Cost: $25 per square foot per month


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Build Out Costs

  • Overhaul of existing space: $80 per linear foot

  • Major Tenant Improvements: Solar Panel Integration to reduce utility costs and help make strides toward producing a green environment

  • Seek out government subsidies to help with costs


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Financing

  • Investors: Suzanne, Jen, Crystal and Malcolm each invest $100,000

  • Total Sum of Investors $400,000

  • Debt through Line of Credit or Small Business Loan


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Limit Liability

  • Hire a consultant to assist with starting our new business and reduce risks

  • Hire an attorney to review lease agreements, financial contracts, and licensing in order to reduce risks



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Furniture

  • Table tops

  • Table bases

  • Chairs

  • Couch


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Espresso Equipment

  • Espresso Machine

  • Grinders

  • Drip Coffee Maker

  • Blenders

  • Thermometers

  • Insta-Hot water dispenser

  • Shot glasses

  • Milk pitchers


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Cooking Equipment

  • Half Size Convection/Microwave Oven

  • Toaster


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Other Equipment

  • Deli Case

  • Refrigerator/Freezer

  • 18x24 Bowl Size 14 Deep Standard Three Compartment Sink w/18 Left Drainboard

  • 10" Spout Fawcett

  • Ice Machine

  • Pastry Case

  • Dishwasher


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Accessories/Extras

  • Dishes/trays

  • Utensils

  • Garbage & recycling cans

  • Ice bath container

  • Bleach bucket

  • Aprons/bar towels

  • Mugs

  • Plates




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Startup Cash Flow (Financing)

ENDING CASH BALANCE $236,180



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PERKS

Questions?


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