Flagship Innovations LLC
Bringing New Orleans Coffee to Houston
$0
Raised
0
Investors
$5,000,000
Maximum Offering
$1,000,000
Target Offering
$500.00
Minimum Investment
Offering Ends
September 1, 2024
$0
Raised
0
Investors
$1,000,000
Target Offering
$500.00
Minimum Investment
$5,000,000
Maximum Offering
$100.00
Interest Price
Offering Expires September 1, 2024
The Offering:
Flagship Innovations LLC will own and operate PJ’s Coffee shops in the Houston metropolitan area. According to the Franchisor’s website, PJ’s Coffee utilizes only the best quality arabica coffee beans, sourcing 14 origin coffees from Sumatra to Ethiopia, Colombia to Papua New Guinea. This gourmet coffee is roasted in small batches of 300 lbs or less by Roastmaster Felton Jones, who has over 22 years of experience with PJ’s Coffee.
PJ’s Coffee is the industry leader in sourcing methods from farm to cup.
PJ’s Coffee carries a complete line of espresso-based beverages, flavored coffee, and award-winning Original Cold Brew™ iced coffee, as well as a variety of food options. Freshly baked pastries and desserts are available for multiple day parts with a focus on supporting sustainability. PJ’s Coffee is the industry leader in sourcing methods from farm to cup.
Flagship Innovations LLC recognizes that maintaining a sterling, well-regarded brand is essential for propagating a strong standing in the Coffee Store Franchises industry. By upholding a positive corporate image in addition to providing PJ’s Coffee’s top quality coffees and other menu items, Flagship Innovations LLC will increase its market share, stand out among its competitors, and become a dominant player in the market. The Company will also fervently track any direct or indirect competition in the marketplace to ensure it stays on top of cutting-edge industry trends and opportunities. Moving forward, Flagship Innovations LLC will strive to meet the following objectives as it accomplishes specific keys to success:
- Become a recognized PJ’s Coffee franchise owner in the Houston metropolitan area
- Develop a strong customer service model
- Remain attuned to the marketplace and integrate services into the business mix that meet the needs of the targeted audience
| Terms: | |
|---|---|
|
Offering Type: |
Equity |
|
Security Type: |
Preferred Membership Interest |
|
Maximum Offering: |
$5,000,000 |
|
Target Offering: |
$1,500,000 |
|
Minimum Investment: |
$500.00 |
|
Price: |
$100.00 per Interest |
|
Available Securities: |
50,000 |
|
Broker Dealer: |
Andes Capital Group, LLC |
|
Transfer Agent: |
KoreTransfer USA LLC |
|
Escrow Agent: |
North Capital Private Securities |
Use of Proceeds
Based on the maximum amount of $5,000,000 is raised.
3%
$150,000
Intermediary Fees
52%
$2,617,400
Location Start-up Expenses
39%
$1,949,800
Long Term Assets
6%
$282,800
Short Term Assets
Over the five years to 2028, industry revenue is projected to grow an annualized 1.2% to $14.4 billion.
Target Market
The primary target market for the menu items that will be offered by Flagship Innovations LLC through its PJ’s Coffee franchises will be consumers aged 35 and up. Accounting for approximately 76.2% of industry revenue, persons in this age group have shown a much stronger inclination to be frequent patrons of coffee store franchises. While consumers 35 and up will be the primary target, the Company anticipates that consumers under 35 will make up a substantial portion of its customer base as well. By prioritizing its marketing efforts, Flagship Innovations LLC will be able to effectively expand the PJ’s Coffee brand in the marketplace.
Market Needs
The market is in need of the menu items that will be offered by Flagship Innovations LLC through its PJ’s Coffee franchises. The Franchisor’s innovative menu and unique environment provide an attractive alternative to other coffee shops, along with its variety of coffees, teas, other beverages, snacks, desserts, and other food items. By leveraging the PJ’s Coffee brand and expanding it further into the Houston metropolitan area, Flagship Innovations LLC is positioned to develop a strong and profitable business, enabling it to remain relevant well into the future.
Flagship Innovations LLC’s mission is to partner with PJ’s Coffee of New Orleans and propel it into a market leader among coffee shops in Texas.
About Us:
Robert Love
Chief Excutive Officer
Robert Love is the founder of Flagship Innovations LLC. Robert is the Director of Trust Accounts at Virtus Partners (FIS Global) and has over 15 years of financial services experience for various companies, including JPMorgan Chase, Citibank, and Bank of New York Mellon. He is also a veteran of the United States Navy with 4 years of service and is a graduate of Florida State College in Jacksonville. Robert is a seasoned business professional who is well-connected and attuned to the needs of his targeted market. His work ethic and business acumen will be the key drivers that propel this venture toward a position of lasting success.
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