Starbucks Corporation (Nasdaq:SBUX) may currently be the largest coffee house chain in the world, but it lacks in “star” power. A new player has arrived. Hollywood Espresso, founded by film industry veterans Roberta Pacino and her husband, Mark Oliver Richman. The couple aims to inject a little “Hollywood” into your daily coffee consumption.
If the name Roberta Pacino rings a bell, it is because she is the sister of Al Pacino, the movie Actor. That may not be enough to excite you, but then maybe the concept and ground floor investment opportunity will. Think “Planet Hollywood” the next time you have a cup of cappuccino.
The initial rollout will be 5 company owned stores in Hollywood, Chicago, New York, Miami and Houston to act as distribution centers 366 planned franchises in the coming 60 months. Each company store is an LLC where 49% is available to investors via private placement (DPP).
“It’s Not Just Coffee It’s Entertainment, is not only our company’s service mark, it’s our credo. We believe that coffee is not only the best way to start your day, but also a great way to entertain. Roberta Pacino’s Hollywood Espresso is dedicated to providing the finest coffees and coffee related products found anywhere in the world, offering a unique source for your social tastes.” – Hollywood Espresso
Among publicly traded companies in the same sector, the coffee retailing industry offers a PE ratio in the range of 28-56 operating at 85% margin. Once Hollywood Espresso gets its’ foothold, their exit strategy may include a buyout, IPO or reverse merger. They also plan to grow internationally with the first company store in Tokyo.
The combination of Hollywood glamour with the local coffee house has an interesting appeal and may be a great business for those that have always dreamed of owning their own coffee shop. Here is their opportunity to become part owners with one of the most recognized “Hollywood names” in the world.
Accredited investors interested in this venture can contact the company for more details.
As always, do the due diligence before investing or starting a business.
Contact Info:
Michael Dressner
Director of Corporate Affairs
Hollywood Espresso
849 S Broadway
Ste 202
Los Angeles, CA 90014
mdressner(at)hollywoodespresso.com
954-850-7750
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