To start a coffee shop on a small budget, start small by setting up the business, which includes obtaining licenses, permits, space, supplies, etc. It’s essential to identify your target audience and their preferences. Building a profitable, sustainable coffee shop takes careful planning, hard work, and perseverance.
Costs and Considerations
Starting a small coffee shop requires several financial considerations.
- The average brick-and-mortar coffee shop costs between $25,000 and $300,000 to start.
- Small coffee businesses such as mobile coffee carts and espresso stands typically range between $16,000 and $25,000 to start.
- Adding both seating and drive-thru to a coffee shop will increase the overall costs.
- The cost to open a single coffee shop with seating is usually between $80,000 to $300,000.
Staffing and Training
As a new business, you are expected to recruit and train your staff. Expert trainers who help train your new hires will add to the overall cost of opening a coffee shop.
Questions About Opening a Coffee Shop
How much investment is needed to open a coffee shop? Consider the necessary steps and the importance of planning and identifying your target audience.
Remember, it’s crucial to consider significant factors from the beginning in order to stay within your budget.