HOW TO OPEN A COFFEE SHOP BUSINESS PLAN
The modern rhythm of life dictates its conditions. Very often, a person has no time to just have a snack, not to mention drink a cup of their favorite coffee. So, of course, many people use coffee machines or simply drink instant coffee in fast food restaurants. That is why the service “Coffee to go” has been so relevant in recent years. This is a wonderful opportunity to enjoy your favorite drink anywhere: right at the workplace, not looking up from important matters, relaxing in the park on a bench, or even standing in a traffic jam in the car! In shopping, entertainment, business centers, and sometimes just on busy streets, small coffee shops appear where you can buy real freshly brewed coffee in plastic cups with lids. For an aspiring entrepreneur, such a mini-coffee business is the perfect start. It does not require large investments. It quickly pays off, and, importantly, this entrepreneurship niche is still relatively free.
INVESTMENTS REQUIRED TO OPEN A COFFEE TO GO POINT:
Rent – enough 2-6 square meters. M area;
Coffee equipment – coffee machine and a coffee grinder –purchase or for rent;
Cups, straws, etc.;
Ingredients for making a drink: coffee, milk, sugar, syrups, etc.;
Salary – one employee is enough to start, and this may be the owner of the business;
PAYBACK PERIOD OF THE POINT “COFFEE TO GO”
When a mini-coffee shop starts to make a profit depends on many factors, the main of which is its location. However, as a rule, this period is short ( 2-4 months ) since as many as 100-120 portions of the drink are obtained from 1 kg of coffee.
Of course, you can also brew 140-150 cups, but such a momentary benefit will cause irreparable damage to the institution’s image. Once having tasted thin coffee, a person will not come here and will not advise others.
THE MAIN STAGES OF OPENING A POINT FOR THE SALE OF TAKEAWAY COFFEE
LOCATION SELECTION
For the mini-coffee shop to bring maximum benefit, it is important to choose a good location and also a good coffee shop business plan for its location. The “right” location determines more than half of the success of this business!
Crowding is the decisive factor here. These can be business districts, shopping and entertainment centers, pavilions at bus stops, railway stations, airports, etc.
Moreover, it is better to choose passage places closer to the exit in enclosed spaces, where human flows are maximum. The fact is that coffee to go is a product of impulsive demand. A person saw a mini-coffee shop, felt the delicious aroma of fresh coffee – and bought it.
Of course, rent in such places is more expensive, but it will pay off in the future.
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BUSINESS REGISTRATION
The most beneficial in minimizing taxation and simplicity of tax reporting today is an individual entrepreneur (individual entrepreneur) registration.
SELECTION OF EQUIPMENT AND COFFEE SUPPLIERS
At first glance, the simplest solution is to buy a franchise since many companies on the market offer to open coffee outlets under their brand on various conditions.
However, this is not cheap – at least 150 dollars, which will disappear in case of failure and the business’s closure. Furthermore, the minimum franchise package does not include coffee equipment, coffee, and consumables. All of these must be purchased separately. In addition, many franchisors charge a special fee – royalty (monthly service fee).
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