Blank Street Coffee Menu – Blank Street serves coffee from retro carts: a cross between a food truck and a mobile cart.
Blank Street is a 14-unit “micro-commerce” brand aiming to deliver cheaper coffee in over 100 locations next year
Blank Street Coffee Menu
Blank Street, a Brooklyn-based 14-unit coffee shop chain that made its debut in 2020, secured $ 25 million in a Series A loan led by investors General Catalyst and Tiger Global, the company announced Wednesday. Other investors include Neil Blumenthal and Dave Gilboa (Warby Parker), Jeff Raider (Warby Parker and Harry’s), Joey Zwillinger (Allbirds), and global real estate firm Tishman Speyer.
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After raising $ 7 million earlier this year, this round of funding will be used to implement Blank Street’s ambitious expansion plans to open 100 New York locations by 2022.
Blank Street opened its first location (mobile coffee cart) in Williamsburg, Brooklyn in August 2020 and quickly expanded to 13 more locations across New York, offering a mix of coffee carts and so-called coffee-sized medium. The mobile carts work in conjunction with EV Foods and emit no gas or noise.
With such a small area, Blank Street can present its relatively low prices compared to the competition from this coffee chain. Blank Street Claims Prices are 20-30% lower than Starbucks and on par with Dunkin ‘. A Blank Street cappuccino costs $ 3.50 while a Starbucks cappuccino in the same market can cost over $ 4.
“It was our great idea to reduce the scope of our position to save money on real estate to invest elsewhere, such as high quality products at lower prices and new technologies to increase speed and ease of use,” said Vinay Menda, co-founder of Blank Street Coffee. Hospitality. “What makes our model work is density.”
Blank Street Coffee Announces $25 Million Series A Funding
Blank Street expresses its micro-store market identity with local brands such as Parlor Coffee, Gertie bagel, King Street Baking Co. and King David Tacos.
“Our goal is to have multiple locations in a neighborhood, not just one, to increase brand awareness,” said Menda.
This latest round of funding will not only allow for greater retail expansion: Blank Street is also launching a wholesale partnership program called “Powered by Blank Street”, which will allow retailers to sell their products without building a new store. . They will make their debut in this collaboration with King David Tacos. KDT Powered by Blank Street carts will enter different neighborhoods in New York City selling both the famous KDT breakfast tacos and Blank Street coffee.
Blank Street has already benefited from the mobile experience with its pre-order, mobile payment and rewards app, which it claims accounts for 20% of transactions. With the latest round of funding, they expect to expand the app’s capabilities as more local vendors join it. We are a small format coffee built around the idea that a good coffee should be valued and positioned in such a way that it becomes part of everyday life.
Blank Slate Coffee + Kitchen
We are happy to announce that we have brought our native Brooklyn coffee to London! Londoners, you can find us in Fitzrovia and Shoreditch, we look forward to receiving you and your orders. PS- thanks for the hottest party.
We’ve partnered with King David Tacos to bring you the most delicious takeaway breakfast tacos from our carts. At Madison Square Park and Grand Army Plaza, eat this Austin-style taco with your favorite latte.
Strollers are considered more environmentally friendly than old-fashioned models as they are all electric, zero emissions, and are powered by a battery that is neither toxic nor polluting.
“It’s good. It’s good because you know what I’m looking for in the cold brew? … A lot of the cold brew you bring out is sour. I want something nutty, so it’s really good. Good size. Large. Not too not enough “.
Blank Street Coffee Comes To London
“Very comfortable seats, I like being able to order in the app and pick them up, plus you can earn points pretty quickly and have a coffee at home. I also like the fact that they support local businesses. “
“I love this place and have convinced my colleagues to make it their favorite place too. Our deliveries arrive hot, carefully packed and sometimes on a sweet note! The best service and always friendly faces. The app / rewards program is also great. We love you, Empty Road!
“Blank Street Coffee (Court Street) is one of the best coffee experiences I’ve had in NYC. The staff are friendly, the coffee is great and my dog insists we go out to say hello every morning. I imagine a better way to start the day and I’m glad they opened in Cobble Hill! “
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Share All sharing options: NYC Coffee Brand powered by Espresso and millions of dollars of venture capital on the way
A fast-growing coffee brand in New York, powered by espresso and millions of dollars in venture capital funds, is trying to break even. According to Bloomberg, Blank Street Coffee, which now has 29 New York locations dotted with small pistachio-colored coffee shops and carts, will begin brewing in Fitzrovia near the University College campus on Gower Street before expanding to the area and Marylebone.
Co-founder Issam Freiha, who founded the Vinay Menda company in the summer of 2020, has grown and strives to be the brand’s “second largest city.” Growth in New York City is based on four main things: high quality coffee; cheap coffee; small internships; and $ 60 million in funding. According to a New York coffee drinker, the passion for expansion came from “such sweet coffee carts!” to “there are a lot of coffee carts!” in a time twice as fast.
Menda told Bloomberg that “we will serve high quality specialty coffees and our prices will be cheaper than Costa Coffee and at the same or lower price than Pret a Manger.” Taking Pret as an example, the filter costs around £ 1.60 and £ 3.25 for flat white, which is actually only slightly cheaper than flat white, say, in one of the best coffee shops, and times will be even more expensive. . Flat white in Costa currently costs £ 3.15. This is different from New York coffee prices, where specialty drinks can cost $ 7-9 (£ 5.30-6.90) before tipping and the ratio of ‘daily’ to ‘special’ coffee is less flawed than in.
Blank Street Coffee, Manhattan, New York
Blank Street makes these prices possible with super-automatic coffee machines. These are enhanced versions of what many home (or office) coffee drinkers might call bean in cup, where the push of a button produces everything from espresso to milk. Produced by the Swiss producer Eversys, they are highly regarded in the world of specialty coffees, but have yet to conquer the market, with considerable value (and a somewhat unrealistic love story with an employee often poorly paid for his work) as a barista and microscopically attentive to the preparation of coffee. Also rent small buildings or use trucks, which greatly reduces rental costs. New York-based café startup Blank Street announced a $ 25 million Series A funding round this morning.
The company, which offers small-format stores and fast-service mobile carts, hopes to serve 100 stores across New York by the end of 2022.
The brand debuted its first mobile cart in Williamsburg, Brooklyn in August 2020, and has since grown to 14 locations, each offering roasted coffee from Brooklyn-based Parlor Coffee.
Blank Street was founded by Vinay Mena and Issam Freih, two immigrants who moved to the United States to study at New York universities. Upon graduation, the two founded the Reshape venture capital fund, focusing on investments in technology and real estate.
Blank Street: Nyc Coffee House Opens In London
As announced by Blank Street, the founders were inspired by brands in the takeaway coffee and tea network such as Kopi Kenangan (Indonesia) and Heytea (China), whose rapid growth was made possible in part by relatively small retail outlets. .
Blank Street says traditional places are designed to be about a quarter the size of traditional coffee shops, while mobile street carts have been developed thanks to a partnership with New York-based EV Foods.
Earlier this year, Blank Street announced it had received $ 7 million in initial funding. The new $ 25 million round is led by investment firms General Catalyst and Tiger Global, with individual investors including founders Warby Parker, Harry’s, Allbirds and real estate firm Tishman Speyer.
Capital inflows will be used to support the further development of consumer-oriented retail technology e
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