Whether you’re looking to change career paths or seeking a new investment opportunity, starting your own coffee shop can be an appealing endeavour.
We take a look at just some of the perks of opening up your own coffee shop.
Coffee is Popular
Coffee has been a beloved drink for hundreds of years – and it shows no signs of going out of style yet! There is always a customer base for coffee; we just can’t get enough of a well-made brew!
While coffee trends may come and go, the simpler sips like black coffee, lattes and cappuccinos will remain staples that coffee lovers will come for again and again.
More Than Coffee
While coffee is the main attraction, there are many avenues to sales in a coffee shop. From light lunches and baked goods to drink alternatives like hot chocolate and iced tea, there’s something for everyone in a coffee shop.
This can widen your customer base significantly, and with sweet treats on the menu too, the average order can bring in some extra profits.
Be Your Own Boss
Opening your own coffee shop is perfect for those who would rather make the rules than follow them! As the owner of a coffee shop, you can free yourself from the standard 9-5 and enjoy more control over the work you do.
That’s not to say that opening a coffee shop doesn’t have its own challenges, but with support from a franchisor and the management team you hire, you’ll soon find yourself in a position to create your own work schedule!
Investing in the Community
Coffee shops are known for being social hubs for people to meet and chat. Often seen as community spaces, opening your own coffee shop can help bring people together and uplift your neighbourhood.
As well as the potential for customer loyalty, forging relationships with your community can be a fulfilling prospect for many who are looking to venture into the coffee shop business.
Let’s be honest – a major part of deciding which type of business to choose is based on how profitable it will be. As with many other businesses, the COVID-19 pandemic has certainly had an impact on the coffee industry. However, coffee shops are generally rather profitable.
The UK coffee industry has grown rapidly over the past decade, with a total turnover of £8.9 billion.
It’s always the goal to break even and reach profitability as soon as possible, and one of the best ways to achieve this is through the help of a franchise. Rather than starting from scratch and having to create and source all of your own resources, a franchise can help you to establish your coffee shop and offer support throughout.
If you’re interested in opening your own coffee shop, then Esquires Coffee is here to help! As one of the top coffee franchises in the UK, we have all the tools you need to open your own premises.
Offering assistance along the way to help you make the best decisions for your new business, Esquires Coffee provides support and training to ensure your coffee shop is the best it can be.