How much should I budget to start a cafe?
The average cost of purchasing space could be anywhere between 50L to 1Cr. Whereas, the average cost of renting a space for your restaurant would cost you approximately Rs. 30,000 – Rs. 1,00,000 a month.
How do you budget for a cafe?
Budget Ranges for Coffee Shops of All Sizes
- Coffee cart: $20,000 to $25,000.
- Coffee kiosk: $25,000 to $75,000.
- Drive-thru location: small: under $35,000; large: $80,000 to $200,000.
- Sit-down location: average cost of a 1,200 sq. ft. Coffee bar: $200,000 to $375,000.
How much do cafes make a year?
According to Small Business Chron, coffee shops make an average annual revenue of about $215,000 per year by selling about 250 cups of coffee daily. That works out to be about $18,000 in revenue per month.
How much does it cost to run a coffee shop per month?
It means you should look for a location you can rent for $60 per square foot per year, or $5 per square foot per month. In this case, you should be looking for available premises for $5000 per month.
What is a good profit margin for a coffee shop?
How profitable is a coffee shop as a whole? As a whole, a coffee shop will enjoy a profit margin of 25%, or on average between $55,000 and $100,000 in profit.