Booskerdo Coffee & Baking Co

EB-5 Direct Project
Booskerdoo Coffee & Baking co.

Booskerdoo Coffee & Baking Co. offers franchisees the right to establish and operate a restaurant offering gourmet coffee freshly roasted and brewed in the restaurant, coffee bags, pastries, sandwiches soft beverages and other Booskedoo branded merchandise. (“Restaurant” or “Franchised Business”).

The restaurant is open all day depending on the location and offers a variety of specialty coffees, baked goods and other designated food and drink items served quickly for dine-in or carry-out customers . The restaurants operate under the trade name and mark “Booskerdoo Coffee & Baking Co” and the additional principal service marks, trademarks, trade names, logos, emblems and indicia of origin identified as the “Marks” or “Proprietary Marks.

Why invest in a Booskerdo Franchise?

  • There’s plenty of demand in this growing category- 64% of adults drink coffee every day, leading to an industry that makes approximately $12+ billion in annual sales.
  • Better coffee wins. The demand for specialty grade coffee (coffee’s highest grade and best tasting) is growing, but with no chain actually selling 100% specialty grade. Starbucks blends low grade with specialty grade, hence it doesn’t taste very good.
  • Customers tend to prefer small business and are more loyal to them- They’re 30% more likely to be satisfied with a small business than a big business and are more likely to return.
  • Coffee drinkers are beginning to shy away from large coffee shops and are eager to support ones that are local and community based- 52% prefer shop locally, especially to support the small businesses in their community.

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Economic Conditions

  • Tampa, FL , receives more than 22 million visitors annually and prior to the pandemic, was booming with new restaurants
  • Tampa’s tourism industry also generates consumer demand for restaurants
  • During and after the pandemic, Florida saw an inflow of young adults moving to the state which ads to Booskerdoo target demographics.

EB-5 Direct Investment

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Frequently asked questions

An EB-5 investment is considered “at risk” if the capital is actually and fully invested, with a risk of loss and a chance for gain, and fully deployed in an active job-creating entity. An I-526 EB-5 petition must be accompanied by evidence that the petitioner has placed the required amount of capital at risk for the purpose of generating a return on the capital. Evidence of mere intent to invest or of prospective investment arrangements with no present commitment will not be sufficient.

 

Direct EB-5 investments projects are not pre-approved by USCIS.  The direct investment EB-5 project is reviewed by USCIS in the I-526 filing.  There is no process for pre-approval of direct investment projects.

Direct EB-5 projects do not involve Form I-924 filings.  I-924 are not applicable in EB-5 direct    investments.  

Since the USCIS does not pre-approve direct EB-5 investment projects, Notices of Intent to Terminate the direct EB-5 project are not issued.  The USCIS may issue a Request for Evidence for the Form I-526 and ask additional information about the EB-5 project. 

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