How many people have you met who don’t like coffee?
It’s no wonder then that you’re considering investing in a coffee shop of your own!
To help you on your way, we’re going to explore whether a coffee shop is a good investment and what it means to be part of a UK coffee shop franchise.
Why You Should Invest in a Coffee Shop
Did you know that 2.3 billion cups of coffee have been sold in the UK in the last ten years, with 82% of consumers visiting a coffee shop every week?
The UK coffee industry has been one of the fastest-growing sectors in retail over the past decade, with £8.9 billion in turnover - and this is only going to keep rising over the next ten years.
Unlike with restaurants or bars, your products at a coffee shop are far less complicated. So long as you’re serving the best possible coffee and have an array of snacks, you’ll be golden!
Plus, it’s not just about the coffee (though it does help). Coffee shops have been growing in popularity for a multitude of reasons that we explore further in our article.
Tips to Running a Successful Coffee Shop
First of all, you need to love coffee! Why spend your time doing something you hate, after all?
Next up is standing out. What do you do that’s so different to every other coffee shop? What makes your coffee shop special? You also need to make sure that your values as an owner are shown through your coffee shop. Practice what you preach!
Finally, make sure you’re consistent. You need to keep your customers coming back for more. Always show excellent customer service and you’ll have people ordering with a smile.
Stand Out From the Competition
As with any investment, there can be drawbacks to investing in a coffee shop. With the coffee market growing exponentially, a lot of other people are having the same idea. This means that there’s a lot of competition out there for coffee shops, especially small independent ones.
The trick is to stand out! You need to do what the other big-name brands aren’t.
Bear in mind that running a coffee shop is not all about sitting in the window reading Jane Austen with a cappuccino in hand. Just like running any successful business, it takes work!
Are you thinking about investing in a coffee shop but don’t know where to start? Why not look at becoming one of our franchise partners? As a partner, you can live your dream of owning and running your own coffee shop with the added boost of our brand name.
Not only will you be able to use our decor, operational system and menu, but you’ll also receive ongoing support in areas such as:
- Corporate training for Owner/Operator and team
- Favourable contracts with suppliers
- Marketing promotions and support
- Site selection and leave negotiation
- And so much more!
If you think you’d be the perfect fit for one of our franchise partners, or you want more information, contact a member of our team today.