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.

  • droplivefred@alien.topBEnglish
    1·
    10 months ago

    If “you only live once” is part of your reasoning to do this, DON’T do it!

    How many months of operating till you did yourself out of that $300K hole? Seriously, being conservative, how long till you break even on that $300K? How much profit are you bringing in a money with this shop?

    Realize that so many things can go wrong and you need a bunch of extra cushion to account for that. How is there a gap in demand for coffee shops anywhere in the US? Are the major chains and current local shops in your area not meeting demand?