A recent survey conducted in April 2019 on 232 coffee shops in the U.S. observed that 50% , 74% of independent coffee shops fail in the first five years. How profitable is owning a coffee shop? According to small business chron, coffee shops make an average annual revenue of about $215,000 per year by selling … Read more
In short, coffee shops are extremely profitable due to the high profit margins and low cost of stock. Like any business, effective management of costs will ensure your café is a success. How profitable is owning a coffee shop? According to small business chron, coffee shops make an average annual revenue of about $215,000 per … Read more
A sit-down coffee shop typically costs between $80,000 and $275,000 to set up. 1. A large drive-through shop can cost between $80,000 and $200,000. How profitable is owning a coffee shop? According to small business chron, coffee shops make an average annual revenue of about $215,000 per year by selling about 250 cups of coffee … Read more