I'm thinking of starting a coffee shop in a Seattle neighborhood that is your basic espresso, pastries, and wifi sort of setup. I'm just in the exploratory phase and am trying to get some raw numbers to work out the scale of the enterprise. Primary amongst the numbers I need is either the gross take of an average coffee shop in Seattle WA or the net profit for any given period. Thanks.
2006-12-04 08:29:13 · 2 answers · asked by ScottD_Arch 2 in Business & Finance ➔ Small Business
No one will be able to tell you that. You need to benchmark the competition...
As of Oct 2, 2005, Starbucks operated 4,867 locations and employed 91,200 people in its U.S. stores, with total revenue from those stores amounting to $5.4 billion. If I am doing the math correctly, it means that the average store employs 19 people and has an annual revenue of $1.1 million, or, assuming being opened seven days a week, about $3,000 a day.
Whether you will be able to exceed or even approach that benchmark depends on a variety of factors including your location, pricing, perceived quality, and attitude toward customers...
2006-12-04 08:45:47 · answer #1 · answered by NC 7 · 0⤊ 0⤋
it depends on size and popularity.
2006-12-04 16:30:47 · answer #2 · answered by 600 Degreez 2 · 0⤊ 0⤋