From $1,500 Basement Hustle to $4.5M Nitro Cold Brew Empire

Audrey Finocchiaro and Sam Lancaster turned a $1,500 basement side hustle into The Nitro Bar, a $4.5 million nitro cold brew empire across Rhode Island and Massachusetts. Overcoming early struggles through campus carts and viral TikTok, they emphasize agility, community ties, and digital tools. Their story inspires sustainable entrepreneurship in 2025.
From $1,500 Basement Hustle to $4.5M Nitro Cold Brew Empire
Written by Miles Bennet

In the bustling world of entrepreneurial startups, few stories capture the grit and ingenuity of turning a modest side hustle into a multimillion-dollar enterprise quite like that of Audrey Finocchiaro and Sam Lancaster, the millennial cofounders of The Nitro Bar. What began as a basement experiment in Rhode Island has evolved into a coffee empire generating $4.5 million annually, spanning locations across Rhode Island and Massachusetts. Their journey, marked by near-failure and viral success, offers a blueprint for aspiring business owners navigating the post-pandemic economy.

Finocchiaro and Lancaster launched their venture in 2016 with a mere $1,500 charged to a credit card, focusing on nitro cold brew coffee—a then-niche product infused with nitrogen for a creamy texture. Operating from their home basement, they initially targeted local events and farmers’ markets, but early struggles nearly derailed them. As detailed in a CNBC article from April 2024, the couple “nearly gave up” amid slow sales and logistical hurdles, yet persistence paid off when they pivoted to mobile carts on college campuses.

Lessons from Humble Beginnings: Embracing Niche Markets and Community Ties

The turning point came through strategic placement near universities, where caffeine-craving students became loyal customers. Finocchiaro, reflecting on this in a recent Fortune interview published August 17, 2025, emphasized the role of grassroots marketing. “We’d park our cart outside dorms and let the word spread,” she said, noting how this low-cost approach built a devoted following without hefty advertising budgets.

Viral momentum amplified their growth exponentially. TikTok videos showcasing their frothy nitro brews went viral, drawing national attention and boosting revenue. According to the same Fortune piece, these social media wins transformed their side gig into a scalable business, expanding to brick-and-mortar spots and wholesale operations. Industry insiders point out that this aligns with broader trends, where user-generated content on platforms like TikTok has become a low-barrier entry for food and beverage startups.

Strategic Advice for Restarting in 2025: Prioritizing Agility and Digital Tools

If starting over today, Finocchiaro advises a leaner, more tech-savvy approach. “I’d bootstrap even harder, using free tools like Canva for branding and Instagram Reels for outreach,” she told Fortune, highlighting the importance of digital agility in an era of rising costs. This resonates with current sentiments on X, where entrepreneurs discuss rejecting “hustle culture” burnout, as seen in posts emphasizing sustainable growth over all-in risks.

Drawing from their experience, the couple stresses community engagement. They credit college partnerships for steady demand, a tactic echoed in a NBC Chicago report from 2024, which quotes them on the shock of seeing their bank account swell: “We’d never seen anything like that.” For 2025, Finocchiaro recommends niching down further—perhaps experimenting with sustainable sourcing or health-focused variants to tap into millennial and Gen Z preferences for ethical products.

Scaling Challenges and Financial Realities: Navigating Growth Without Overextension

Expansion brought its own trials, including supply chain disruptions and staffing issues, common pitfalls in the coffee sector. Yet, by maintaining a mobile-first model, The Nitro Bar minimized overhead, a strategy Finocchiaro would double down on today. Recent web searches reveal similar success stories, like Parween Mander’s six-figure side hustle advice in a June 2024 CNBC piece, underscoring the value of iterative testing.

Financially, their $4.5 million revenue stems from diversified streams: retail sales, events, and B2B wholesale. Insiders note this hybrid model buffers against market volatility, especially as inflation pressures mount. As one X post from a business coach highlights, focusing on high-margin niches like premium beverages can yield 20%+ margins for solopreneurs in 2025.

Future-Proofing Entrepreneurship: Innovation and Adaptability in a Changing Market

Looking ahead, Finocchiaro envisions incorporating AI for inventory management and personalized marketing, tools that weren’t available in their early days. This forward-thinking mindset, combined with their story’s emphasis on resilience, serves as inspiration amid reports of millennials ditching exhaustive hustle culture, as noted in a Forbes article from August 2025.

Ultimately, The Nitro Bar’s ascent illustrates that success often hinges on adaptability, community, and smart leveraging of digital trends. For industry veterans, it’s a reminder that even in saturated markets, innovation in delivery and engagement can turn a $1,500 bet into an empire. As entrepreneurship evolves, stories like this underscore the enduring power of starting small and scaling smart.

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