Startup costs for a coffee cart business range from $9,000 to $18,000. Costs include the cart itself and the coffee equipment. If you get one that is not a trailer, you’ll need a trailer to transport it.
With the right blend of enthusiasm, creativity, and determination, you can make your coffee cart business profitable and successful. This comprehensive guide outlines 11 steps for starting a successful and profitable coffee cart business.
While a coffee cart business is a simpler coffee business concept when compared to a coffee shop, you’ll still need to take some essential steps including setting up your business structure, writing a coffee shop business plan, and selecting your menu.
Earning Potential
If you can get situated in a high foot traffic location, you can expect upwards of 300-400 customers per day bringing in anywhere from $1,000 to $5,000 daily.
Mobile coffee cart owners can operate their business in several ways: by selling cups of coffee, by renting their cart to clients with an open bar business model, or by offering a combination of both.
If you plan to have a brick & mortar location for your coffee cart, you must weigh the costs of your rent, as it may be the most expensive part of running your business.
Is a Mobile Coffee Cart Business Profitable?
It may take lots of hard work at first, but coffee carts are extremely profitable. Coffee sales have a gross profit margin of up to 90 percent, so there are plenty of chances for you to make easy money.
The Main Advantages of a Coffee Cart Business
- Low start-up costs: you can start on a tight budget.
- Coffee is a growing trend: the coffee business is expanding, attracting a crowd of coffee connoisseurs.
- Great Profit Margins: up to an impressive 90% gross profit margin.
Having your very own coffee cart business can provide you with the flexibility and freedom to work the hours you desire, and the ability to operate from various locations, you can cater to a wide range of customers. A coffee cart needs much less investment than a traditional coffee shop. If you’re passionate about coffee, starting a coffee cart business may be the best decision you can make.