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May 27, 2024, 12:00 am UTC

99-0709181 | Government Grant Application

Sunshine Express Boba Tea Shoppe LLC | Application Preview

  • General Information

    Business Registration Number: 99-0709181

    Location: Oshkosh, WI, United States

    Length of Operation: 1-5

    Number of Employees: 1-10 Employees

    Annual Gross Income: Less than $100k

    Annual Gross Expense: Less than $100k

    Open to Loans: NO

  • Funding Usage

    Funding will be used to start a lease, purchase remaining items to start up a boba tea shop (supplies, blenders, teas...), some advertising, signage, tables, coolers and countertops, along with registers and kiosks.

  • Business Plan

    Our boba shops effective marketing and promotion strategies could include, but not limited to are the following: - Social Media Marketing: Utilize platforms like Instagram, Facebook, and TikTok to showcase visually appealing boba drinks, engage with followers, and run promotions. - Influencer Partnerships: Collaborate with local influencers or bloggers who can promote your boba shop to their followers. - Loyalty Programs: Implement a loyalty program to encourage repeat business, such as a stamp card for free drinks after a certain number of purchases. - Tastings and Events: Host boba tasting events or participate in local food fairs to introduce your products to potential customers. - Online Ordering and Delivery: Offer convenient online ordering and delivery services through platforms like UberEATS or Door Dash to reach customers who prefer to enjoy boba at home. - Eye-Catching Signage: Ensure your shop has attractive and visible signage to draw in foot traffic. - Collaborations: Partner with other local businesses for cross-promotions, such as offering discounts to customers who show a receipt from a neighboring store. Also, to continue being creative, to continue to engage with our community, and provide an excellent customer experience. The margins on a cup of bubble tea is fairly significant. Altogether, the cost of raw ingredients to make a cup of boba tea might be as little as 75 cents. While prices vary by location, the average price for a cup of bubble tea is anywhere from $5.50 to around $7.50 and up. As such, it isn’t unusual to sell a serving of boba tea for 5 to 9 times as much as it costs you to make it. Offering a wide variety of unique and customizable flavors will be sure to quickly gain a dedicated local following. Through active engagement through social media sites, commitment to quality, and innovations the business will become a hub for small social gatherings. As demand grows, we would like to expand to multiple locations, embracing online ordering and pick-up to cater to a larger audience.

  • Self Identified Competition

    People from our area have to drive 20 and 40 mins north to get boba tea and we know a handful of people who do it often. As far as we know there is a little unknown shop in town that sells boba and food. We would like our location to be the central boba tea location between Milwaukee and Appleton WI. At our boba tea shop, we are dedicated to crafting unique and flavorful beverages that delight and inspire our customers. We strive to create a welcoming and vibrant space where people can connect over quality drinks and exceptional service. Our mission is to infuse joy into every sip, fostering a sense of community and happiness with each cup of our handcrafted boba teas.

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