I never knew the full story about Next Coffee, and you might not either. It was originally meant to be a student lending facility and when the lending market fell through, the owners did the next best thing — start a coffee shop!
The company, which once disbursed more than $4.5 billion in student loans, went from 900 employees to 50.
The owners quickly regrouped and surveyed what they had left: 3,800 square feet of space – and coffee. They began turning the cavernous space into an unlikely coffeehouse.
“We had to get very, very creative,” Fisco said. “It was hit or miss for a while.”
Read the full story on The Arizona Republic.