Boseco, a coffee startup, has revealed intentions to launch mobile e-bike coffee shops in major cities, with San Francisco being the first. This ground-breaking strategy allows regular coffee drinkers to buy gourmet coffee from any location in their city in a quick, flexible, and convenient manner. Meanwhile, entrepreneurs that sign up will benefit from a business model that is similar to Uber’s, with low beginning costs, huge demand, easy fulfilment, and a quick return on investment.
Boseco’s new service, dubbed “Coffeeshing,” intends to take advantage of both the vast global coffee market and the strong ongoing trend towards delivery services. Customers will be able to purchase high-quality coffee from any place, including parks and recreational places, using a smartphone app (which traditional delivery services cannot reach).
Coffeeshing will also appeal to a separate market of entrepreneurs as a lucrative and low-risk proposition. Entrepreneurs will be able to provide their services whenever and wherever they want, whether through a smartphone app or on the street. Boseco’s coffee capsules make gourmet quality in just three button clicks, requiring no prior business or barista knowledge.
Because of these benefits, the substantial barrier to entry for beginning a business is removed, making Coffeeshing appealing and accessible to even complete beginners, hence greatly expanding the overall addressable market.
Boseco is in a great position to grow with this new offering because it is a well-established company that distributes high-quality coffee equipment and over 1.2 million coffee capsules per year. Their team, lead by CEO Kostiantin Yun, is made up of successful entrepreneurs who have established and sold enterprises in a variety of industries, from movie theatres to factories.
Coffeeshing’s capacity to quickly deploy in any large metropolis excites the crew. They hope to grow to 10 cities in 2 years and 100 cities in 5 years after their original launch in San Francisco, with a total consumer segment in the 10-20 billion range.