New to site and buying a coffee shop
Hey everyone,
Im new here and my family and I are in the process of buying a coffee shop in our town. My daughter has been working there for a year and they do a great business, my wife and I always said, what a gold mine that place is and if ever goes for sale we should buy it. Well it did go for sale and we are now in the process of buying it. Just submitted the business plan to the bank and now waiting for the funding approval.
The shop is located Bergen County NJ. Does about 350 - 450 customers a day. Uses about 500 pounds of coffee a month.
Gets all its beans from a very larger commercial company, so the bean quality is not great. The Baristas are mostly High school kids and not trained.
The equipment is very old and not that good.
Our plan is the replace all the equipment, go with top roasters (like intelligentsia),
get everyone trained and offer the best quality coffee around.
Look forward to chatting with everyone here.
Im new here and my family and I are in the process of buying a coffee shop in our town. My daughter has been working there for a year and they do a great business, my wife and I always said, what a gold mine that place is and if ever goes for sale we should buy it. Well it did go for sale and we are now in the process of buying it. Just submitted the business plan to the bank and now waiting for the funding approval.
The shop is located Bergen County NJ. Does about 350 - 450 customers a day. Uses about 500 pounds of coffee a month.
Gets all its beans from a very larger commercial company, so the bean quality is not great. The Baristas are mostly High school kids and not trained.
The equipment is very old and not that good.
Our plan is the replace all the equipment, go with top roasters (like intelligentsia),
get everyone trained and offer the best quality coffee around.
Look forward to chatting with everyone here.
Replies to This Discussion
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Permalink Reply by Alun Evans on
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i don't know about the rest of the US posters, but 500lb a month of coffee is pretty healthy- and I am guessing from what you are saying the current roaster is not that flash! Good luck, I would like to echo Brady's welcome...welcome!!!
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Permalink Reply by cornercafe on
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thanks guys, we are real excited about this business and getting into the coffee world. Over the last 2 months we have really educated ourselves and have a new appreciation for the coffee world.
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No problem, good luck, will watch your progress (albeit from afar!)
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Permalink Reply by Joseph on
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I also wish you great success with your new ad-venture. 500 lbs /mo. is good. Is it all consumed as drinks or are there whole bean sales? We go through about that amount but about half is bean sales. We are roasters so that is good for the roastery side but we don't sell enough drinks and paistries etc. to have a profitable store yet. Look at all the numbers, make sure it works with your plan and vision, and get ready for alot of hard work. Most of all - have fun!!
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Its mostly coffee and drinks. Some bean sales. They do alot of specialty espresso drinks. Plus lots of coffee sales. Also lots of ice coffee's now.
Hoping all here can advise on different things we want to try.
On the equipment side, we will be upgrading to the Fetco extraction brewers probably the 2042's.
On the espresso side we are looking at the La Marzacco 3 group or Synesso 3 group. I like the Synesso on the temp control on each group. We want to offer different espresso beans, single origin.
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Permalink Reply by BaristaOnDutY on
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Hi I would like to say good congrats on your new baby, I'm a very small roaster, I specialize mainly in pan roasting beans, and distribute for some larger companies but a word of wisdom Even if you think the coffee isn't that great you may not want to make such a bold change in roaster, I have worked with Intelligentsia, great company great bean, it's not cheap, so before you go trying to justify the increase for a cup of coffee you may want to start slow, I love their coffee but unless you are gonna be able to keep the same coffee prices you want to start small.I'm available for exchange. Welcome!!
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Permalink Reply by Andy Newbom on
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make the change. raise your prices. change your menu, change your equipment, paint new colors, retrain everyone and do it allright all at once. Don't dilly dally and draw out the pain. Hit it strong and make the business yours.
Thats my advice. Intelligentsia rocks. Buy the best you can of every product you sell. Base yourself on quality and give your team pride.
Give them what you do best.
Baristaonduty said:Hi I would like to say good congrats on your new baby, I'm a very small roaster, I specialize mainly in pan roasting beans, and distribute for some larger companies but a word of wisdom Even if you think the coffee isn't that great you may not want to make such a bold change in roaster, I have worked with Intelligentsia, great company great bean, it's not cheap, so before you go trying to justify the increase for a cup of coffee you may want to start slow, I love their coffee but unless you are gonna be able to keep the same coffee prices you want to start small.I'm available for exchange. Welcome!!
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DaBom <aNdYnEwBoM> said:make the change. raise your prices. change your menu, change your equipment, paint new colors, retrain everyone and do it allright all at once. Don't dilly dally and draw out the pain. Hit it strong and make the business yours.
Thats my advice. Intelligentsia rocks. Buy the best you can of every product you sell. Base yourself on quality and give your team pride.
Give them what you do best.
Baristaonduty said:Hi I would like to say good congrats on your new baby, I'm a very small roaster, I specialize mainly in pan roasting beans, and distribute for some larger companies but a word of wisdom Even if you think the coffee isn't that great you may not want to make such a bold change in roaster, I have worked with Intelligentsia, great company great bean, it's not cheap, so before you go trying to justify the increase for a cup of coffee you may want to start slow, I love their coffee but unless you are gonna be able to keep the same coffee prices you want to start small.I'm available for exchange. Welcome!!
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DaBom,
You must be reading my business plan, lol. My thinking exactly.
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Just got a line on a Clover. Does anyone know if the warranty is transferable? Does it still keep the life time warranty?
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