Business Idea: Start A Coffee Business in 2024
Ever thought of turning your love for coffee into a business? Consider starting a coffee shop. At its core, this business means offering high-quality coffee and a cozy space for people to unwind.
You'll need to select a prime location, source exceptional beans, and design an inviting atmosphere. The daily grind involves brewing great coffee, managing inventory, and fostering a community feel.
Itβs a venture that blends passion with profit, providing a chance to create a local landmark. The coffee shop market is competitive, but with a solid concept and dedication, it can be highly rewarding. If youβre ready for hands-on involvement and have a knack for hospitality, this idea could turn your caffeine dreams into reality.
Revenue & Profitability
How much do coffee businesses make?
Startup Costs
How much does it cost to start a coffee business?
- It can cost as low as $500 to start a coffee business.
- It can cost as high as $200,000 to start a coffee business.
Learn more about the costs of a coffee business.
Examples Of Successful Coffee Businesses
Successful coffee business businesses and case studies
Chicago based Ignite Technology and Innovation-owned Momentum Coffee & Coworking, which focuses on coffee, coworking, community, and event space, rakes in about $17-20k a month in revenue, mostly from online and offline advertising, and just celebrated their first anniversary, with plans to open 2 more locations in Chicago in under-resourced communities.
Little Coffee Place, a website hub of coffee market information founded by Demri Robinson and Rodrigo, generates on average $8k to $10k a month and has 80,000 monthly viewers, with most of their income coming from Amazon affiliation, other coffee affiliates, and Mediavine advertisements.
See full list of successful coffee businesses.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
