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DOCASA INC - DCSA OTCQB - News Alert
Liquor License Issued
Reaches Initial Target - New Target Set
ALERT - As London's
"Top Coffee House" so designated and a business model that includes
world wide franchise opportunities we see these shares as a speculative
buying opportunity . Short term price target is now set at $3.00.
Expect exponential growth 22 coffee shops open to date, almost tripling the number of shops. Management indicates that the company is rolling out an aggressive expansion program over the coming months which includes franchised stores and a complete internet shopping website. Fact Sheet |
On Line Brokers - Todays Trading Alerts
Specialty Coffee Company, DOCASA, Inc.,
Secures First Liquor License for London
Coffee Shop
SCHAUMBURG, Ill., May 18, 2017 /PRNewswire/ -- DOCASA, Inc. (OTCQB: DCSA), through its subsidiary, Department of Coffee and Social Affairs Limited, based in the United Kingdom ("UK"), has secured a first liquor license for its newly extended and refurbished coffee shop in London's iconic Old Spitalfields Market. According to industry analysts, the continued growth in the UK's coffee retail market is primarily due to people now visiting coffee shops more frequently rather than drinking coffee at home or in the workplace. This can be attributed both to the quality of the coffee experience delivered by a Barista and by changing trends in the UK where the coffee shop is rapidly replacing the pub as the place to meet and socialize. Commenting on this trend, the Chairman of DOCASA, Inc. (http://docasainc.com), Stefan Allesch-Taylor, CBE, said, "There are thousands of places in the UK that do not yet have a decent coffee shop. Trends are shifting in the sector, with pubs, the traditional place to meet, closing at a rate of 29 a week according to the most recent statistics provided by Campaign for Real Ale (CAMRA). This is being rapidly offset by the continuous rise of coffee shops, opening at a rate of 21 a week based on the latest research commissioned by UK Coffee Week. The coffee shop is now a true social venue; strengthened by the rise of online shopping freeing up time for Britons to come into town not just to shop, but to meet." DOCASA, Inc.'s President and CEO, Ashley Lopez, commented, "Our coffee shops in Central London are in premium spots with foot traffic of over 1 million people a day. In a number of these prime locations, starting with the shop in Old Spitalfields Market, we look forward to being able to provide our customers a place to get an alcoholic drink at the end of the day, as a way of extending our trading hours and increasing our customer base in those locations. It also gives us an opportunity to collaborate with alcohol brands to create new coffee-based drinks which are much in demand." The UK's coffee shop market has grown consistently during some extremely challenging economic times, even in areas badly hit by the recession post-2008. By offering alcohol at the end of the day, Department of Coffee and Social Affairs recognizes its customers' desire to remain in a family-friendly environment and enjoy a drink at their choice of a social meeting place that they already frequenting daily. With this liquor license, Department of Coffee and Social Affairs is serving espresso martinis, craft beers and rum-infused drinks, as well as its own cold brew range, Bold Brew. About
DOCASA, Inc. For
additional information, please contact: Forward
looking statement: To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/specialty-coffee-company-docasa-inc-secures-first-liquor-license-for-london-coffee-shop-300459592.html SOURCE DOCASA, Inc.
Source: PR Newswire (May 18, 2017 - 8:00 AM
EDT
DOCASA, Inc. Secures New Site in Manchester, UK for its Largest Planned Coffee Shop Opening to DateSCHAUMBURG, Ill., March 29, 2017 SCHAUMBURG, Ill., March 29, 2017 /PRNewswire/ -- DOCASA, Inc. (OTCQB: DCSA), through its award-winning subsidiary, Department of Coffee and Social Affairs Limited, based in the United Kingdom ("UK"), has announced the securing of its first coffee shop site in Manchester, UK. The new site is located on the ground floor of Faulkner House, a 25,000 sq. ft. building of serviced offices, in Manchester's iconic Piccadilly Gardens area. The new site, comprising nearly 3,000 square feet of space and offering 120 covers, will be the Department of Coffee and Social Affairs' flagship store and barista training hub in the northern part of England. It will also act as a co-work space for professionals, with hot desks, breakout spaces and meeting rooms available to rent by the hour. Commenting on the new site, DOCASA, Inc.'s President & CEO, Ashley Lopez, said: "We are thrilled to be opening in Manchester, a city with such a dynamic business and arts culture and one we have been looking to locate in for some time; this is the first of several planned site openings here." She went on, "With 1.91 million professional freelancers in the UK, the increasing demand for flexible workspace is constantly growing. Manchester is no exception to the trend, and we are capitalizing on this demand by dedicating space in our new site to cater for those professionals who need alternative work space." Manchester, the UK's second largest city with 2.6 million people, is known for its flourishing music, culture and arts scene. In the past decade, the population has grown by about 17%, approximately double the UK growth rate. Based on the latest Hometrack research report released this month, Manchester also tops UK cities for having the strongest home price growth: 8.8% year-on-year. The city is home to over 100,000 businesses with an economy generating an annualized $70 billion. About DOCASA, Inc. DOCASA, Inc. is focused on the investment in a rapidly growing specialty coffee market principally in the United Kingdom. Through its subsidiary, Department of Coffee and Social Affairs Limited, headquartered in London, England, it has established and is growing an award-winning, market leading UK specialty coffee shop and online retail business. DOCASA is also pursuing the franchising and/or licensing of its branded shops and premium product offering outside of the UK to countries where the premium coffee market is rapidly expanding. The company continues to review opportunities in the broader international coffee market.
MORE PRESS
DOCASA, Inc. Opens New Coffee Shop in Fortune 500
Company’s Offices in Canary Wharf, London
SCHAUMBURG, IL, March 22, 2017 - DOCASA, Inc.
(OTCQB:
DCSA),
through its award-winning subsidiary Department of
Coffee and Social Affairs in the United Kingdom
("UK"), has announced the opening of a new workplace
coffee shop at the offices of a leading Fortune 500
company in Canary Wharf.
DOCASA, Inc. President &
CEO, Ashley Lopez said, “We have identified a unique
niche in providing workplace coffee shops in the
offices of blue chip multi-national businesses and
will continue to target such opportunities. To be
able to open in Canary Wharf a third one of these
workplace coffee shops is a validation both of our
brand and of the demand for our quality coffee and
food offerings within the working environment.
Sources within the organization tell us their
staff’s daily interactions have increased
significantly and that additional revenues are being
generated.”
About DOCASA, Inc.
DOCASA, Inc. is focused
on the investment in a rapidly growing specialty
coffee market principally in the United Kingdom.
Through its subsidiary, Department of Coffee and
Social Affairs Ltd., headquartered in London,
England, it has established and is growing an
award-winning, market leading UK specialty coffee
shop and online retail business. DOCASA is also
pursuing the franchising and/or licensing of its
branded shops and premium product offering outside
of the UK to countries where the premium coffee
market is rapidly expanding. DOCASA continues to
review opportunities in the broader international
coffee market.
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