Each new element of the Abba phenomenon seems to get bigger than the last as demonstrated by Mamma Mia! the stage show devised from Abbaâs songs which opened in London in 1999. Now in its 11th sell-out year it has taken more than Â£185million at the West End box office.
However, for a bread bakery franchise, the total is close to $330,000. Acording to Entrepreneur Magazine, bakery franchises can cost as low as $46,000 to open, but can run into the millions depending on the size and scope of the business.
Your costs will depend upon the type of coffee shop you want to open, the costs of retail space in your community and many other variables. You might need only $25,000 to $75,000 to open a coffee cart or freestanding kiosk or up to $250,000 or more for a standalone coffee shop with a drive-thru. With some coffee shop franchises, you might need as much as $500,000. If you already own a suitable building or have a complementary business such as a bakery, your costs might be much lower. In addition to start-up costs, you should have cash on hand to cover all of your operating expenses for the first six months. Here is a brief list of costs to consider when opening a coffee shop, and some recommended maximums: Rent and build-out costs for your chosen location. As a rule, rent should be no more than 15 percent of projected sales.