This is Why Most Coffee Shops Don’t Make Money

Рет қаралды 12,219

Күн бұрын

Why do so many cafes struggle to make money? Today, we take a crash course in the 3 key costs that make or break every cafe business.
Sections in this video:
0:00 The #1 Problem
0:40 Understanding Profit
2:00 Gross Profit
5:24 Labour Cost
7:19 Occupancy Cost

Пікірлер: 10

@DougPlunger Ай бұрын

This is the most helpful and simple to understand explanation of the true costs, expectations, suggestions, and realities of running a business I have ever seen. Thank you SO much!

@coffeebusinessbasics Ай бұрын

Glad it was helpful!

@matthewschlener2024 Ай бұрын

agreed. this is amazing! @coffeebusinessbasics any chance you would be willing to share a template of the labour cost excel file?

@OHANA-Beach-Suites Ай бұрын

Thanks for helping with amazing information here!

@ibizawavey8630 Ай бұрын

This explains why ALL the coffee spots in my city of 600K keep closing down! Not one of them can stay open, then another one takes over, on and on and on. I never understood what was going on.

@alex98b627 Ай бұрын

I work on a target of

@coffeebusinessbasics Ай бұрын

so true, not enough people run the numbers before signing the lease.

@alex98b627 Ай бұрын

@@coffeebusinessbasics or they just think they can make enough money to afford a $80,000pa rent. Not realising that they need to make min $33,000 in gross revenue each week before they even have a chance of making a reasonable profit. The reality is that Cafes need prime real estate to work, but can't afford to pay prime real estate rents...