Often, three to six members is a good size.Here are some ways to use this guide as part of a study group: â¢ Plan the groupâs study program. Parts of the study plan template, beginning on page 32, can help to structure your groupâs study program.
Startup Costs. The type of location and whether a coffee shop is independent or financed are both major determinants of startup costs. A coffee cart can cost $20,000 to $25,000 to start up while a kiosk may cost $25,000 to $75,000.Drive-through locations are typically $80,000 to $200,000, although smaller units can be less expensive.it-down locations typically cost between $200,000 and $375,000 to set up, according to the Bellissimo Coffee InfoGroup. Based on information from Entrepreneur, a franchised sit-down shop can cost up to $673,700 to launch.
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.