Coffee Business

Business Idea: Start A Coffee Business in 2024

Updated: September 3rd, 2024

Avg Monthly Revenue
$10.5K
Avg Startup Costs
$30.1K
Market Size
Avg Revenue
Avg Days To Build
240 days

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.

It’s 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 you’re 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.

$13K Monthly Revenue
$200K Startup Costs
Read by 6,071 founders

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.

$8K Monthly Revenue
$500 Startup Costs
Read by 11,322 founders

See full list of successful coffee businesses.