Did Caffino (http://www.yelp.com/biz/caffino-pleasanton) on Pimlico and Santa Rita close?
Original post made by caffino gone? on Jan 11, 2013
on Jan 12, 2013 at 9:10 am
The Hayward Caffino's has also been closed for about a month now. Hope someone takes over--the drive-thru is very convenient and their coffee drinks are really good!
on Jan 12, 2013 at 3:08 pm
Daniel Bradford is a registered user.
Caffino's is indeed out of business, as reported by the Better Business Bureau:
"Out of Business
According to information in the BBB files, it appears that this company is no longer doing business in our area. The phone numbers the BBB had for this company are disconnected, and directory assistance does not have a listing for this company. The BBB's mail to this company has been returned as undeliverable. "
I like Caffino's business model, but there are two problems with it: 1. They aren't big enough to get the bulk discounts that Starbucks has on supplies. The profit margin on any type of food business is very slender, and controlling the cost of your supplies is crucial to maintaining a viable profit margin. 2. The owners were undercapitalized (not enough money to permit them to grow). Those two factors combined are the reason so many small business, especially restaurants, fail.
on Jan 12, 2013 at 3:48 pm
That's too bad. I know they employed a few of the young people in our town and gave employment opportunities to this segment of our population. I always like to support local companies that hire locally and wish the business wasn't forced to close.