Writing a Business Plan for a Coffee Shop
Coffee shops are popular in any major metropolitan area market, suburban market, and even rural market. Usually, the startup costs associated with this type of business are around $100,000 to $200,000 depending on the area, although these cost can be lower depending on the amount of furniture, fixtures, and equipment needed by the business. Coffee shops enjoy very high gross margins from their sales. Over the past 14 years, Deutsch and Thomas has worked extensively with a number of coffee shop entrepreneurs in order to develop business plans that are appropriate for either investors or for financial institutions. In fact, we can ask to provide you with two copies of the business plan – one that is appropriate for a financial institution and one that is appropriate for an investor. This allows our clients have all their financing options open to them. In some cases as well, we have developed business plans that are specific for grant
institutions.
Deutsch and Thomas provides a five-year financial model including a profit and loss statement, common size income statement, balance sheet, cash flow analysis, breakeven analysis, and all applicable business metrics. Specific to the coffee bar industry, we always provide a full industry analysis as well as an economic analysis. As part of our service, Deutsch and Thomas also does all the necessary local research as it relates to the target market, the targeted customers, and the competition at the business will face as it goes through its operations. Of utmost importance to this business plan, is the development of a marketing and advertising plan that clearly showcases how the coffee bar will set itself apart from other companies in the market. We dedicate a substantial amount of time to developing the segment of the business plan.
We very much look forward to working with you as it relates to developing a comprehensive business plan for your coffee shop. All the work that we do is done specifically for the needs of each of our clients, and we always work to your exact specifications. We are happy to work with you throughout the entire business planning and capital raising process. If you're interested in working with us, please contact us anytime at 646-216-9844 or through the contact us form on this website.