We have noticed a trend in upper middle class suburban neighborhoods of the hybrid craft coffee, beer, wine and spirits concept. Think Slowpokes in Houston. Coffee all day with drinks in the afternoon/evening hours to make the concept viable.
A business partner and I have been throwing around the idea of opening something like this in our neighborhood that is full of upper middle class households ($205k+) with no real place for us to gather whether for coffee, happy hour or business meeting. Right now within a 1 mile radius of the space we have a chain coffee shop, local coffee shop and Applebee's none of which have a lounge feel.
This isn't an idea that would make millions, but rather a side business that could generate a decent amount of income.
Depending on what day you catch us, we don't know how it wouldn't work in our active and social community while on other days the skins of restaurant/lounge failures cast a dark shadow on the idea.
Is the neighborhood "Cheers" hangout a fad? I expect to hear a lot of you say it's a huge mistake, but I'd like to also hear about some wins that you are familiar with.
A business partner and I have been throwing around the idea of opening something like this in our neighborhood that is full of upper middle class households ($205k+) with no real place for us to gather whether for coffee, happy hour or business meeting. Right now within a 1 mile radius of the space we have a chain coffee shop, local coffee shop and Applebee's none of which have a lounge feel.
This isn't an idea that would make millions, but rather a side business that could generate a decent amount of income.
Depending on what day you catch us, we don't know how it wouldn't work in our active and social community while on other days the skins of restaurant/lounge failures cast a dark shadow on the idea.
Is the neighborhood "Cheers" hangout a fad? I expect to hear a lot of you say it's a huge mistake, but I'd like to also hear about some wins that you are familiar with.