Oh no no guys. It will be a coffee shop 7day/week. Special even place will only be taking 3 evenings a week. No other times and no other days. It will be called Varadero night event. Coffee shop will be opened until 7pm every day. Laid back atmosphere during days. I am in Canada. The sesponse I...
Thanks guys! I am submitting my offer with numbers that work for me and are more realistic to the industry, market and area. I have officially registered business today as Varadero Cafe LTD
It will be authentic Cuban coffee with tropical vibe, healthy food choices among desserts and of course...
Fingers crossed, plan has been developed, numbers crunched, word of mouth is out, excitement is building...proposal is going out of my hands to the other side tomorrow. Thank you Coffee forum and all who advised me for my dream! Keep you posted
Thanks! I have also met with a very very successful coffee shop owner to discuss tips and tricks and this location. He strongly suggests this location. Now he has no worry in the world about my coffee shop hahaha. He actually gave me some good pointer and where he went wrong when he had other...
Thanks! It is making my math work :) I am a number person. Location is nice, the shop will be more casual walk in atmosphere instead of quick drive through. The only places that have drive through here are big chain companies like Tim Horton's & Robins. It is in a stripall, lots of shopping...
Should rent be around 10% of gross monthly sales? Is that the number I should stick to?
If shop is grossing $1,000/day what would you be comfortable paying for a rent?
Thanks! I did mention to him I am looking into other location so he is under the impression that I am about to walk away if price is not right. So he is ready to give me a better price. I also have got my own proposal ready that suit me and I would be comfortable with paying. However I want to...
Unbelievable how much they charge for space here 35/sq ft. + operating expenses. I am back to square one negotiating for first place. It has the best location out of all available on the market. Hmmmm any suggestions?
Thanks! I have decided to move on and find better location that is more affordable. It may take a bit of time to get the right one. Until then can anyone suggest good grinder and espresso machine? Or what brand are you guys using that is not the most expensive one? You are all amazing and really...
Thanks Jhon P! I wish I only enough to burn hahaha. Maybe the right opportunity will come along. I have to be patient and look around. When it's ment to be and speaks to me that would be the right location. In a meanwhile I should focus on maybe purchasing good equipment. I am planning to sell...
I am not keen on mobile coffee. Just because of plan and vision of coffee shop. Reaserched other locations, same sq ft for $1700/month rental + utilities. Traffic area of 50,000 exceeding. Original location of my interest was around 30,000 in daily traffic. So it is quite clear that location may...
Thank you everyone. I glad to have found this forum. Yes it felt like I was getting closer to my dream but feared that as good of this location is for the city, it may be way overpriced to run successful coffee shop. I do not expect to make millions lol but I do not want to volunteer either...
Yes I appreciate that $1000/day would cover the costs. That is why I was aiming to $1500/day/gross. But is it realistic? With knowledge that he was making at begining $1000/day then dropped down to $500-600/day. Maybe the rent for the space is overpriced considering other 2 coffee shops. Yes...
No I do not have coffee or restaurant experience. But have other business experience as my husband runs construction company however it has nothing to do with coffee :) yes I have become a member of business entrepreneurs and have access to advisor, support and financing. Many of these...