- Oct 2, 2006
Hi all I am currently looking into buying a local coffee shop. It has a GREAT location a very good staff and I think I could do some wonderful things to improve profit. I have always been interested in the coffee biz and have been working on a biz plan to start my own shop for quite some time. What things should I keep in mind when writing a biz plan to get funding to buy a shop? I have all of the cash flow sheets last years sales ( its been open exactly 1 year) and I should be getting a copy of the tax info as soon as its done. Can anyone give me any info I should try know or tips ... This would be my first company so I am new and ready to take on all advice I can get!!! if you all need more info please let me know I would be happy to share it!! The aprox price of the shop is 150k all the equipment is included in that price and is payed for ( via the loan) Also any thoughts on the best way to come up with financing would be helpful I plan on trying to pull about 20-30 from equity and the rest a possable silent investor OR trying to hit up the SBA for a small biz loan thanks agian I cannot WAIT to own a shop !!!!