"We've seen brands even with under 100 stores hit valuations of over $600 million."
Exploring the business case for drive-thru coffee and the potential for this highly-profitable format to expand across new market segments and geographies.
"We've seen brands even with under 100 stores hit valuations of over $600 million."
Exploring the business case for drive-thru coffee and the potential for this highly-profitable format to expand across new market segments and geographies.
Dec 2022
In Episode 51 of The 5th Wave Coffee's podcast, they explored the business case for drive-thru coffee and the potential for this highly-profitable format to expand across new market segments and geographies featuring Brett Bolwell, CEO of Barista Equip Australia, coffee historian Amanda Whitt, and Kevin Hydes, Chief Commercial Officer of Tim Hortons and UK&I.
Here are a Few Takeaways:
- Drive-thru coffee the is next big-growth area
- Directly addresses modern consumers' requirements for immediacy
- High-purchase frequency
- A business model appeals to all walks of life
If you can visualize how your new drive-thru café looks like this 2023, set a meeting with us to start turning that vision into reality.
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