Business Idea: Start A Coffee Business in 2024
Ever thought of turning your love for coffee into a business? Consider starting a coffee shop. At its core, this business means offering high-quality coffee and a cozy space for people to unwind.
You'll need to select a prime location, source exceptional beans, and design an inviting atmosphere. The daily grind involves brewing great coffee, managing inventory, and fostering a community feel.
It’s a venture that blends passion with profit, providing a chance to create a local landmark. The coffee shop market is competitive, but with a solid concept and dedication, it can be highly rewarding. If you’re ready for hands-on involvement and have a knack for hospitality, this idea could turn your caffeine dreams into reality.
Revenue & Profitability
How much do coffee businesses make?
Startup Costs
How much does it cost to start a coffee business?
- It can cost as low as $500 to start a coffee business.
- It can cost as high as $200,000 to start a coffee business.
Learn more about the costs of a coffee business.
Examples Of Successful Coffee Businesses
Successful coffee business businesses and case studies
Chicago based Ignite Technology and Innovation-owned Momentum Coffee & Coworking, which focuses on coffee, coworking, community, and event space, rakes in about $17-20k a month in revenue, mostly from online and offline advertising, and just celebrated their first anniversary, with plans to open 2 more locations in Chicago in under-resourced communities.
Little Coffee Place, a website hub of coffee market information founded by Demri Robinson and Rodrigo, generates on average $8k to $10k a month and has 80,000 monthly viewers, with most of their income coming from Amazon affiliation, other coffee affiliates, and Mediavine advertisements.
See full list of successful coffee businesses.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.