/biz/ - Business & Finance

>>56894580
profit margin for coffee is at ~40% we sell our typical latte for 4 bucks, 7 for a pourover. most people get espresso drinks like a latte
(7 bucks for a starbucks is probably major cities)
its specialty coffee roasted nearby, much better than sbux
at that margin you just can't sell enough coffees to really make money
consider that we make our pastries in house priced 3-5 and our profit margin is 90%
food is around 70% but we charge 8-12 for a plate (toast, oat bowl w fruit etc)
so we make
most of the money we make is from food
every location we open we reduce our costs by buying more ingredients in bulk
need 5-6 shops in good locations to make good money