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Culture & Coffee - A love story

Merging the rhythm & soul of the culture with the ambiance and warmth of coffee :) . With your help, we can make this a reality!!

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$1,050
pledged of$5,000 goal
18
37Days Left
Fund it
Campaign Ends on May 7, 2023

Project Description

 l am seeking funding for a coffee house. Uniquely styled, colorful, 1700 sq ft single family home coffee house! Yes, I know it's not like your typical space and very different to the city of Jonesboro, Arkansas.  I am native to Jonesboro and visit quite frequently to visit family. 

I recognized the market for a coffee house in the low income area of Jonesboro after my college reunion.  Yes, there are several locations to get some great coffee, but none with a connection to the community.  After riding through the area, it was confirmation that it was necessary to bring this space to the community that I love.

After preparing the necessary documents, RhythmNCulture, LLC was established. My career was very much demanding which took away time to work on my passion- Creating spaces for the community. Fortunately my career mimicked my passion  yet, I could not quite give it the attention needed. I had a decision to make.  On February 15, 2023, I chose my passion! 

Now comes the real thing, investing my 401k into RhythmNCulture ...YIKES!! Realistically, I will not have enough to budget. Prayerfully, there are enough resources to give it a try.  I have secured the location as of February 24, 2023 utilizing the 401k funding!!!! Yay!! Purchasing the property has decreased the overhead cost. According to my research, rent costs are accredited for 50% of the operational costs allowing more funds for any necessary remodeling of location.  According to my budget, the next major costs are inventory, refrigeration, and espresso machines. Thanks to some very supportive friends, marketing and promotional costs have been taken care of for the first 6 months. 

Total startup cost has been budgeted to $27.258.  The average price for an espresso-based coffee drink is $3.45 in 2018 and the average price for a cup of brewed coffee is $2.38.  Based on the research and budgeting, my average operating income is expected to be at 2.5% of gross sales, potentially increasing with in-house roasting.

An added extra will be to partner with the local small pastry businesses to introduce food items to the customer base. The partnership will increase loyalty to the business and create a connection with the local community. 

Culture & Coffee
Colorfully inspired!!

The Campaign FAQs

Frequently Asked Questions:

Independently owned and operated.

85% of the startup cost will be funded by personal equity

 

 

Michael Calvin
03/29/2023
Monetary Contribution
$10
Bianca Sills
03/25/2023
Monetary Contribution
$50
Taylor Sills
03/25/2023
Limited Edition Logo Hoodie
$50
Taylor Sills
03/25/2023
Limited Edition Logo Hoodie
$50
Nicole
03/21/2023
Monetary Contribution
$200
Chiquita Sistrunk
03/21/2023
Limited Edition Logo Trucker Hat
$25
Nicole
03/19/2023
Monetary Contribution
$200
Jadarius
03/13/2023
Limited Edition Logo Trucker Hat
$25
Jordan Sills
03/13/2023
Limited Edition Logo Trucker Hat
$25
Shareese R.
03/10/2023
Monetary Contribution
$100
Monetary Contribution

Just Because I Care

13 Supporters
Select this reward
25.00 USD
Limited Edition Logo Trucker Hat

Limited Edition Rhythm & Culture Trucker Hat - Distressed Gray

2 Left
3 Supporters
Select this reward
50.00 USD
Limited Edition Logo Hoodie

Limited Edition Stitch Rhythm & Culture Coffee House Hoodie. Black with pocket. Cotton material.

3 Left
2 Supporters
Select this reward

Rewards

Monetary Contribution

Just Because I Care

13 Supporters
Select this reward
25.00 USD
Limited Edition Logo Trucker Hat

Limited Edition Rhythm & Culture Trucker Hat - Distressed Gray

2 Left
3 Supporters
Select this reward
50.00 USD
Limited Edition Logo Hoodie

Limited Edition Stitch Rhythm & Culture Coffee House Hoodie. Black with pocket. Cotton material.

3 Left
2 Supporters
Select this reward