A private entity is now actively engaged in raising capital to carry the coffee chain Starbucks to Jamaica, it is understood.
The entity secured the services of an investment house to consider viable methods of raising funds, it is understood.
The players want to put the first location in Sangster International Airport in Montego Bay. There are over 4 million passengers that commute through the airport annually. Visitors to the airport can buy an array of coffees from the airport including from Cafe Blue, Jablum, Coffee Roasters Jamaica.
Earlier this year local media reported that Starbucks is considering entering the island along with other Caribbean territories in the medium term.
Who are the two private sector players seeking to acquire the
Starbucks franchise in Jamaica–They are both in hospitality sector, the
Of course local players are concerned about the implications of a coffee giant entering the land of luxury coffee. Brands that sell to Starbucks including Amber Estate and Wallenford.
Will Starbucks increase the coffee culture? Will Starbucks improve a
cup of local coffee? Or would it simply increase the price? Let’s see. Not all cafe players are upbeat about the prospects especially those who earn from the tourist market.
Starbucks started selling Jamaica Blue Mountain coffee this month at select stores in the United States.
Starbucks will buy beans originating from Amber Estate and St Cloud Estate in the Jamaica Blue Mountains. It will then ship, roast and bag the beans to Starbucks specifications.
The beans from Amber Estate are without doubt a superior bean. Its brews a coffee that’s heavy cacoa, gushing with lemony citrus.
Starbucks, which had stopped offering the beans for about a year in the US, sells an 8.8 oz bag for just under US$30. It describes the coffee as perfectly complex.
“This is a complex coffee with layers of citrus flavor and a hint of chocolate,” states the tweet.
On Starbucks’ official page, it indicates that its the 6th year featuring the coffee described as a “customer and partner favorite”.
“This world class coffee is always limited and we are delighted that we can enjoy it again this year,” stated
Jamaican coffee remains in short supply due to a series of natural – such as the recent drought – and man-made events.
“This coffee was grown beneath the peak of the 7,400-foot Blue Ridge. The dew, along with plentiful rainfall and fertile soil, helps create ideal growing conditions. After the harvest, each bean is scrutinized and certified to ensure nothing short of the highest quality. The result: a complex cup with layers of citrus flavor and a hint of cocoa,” Starbucks added.