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.
Yeah I could tell you shouldn’t do this by the fact you said 300k for local coffee. Thats like Starbucks franchisee money, if you really want a shop why not just open a Starbucks then you have social media, management, legal, inspections, hr, debt service, kpis, sales projections, micro and macro marketing data, etc etc all in a nice little folder.
Otherwise if you just want a small shop take like 50k and open a Cafe, you will need food and possibly alcohol if you wanna make it fancy. But a business is practical not necessarily always lining up with your dreams, nothing wrong with a paying hobby.
Starbucks doesn’t sell franchises.