We’ve all heard of pound stores like Poundland and Poundworld, but until last week, I hadn’t seen the concept adapted by the catering industry. I just read about a café in central London where everything on the menu costs £1. Owner Jo Kaye says inspiration came from similar café’s in Israel and New Zealand.
It’s an interesting adaptation of the ‘everything at one price’ business model. Might there be room in your market for a business offering something similar? Perhaps £1 isn’t appropriate, but there might be a price that is.