literally coffee. Or as a response to something pleasing.
"Mmm, a tasty cup of schmoffo."
"Are you all set to go?"
-"schmoffo."
noun. A small fictitious rabbit whom is constantly happy and drinks coffee. As a personification of one's first cup of coffee in the morning. All it can say is 'Schmoffo.'
"I'm so happy I think I'm seeing Schmoffo Bunny's."