browns
New member
Hello-
We are in the process of acquiring a business that includes a very small coffee shop/area. We are planning to expand that part and offer more food. The space is about 6,000 square feet so it has plenty of space. The current owners are not really focused on the coffee part.
My main concern being that this a rural town with about 15,000 people. There is another town about 9 miles away with about the same population and then a larger town 20 miles away. It has a population of about 30,000. There are no chain coffee shops and the closest direct competition is in the town 9 miles away. From the coffee shop''s website, they have been open since 2001 but it is a much smaller space.
The nice thing is that the purchase includes a downtown building with a massive loft/apartment above the shop. We would not have living expenses on top of the business expense.
Anyhoo, this is my question. Is anyone on here successful in this type of market? There is a small two year college in town and a small 4 year college in the town 9 miles away.
We have lots of ideas for getting people through the door.
We are in the process of acquiring a business that includes a very small coffee shop/area. We are planning to expand that part and offer more food. The space is about 6,000 square feet so it has plenty of space. The current owners are not really focused on the coffee part.
My main concern being that this a rural town with about 15,000 people. There is another town about 9 miles away with about the same population and then a larger town 20 miles away. It has a population of about 30,000. There are no chain coffee shops and the closest direct competition is in the town 9 miles away. From the coffee shop''s website, they have been open since 2001 but it is a much smaller space.
The nice thing is that the purchase includes a downtown building with a massive loft/apartment above the shop. We would not have living expenses on top of the business expense.
Anyhoo, this is my question. Is anyone on here successful in this type of market? There is a small two year college in town and a small 4 year college in the town 9 miles away.
We have lots of ideas for getting people through the door.