Expansion Opportunities La Colombe Coffee Roasters has been expanding its café presence in major cities like Philadelphia, New York, Chicago, Boston, and Los Angeles, with plans for additional locations in 2019. This expansion provides opportunities for partnerships with local businesses, hotels, and restaurants to offer La Colombe's signature blends to a wider audience.
Innovative Product Launches With recent launches of new products like the 'Frothiest Draft Latte' and the 'world's first-ever textured iced latte,' La Colombe demonstrates a commitment to innovation in the ready-to-drink coffee market. These unique offerings create avenues for collaborations with retailers, airports, and convenience stores looking to differentiate their beverage offerings.
Strategic Acquisition by Coca-Cola The acquisition of La Colombe by Coca-Cola showcases a strong market interest in specialty coffee and beverage companies. Business development professionals can leverage this acquisition as a conversation starter with key stakeholders in the beverage industry, potentially opening doors for distribution partnerships and co-branded marketing initiatives.
Industry Recognition La Colombe's accolades, such as being recognized as the 'Eat Out Woolworths Restaurant of the Year' and receiving high scores in the food industry, position the brand as a premium player in the market. This recognition can be leveraged by sales teams to establish partnerships with luxury hotels, high-end restaurants, and upscale retailers seeking to align with award-winning brands.
Revenue and Funding Strength With reported revenues of $50-100 million and funding of $300 million, La Colombe Coffee Roasters exhibits financial stability and growth potential. This financial strength can be a compelling selling point for sales development representatives when negotiating deals with distributors, wholesalers, and investors looking to invest in established, revenue-generating businesses.