This post was written by Collegian Editor-in-Chief Madeleine Thompson ’15.
The five owners and founders of Nite Bites Café, one of few late-night food options for students on campus, have proposed a plan to sell the company to Kenyon. Because they will all be graduating next week, Autumn Anderson ’14, William Friedlander ’14, Sean Grant ’14, Maureen Hirt ’14 and Justin Top ’14 drew up a business proposal that they have submitted to College administrators.
“Basically the idea is I’m leaving, [and] I want Nite Bites to continue on forever,” Grant said. “We want Nite Bites to continue doing things for the community that its been doing.”
Those things include providing food after Peirce closes and giving students experience running a company. The 30-page business proposal submitted by Grant calls Nite Bites “the most significant entrepreneurship hub at Kenyon for more than two years, after the Innovation Greenhouse program was cancelled.”
Grant said the goal is for Nite Bites to always be student-run “because we’re on the ground floor and we know what other students want.” Given the popularity of Nite Bites milkshakes and the sparse on-campus places to turn to when students are hungry after 8 p.m., Nite Bites has certainly filled a gap. “We can do the job a lot better than Kenyon can, or AVI can,” Grant said. “It’s been a really awesome experience.”
Next year, its fourth year on campus, Nite Bites will have four operators, three managers and 15 employees — all students. Grant would not disclose the proposed asking price, but specified that the money would go to him and the other founders since Nite Bites is able to sustain itself financially.
Chief Business Officer Mark Kohlman, who Grant identified as their point person on the negotiations, said in an email that they have been in conversation about the sale for several months. “Sean et al have put together a transition proposal for the College to consider,” Kohlman wrote. “I am in the process of reviewing that proposal. The goal is to make sure Nite Bites continues its operation moving forward.”