Okay we have a great location picked: only drive thru one a major commuter road w/ space for a small retail shop inside. I have a great supplier who works with other small coffee shops in the state. I have the plans laid out and everyone thinks its great idea.
But for renovations/supplies/ect its coming out 300k. Is that a horrible idea?
I have reached out to local agencies and haven’t found grants and I don’t feel comfortable asking family.
I’m torn between you only live once/this is my dream and omg I want to throw up.
300k to open a coffee shop? You need scale your dream. If a location needs that much in renovations to get an occupancy permit then find a different location. Coffee shops are low cost of entry compared to other hospitality ventures, you are making it high cost of entry.
You are doing renovations on a property you don’t own, so if you don’t make it the landlord has a coffee shop space ready to rent.