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Caffebene coffee franchise coming to Farmers Park

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Husband-and-wife franchisees Seung Hwan Lee and Alice Oh are working toward a late October opening for the first Springfield Caffebene coffee shop in Farmers Park.

The couple signed a lease with Farmers Park LLC for roughly 1,038 square feet at the south-side development, 2144 E. Republic Road, Ste. A102, at $17.50 per square foot for five years with an option for a five-year renewal, Oh said.

"We've been thinking for quite a while we wanted to open up something unique and something that we both liked to do. When I looked at it, the shopping center, I thought, 'Well this would be perfect,'" Oh said of the $22 million development built by Matt O'Reilly and the silent partners of Green Circle Projects LLC. "It felt like I was in New York or some bigger city with the luxury apartments on top, the stores on the bottom, the farmers market on the side and the office building next to it.

"It was pretty amazing, and I realized he didn't have a coffee shop."

Oh said in addition to its storefront, Caffebene would cater directly to office tenants such as O'Reilly's Green Circle Projects.

The South Korean Caffebene company has grown to some 1,400 cafes in five years in 12 countries. Currently, there no franchise locations in Missouri, according to its website.

Oh said the franchise offers cultural menu selections such as nonalcoholic mojitos from South America, gelato from Italy and misugaru, a vitamin-rich grain powder for drinks, from South Korea.

She and her husband paid an initial franchise fee of $35,000 and startup costs are expected to exceed $350,000. The royalty fee is 6.9 percent, she said.[[In-content Ad]]

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