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Need help with setting up a coffee stall at markets?

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  • #16
    probably end up using 18 g ( that still dpeending on coffeee, insurance ( i get that ), power ( part of electrical bill,), Phone bills + internet sure. IT i can handle it ( else i'll get a friend to do it for me at a cheap price :P).
    Milk, yeah...
    screw tea, staff ( minimum wage man, minimum wageeee)
    accountant and bookkeeping part of IT,
    yeah,, i haven't figured on the leftover bit yet,
    Marketting and attracting the customers, make only a limited amount first so start with small amount to minimize wastage and then , if first few days has a good amount of customers increase the supplying amount?

    im too young to think that much :S

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    • #17
      Chokkidog going into minimum wastage mode.....over and out! ;-D

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      • #18
        Bottom line out of all of this is if you can run a cafe with staff and get a 10% return on your investment, you're a wizard.

        Many go bust and the overwhelming majority of those in operation are marginal businesses. Get busy, require more staff and it's a cycle so to speak. Overheads are massive and once food is in the mix, profit margins are low due to competition.

        The best and shrewdest make money. Many work their arses off to barely break even and the rest end up back at work having blown their dough.

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        • #19
          Originally posted by sprezzatura View Post
          Research power supply before anything else. I've a friend who espressos at markets with a diesel generator and a lot of (dodgy old men) absolutely crack it because they can't hear what their customers are asking about the selection of potatoes on offer.
          this. looking at the practicalities

          you will need to know if you have a powered site, what the cost for the power will be, if you go off grid generators are noisey and inverters/solar need a lot of panels/sun/batteries.

          Sell to your market. And the people I see at markets don’t appear to be the type of coffee drinkers that are over conscious of their coffee. I would imagine an above average repeatable hot beverage at a reasonable price would be all most of them seek.

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          • #20
            Originally posted by koshari View Post
            Sell to your market. And the people I see at markets don’t appear to be the type of coffee drinkers that are over conscious of their coffee. I would imagine an above average repeatable hot beverage at a reasonable price would be all most of them seek.
            Coffee snobs go to markets, no question.

            Never underestimate your clientele....

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            • #21
              Originally posted by chokkidog View Post
              Coffee snobs go to markets, no question.

              Never underestimate your clientele....
              Reminds me of a poem I once heard, "this little coffee snob went to market" ........

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              • #22
                Originally posted by luvmidnite View Post
                probably end up using 18 g ( that still dpeending on coffeee, insurance ( i get that ), power ( part of electrical bill,), Phone bills + internet sure. IT i can handle it ( else i'll get a friend to do it for me at a cheap price :P).
                Milk, yeah...
                screw tea, staff ( minimum wage man, minimum wageeee)
                accountant and bookkeeping part of IT,
                yeah,, i haven't figured on the leftover bit yet,
                Marketting and attracting the customers, make only a limited amount first so start with small amount to minimize wastage and then , if first few days has a good amount of customers increase the supplying amount?

                im too young to think that much :S
                Hi luvmidnite

                Just some thoughts:

                1) You must pay yourself a living wage. Do all initial costings based on paying yourself & friend a decent wage. In the real world: on a bad week, you may have to take a pay cut...
                2) Best international figures show that for every staff member you pay $1, the associated overheads just for that staff member alone (i.e. not counting any allowance for building etc.) add another 80 cents to $1. It is really the same for your own "drawings as wages". FWIW, in my own IT empire, it was closer to $2.50 cost per $1 in wages thanks to Australian laws (compulsory workers comp & superannuation etc etc etc: it is a very long list here). Check your location's laws very carefully indeed.
                3) Most cafes make very little money. Partly that is poor financial management, partly the small revenue of the "over the counter item" and partly a number of nasty hidden items.
                4) Espresso machine boilers chew a huge amount of power compared to the actual energy needed to make a cup of coffee. These days, power bills are going sky-high everywhere. Generating your own may be a smart medium term move (if possible under the lease).
                5) Fitout costs (already mentioned in other posts) can be horrendous. My 3.5m by 7m computer workshop cost $85K to fitout, not counting the specialised IT parts. A medical waiting room of similar size cost $650K without medical gear. Both in 1990 dollars. Scary!
                6) Occ Health & Safety regs can become a millstone... check them out carefully.

                I agree with the "cost it at 52 weeks without revenue" idea as it will ensure you have enough capital to last long enough to see if your business model is truly sustainable.

                Looks like a bit of extra analysis is needed to fill in your odd moments during the silly season (and so on).


                TampIt

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