We have a small coffee shop in the downtown area of our city. We've been approached by a local business park to open a new shop at their location. The business park has about 450 employees on campus, plus a daycare and even a charter school with 100+ students.
The park is a mile or so out of town, and the only food service available on campus is a cafeteria-type restaurant.
We're trying to get an idea if it would be financially viable to open a coffee shop here. Our only customers would be people that are already working on campus, parents dropping kids at the daycare or school, and clients of the businesses on campus. So figure a daily "population" of 600+ people.
We would do only drinks and a small amount of packaged foods - no baking or food service. Rent and utilities would be approximately $700 per month.
Would you do it?
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