Frequently Asked Questions
We have estimates from a general contractor, electrician, and plumber. Our renovation project is estimated to cost $10,000-$15,000. We are working to save as much as we can on this work (including doing as much of it ourselves and/or with friends as possible), but some things - like replacing the 1950s plumbing system and bringing the electrical system up to commercial code - must be done by licensed professionals (for everyone's safety).
Kickstarter takes 5% of our project total if we meet or exceed our goal ($1000+) and adds another 3%-5% for credit card processing ($600-$1000). A percentage of our project goal will cover fulfilling rewards. The rest is ours!
We'll also pay rent and cover fees for various permits, including building, plumbing, and health department.
We're praying we will exceed our goal with the help and support of our community so that we can find ourselves in an ideal spot for opening the doors within a month or two of completing our campaign.Last updated:
If you know that you want to partner with us, consider pledging now! Here's why:
1. Early momentum is important. People who view our project will take it more seriously (and be more likely to jump in) if they see that others are serious about it.
2. There's no cost or risk now! Your pledge is not a payment - no charges are issued until the end of the campaign period on Aug 25th. No charges are issued at all if we don't meet our $20,000 goal!
3. You can change your pledge amount, reward choice, or even cancel your pledge anytime while the campaign is live before 10:30 PM EST on Aug 25th.Last updated:
Actually, inviting our community to be part of opening the shop with us is a big part of our business model.
Most businesses start with someone "asking for money" - usually from family, friends, banks, or private investors. In most cases, a business (especially a restaurant and especially a small-town coffee shop) actually can't get a loan as a start-up. If individuals who want to start a business aren't able to get personal loans, don't have wealthy connections or for various reasons aren't able to work within the parameters of less-traditional funding methods, it can be overly difficult, if not impossible, to get the funding necessary to start a business.
We did take out a sizeable personal loan and have had some family and friends give us a little to get going. These have helped us secure our building (through payment of a security + rent for five months already), secure a premium specialty coffee equipment package for an incredible price, and purchase tons of used restaurant equipment and furniture through various online auctions and Facebook Marketplace/Craigslist listings (we've driven to MA, CT, VT for some pretty sweet deals).
We're committed to doing as much as we can with as little as we can without sacrificing our core values! We're proud of what we've been able to accomplish on our own already but to push through the next stages, we need help. And we love that an option like Kickstarter exists so we can share that experience with others!
Including others in our process is one of our values (we call it Customer Connection). We'll invite people to learn about the coffees and teas we're serving in the shop and our methods for preparing them. We think inclusion and relationship between employees and guests generates a greater feeling of belonging and ownership for people, which is what can make a coffee shop the go-to place for some people day after day. It's totally fine if someone isn't interested in the process and just wants a cup of coffee. But we think having the option is better than not, and we'll try to offer the opportunity to engage in the experience whenever appropriate.
Including others in the process of getting the shop open - letting them know what is going into it and giving them the opportunity to take ownership of that - we think gives us the opportunity to help generate that community sense on a valuable ground level. And that will make Storied Coffee a place people are more proud to call home when it is finally a reality.Last updated:
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