Best Location to Open a Coffee ShopShop

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Best Location to Open a Coffee ShopShop by Mind Map: Best Location to Open a Coffee ShopShop

1. Busy main road

1.1. High foot traffic

1.1.1. Will be pretty loud and dusty

1.2. Weekly sales: $5500

1.3. Costs: $1000 rental/week, high staff costs and requires a minimal of initial fit-out

1.4. There might be less costumer then expected

1.4.1. Since eveyone will be busy on their own

2. Old area

2.1. It's old and not that famous (low foot traffic)

2.2. Loud environtement (close to station)

2.3. costs 400 reantal per week, low staff costs but moderate fit-out

3. Coffee Franchise

3.1. Variety of consumer

3.1.1. Children may come here, need extra attention

3.2. High initial fee:$450000, licence fee of 7% of sale + 2% for marketing

3.3. It's not their own business

3.3.1. Can't make their own menus

3.4. Low cost on hiring employee

3.5. Estimated weekly sales: $14,000 (Highest)

3.6. Moderate- high foot traffic since its adjacent to the local primary school

4. Mobile coffee franchise

4.1. Franchise cost $129000

4.2. Low staff costs and no fit out

4.3. estimate weekly sale: $4500

4.4. limited geographic area to operate in