Coffee In Waffle Cones Business Plan

1. Executive Summary

Business Concept:
Leverage the viral trend of coffee served in chocolate-coated waffle cones to differentiate from traditional coffee shops and attract customers looking for Instagrammable and unique food experiences. This concept thrives on social media buzz, visual appeal, and simple, low-cost execution.

Why It Works:

Core Concept:
A coffee kiosk or pop-up serving espresso-based drinks in chocolate-coated waffle cones. The presentation makes it photo-worthy, driving organic word-of-mouth and viral sharing.

2. Market Analysis

Market Demand:

  1. Coffee Market Size:
    • The U.S. coffee shop market is valued at $48 billion annually and is projected to grow 5–6% annually.
    • Consumers visit coffee shops 3–5 times a week on average, creating consistent demand.
  2. Social Media Impact on Food Trends:
    • 69% of millennials take pictures of food to share on social media.
    • TikTok and Instagram Reels drive food businesses like charcoal ice cream and freak shakes viral.
  3. Demand for Novelty and Experiences:
    • Consumers are willing to pay 25–40% more for food that’s unique, Instagrammable, and offers a shareable experience.

Target Market:

Competitor Analysis:

Opportunity: By offering coffee in a waffle cone, you bridge taste, aesthetics, and social media appeal, setting your product apart.

3. Product & Service Offering

Core Offerings:

  1. Waffle Cone Coffee: Espresso drinks served in chocolate-coated waffle cones.
    • Menu Variations: Cappuccino, latte, flat white, cold brew.
    • Add-ons: Different chocolate coatings (white, dark, milk), toppings (nuts, sprinkles).
  2. Takeaway Jars or Cups (Optional Upsell): For customers who prefer reusable options.
  3. Customizable Cones (Future Offering): Collaborations with local bakers for branded designs or custom messages.

Revenue Streams:

4. Startup Costs & Budget

Expense

Cost

Details

Waffle Cone Machine

$2,500

For custom-made waffle cones.

Chocolate Coating Materials

$1,000

Start-up supply of chocolates & toppings.

Espresso Machine

$1,500

High-quality but affordable machine.

Kiosk/Food Truck Rental

$3,000

Temporary space or mobile setup.

Marketing Budget

$1,500

Social ads, content creation.

Packaging & Branding

$1,000

Signage, branded napkins, cone sleeves.

Miscellaneous (licenses, fees)

$1,000

Local permits, business registration.

Total Startup Costs

$11,500

Ready-to-operate business.

5. Revenue Model & Projections

Revenue Stream

Price Point

Units/Day

Daily Revenue

Monthly Revenue

Annual Revenue

Waffle Cone Coffees

$7/drink

100

$700

$21,000

$252,000

Events (e.g., weddings)

$500/event

4/month

$2,000/month

$2,000

$24,000

Wholesale to Local Cafes

$1.50/cone (bulk)

500/month

$750/month

$750

$9,000

Total Revenue

$26,750

$321,000

Projected Annual Profit (50% margin): $160,500

6. Marketing Strategy

Step 1: Social Media Growth (Instagram & TikTok)

Step 2: Local Business Outreach (Cold Email Guide)

Target Audience: Coffee shops, event planners, food festival organizers.
Example Email:

Step 3: Scraping Contacts (Scraping Guide)

  1. Restaurants & Cafes: Scrape Google Maps for independent coffee shops.
  2. Event Planners: Use tools like Hunter.io or LinkedIn to find local planners.
  3. Food Festivals: Search “food festivals near me” and collect contact info from organizers.

Step 4: Facebook Marketplace & Ads

7. Operations Workflow

  1. Waffle Cone Preparation:
    • Pre-make chocolate-coated waffle cones daily to streamline operations.
  2. Coffee Service:
    • Prepare espresso-based drinks and serve them fresh in waffle cones.
  3. Pop-Up Events & Mobile Setup:
    • Attend farmers’ markets, food festivals, and corporate events to reach more customers.
  4. Wholesale Orders:
    • Partner with local coffee shops to provide bulk waffle cones.
  5. Customer Feedback & Engagement:
    • Use Instagram polls and posts to test new flavors and variations.

8. Scaling Opportunities

  1. Franchising: Offer turnkey setups for waffle cone coffee kiosks.
  2. National Wholesale: Supply branded waffle cones to regional coffee shops.
  3. Online Sales: Sell DIY waffle cone kits for customers to make their own at home.
  4. Catering & Events: Expand into event catering for weddings, birthdays, and corporate events.

9. Conclusion

This business capitalizes on the power of unique packaging and the viral potential of visually appealing food. Starting with an initial investment of just $11,500, you can generate over $320,000 annually with a unique, Instagrammable coffee offering. By leveraging social media, cold email outreach, and local partnerships, this model is scalable and poised for success.

Simple idea, huge potential. Start brewing now!