Habit Carbon Hospitality Collective
Successful boozy doughnut joint opening second downtown Denver location
https://wefunder.com/habit.carbon
Total raised on Wefunder: 89000
Total investors: 48
Quick facts
- Highly experienced management team: Already owns and operates three successful restaurants in Denver; has more than 30 years of hospitality experience each and over 100 years combined, including stints with Wolfgang Puck, Thomas Keller and Mich
- Profitability: Projected cash-on-cash breakeven in three years for $1M buildout; original location has demonstrated 30% YOY growth
- Highly loyal customers and check: 58% of Carbon Cafe & Bar guests visit 2x (or more) daily and spend an average of 4x the industry average per visit
- Operational optimization: Second location will realize cost savings from labor efficiencies, reduced rent, more efficient footprint, shared kitchen and lower food costs
- Location: Situated in the up-and-coming area of Arapahoe Square, heralded as Denver’s next “it” part of town, which is currently undergoing massive transformation with more than 1100 residential units going in; will be main food provider for th
- Buzz-worthiness: 20 million views on viral videos about Habit Doughnuts
- Expansion possibilities: In 2016, Habit Doughnut Dispensary and Carbon Cafe & Bar were placed on the watch list of Fransmart.com