Bloom Coffee Indy | Application Preview
Bloom Coffee Indy is seeking government grant funding to establish a permanent location, purchase essential equipment like an espresso machine and coffee grinders, and support business growth through direct coffee sales and wholesale client outreach.
Their business plan includes operating a storefront and utilizing a mobile coffee cart at various events, including farmers' markets and weddings, to broaden their reach and attract new customers.
The company aims to become the largest dog-friendly coffee shop in Indiana, creating a welcoming space for both people and their dogs. They plan to host adoption events to benefit local animal shelters and promote community engagement. Bloom Coffee emphasizes the quality of their coffee while drawing inspiration from both third-wave and second-wave coffee shops to appeal to a diverse clientele.
In a competitive landscape that includes Tinker Coffee, Indie Coffee Roasters, and The Well, Bloom Coffee distinguishes itself by prioritizing animal welfare and fostering connections with dog lovers. They see a unique opportunity to tap into the dog-friendly market, make a meaningful community impact, and enhance the lives of dogs in their area.
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General Information
Business Registration Number: 88-2076226
Location: Carmel, IN, 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: YES
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Funding Usage
We plan on using the funding to help us secure a permanent location, purchase an espresso machine and coffee grinders for our permanent location
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Business Plan
We plan on growing our business through our storefront with day-to-day coffee sales. We also plan on launching a marketing campaign to secure several wholesale clients that we are able to supply on a consistent basis. We have a mobile coffee cart that we are using in farmers' markets that we will continue to use as an advertising tool. We will take it to farmers' markets, corporate events, weddings, etc. We will use the cart to gather new customers in areas that we may have not been able to reach from our storefront alone. Bloom Coffee aspires to be the largest dog-friendly coffee shop in Indiana. Our vision is to have a space for not only people to come and enjoy the space with some coffee but also for their dogs to tag along for the fun. We plan to have a strong impact on the animals in our community by hosting adoption days and events at our storefront to allow more dogs to find homes and to get more dogs out of shelters. We are not trying to reinvent the wheel when it comes to coffee. We are a third-wave coffee shop that will heavily focus on the quality of our coffee but we will incorporate elements of second-wave coffee shops (ie Starbucks, Dunkin Donuts) so we are able to appeal to the widest variety of people without sacrificing quality or elements of our mission.
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Self Identified Competition
Our top three competitors are Tinker coffee, Indie Coffee Roasters, and The Well. All of these competitors would classify themselves as third-wave coffee shops. These are our competitors outside of Starbucks. These competitors do a fantastic job of providing quality coffee to their customer base. Tinker Coffee is the largest local coffee shop of the three competitors, they host many "coffee-focused" events such as latte art competitions, brewing competitions, etc. They appeal to the true, third-wave coffee lover and they do an amazing job. Our business is different from these competitors because we are heavily focusing on the animals with out shop and focusing on improving the lives of dogs in our community. We have not seen many shops in the area host dog adoption days or interact with dog lovers in our community. Bloom Coffee sees this as an opportunity to focus on an untapped market as well as improve the lives of those in our communities by partnering with these animal shelters. We want to have a true positive impact on our community.
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Contact Applicant
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