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Sunday, May 16, 2021

Feasibility study: small cafe projects are the most guaranteed profit opportunity

Coffee shop sales are expected to grow 78% by 2022; So if you are thinking of combining your love for coffee with entrepreneurship, it is time to start a small coffee shop business; Through this initiative, hundreds of friends will have great conversations, the mornings will be brighter and the afternoons will seem less stressful.

There is no doubt that the idea of ​​establishing a small cafe project is very profitable if it is implemented correctly. Perhaps if you pass by one of the specialized cafes scattered in the city, it is likely that it is full of customers who enjoy having coffee, espresso, latte, tea, a variety of pastries, and other good things; Where the process of serving high-quality coffee and snacks in a modern atmosphere is a very successful business model created by “Starbucks” global company, which owns more than 31 thousand cafes around the world.

Small cafe project

Some global statistics indicate that coffee shops are the most popular place to meet with friends, and the preferred place for individuals looking to spend time reading books or magazines or surfing the web while enjoying their favorite drink, and coffee shops are also a popular place for informal business meetings or students to pursue business. If you look closely when entering any popular café, you will likely see a group of students collaborating on a study project.

So, we can say that the small cafe project is one of the most successful and profitable projects and the most widespread in various parts of the world, and it is noteworthy in this project that the materials necessary for work are abundant and available, which guarantees that the work will not be disrupted, in addition to that it does not need much experience or qualifications Unlike some other projects; As it can be implemented in any city, commercial market, or even a vital area at costs that are not exorbitant, and the demand for this project by customers will be very high; Because it targets a huge segment of customers.

So; If you are thinking of establishing a successful and profitable small cafe project, in turn, the “Entrepreneurs” website monitors for you a feasibility study of a small cafe project.

Feasibility study of a small cafe project

In this study, we will undertake a comprehensive analysis of the project idea that takes into account all the factors related to the project, economic, technical, and legal considerations to ensure the likelihood of successfully completing the project, and this study is as follows:

First: choosing the appropriate site

Certainly, this step, which is the first in the project implementation process, cannot be overlooked. Where you must allocate sufficient time to think about the appropriate place and location, as your coffee shop location could lead to its success or failure.

There are a few things to consider when searching for a suitable location and location for a coffee shop: Most notably: that the place on which the project will be established should be in a dynamic location with much movement that the largest possible number of people flock to, such as crowded residential areas, taking into account ensuring that the café can be reached, whether on foot or by car, and anyone can enter.

As for the area of ​​the project, it must not be less than 100 square meters at least, so that the project area accommodates the largest possible number of tables and chairs; In order for customers to sit on it while drinking the various drinks offered by the project.

Second: The necessary equipment for the cafe

It is no secret to anyone, especially those interested in the world of entrepreneurship, that good design in cafes is of paramount importance As it plays an important role in the process of attracting customers and encouraging them to return continuously; Where the necessary equipment should be to create a cheerful, harmoniously colored interior, design a facade of an attractive nature, and place a light advertising banner bearing the name of the project.

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