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Global Café, LLC

Summary

Global Café is a restaurant located in Crosstown Concourse that has experienced at least a 25% drop in revenue as a result of COVID-19. The owner has had to lay-off six part-time employees. Food costs have skyrocketed recently and restaurant traffic has been cut in half due to the Concourse businesses being closed.
Stabilization and Recovery Plan:
• Switched to online and delivery ordering
• Able to serve alcohol on the go
• Creating new drink menus
• Modified hours to fit with crowd flow
• Received a $94,000 infusion from PPP
NEED Grant funds will be used for 1 month of rent and business insurance.

Financing Amount:

$8,000

Projected Total Jobs:

Not applicable

Total Investment:

Not applicable

Approved

8/28/2020

Global Café, LLC

1350 Concourse Ave., Suite 157 Memphis, TN 38104