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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

PERKS Coffee Shop Cafe

Suzanne LeMere, Jennifer Hargreaves, Malcolm Jollie, Crystal Ashcraft

lease agreement
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
build out costs
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
financing
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
limit liability
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
furniture
Furniture
  • Table tops
  • Table bases
  • Chairs
  • Couch
espresso equipment
Espresso Equipment
  • Espresso Machine
  • Grinders
  • Drip Coffee Maker
  • Blenders
  • Thermometers
  • Insta-Hot water dispenser
  • Shot glasses
  • Milk pitchers
cooking equipment
Cooking Equipment
  • Half Size Convection/Microwave Oven
  • Toaster
other equipment
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
accessories extras
Accessories/Extras
  • Dishes/trays
  • Utensils
  • Garbage & recycling cans
  • Ice bath container
  • Bleach bucket
  • Aprons/bar towels
  • Mugs
  • Plates
startup cash flow financing
Startup Cash Flow (Financing)

ENDING CASH BALANCE $236,180

perks

PERKS

Questions?