It does not take a rocket scientist to notice the huge growth of coffee, coffee shops and everything having to do with coffee. Often timing is such an integral indicator of the success of a business. It would probably not be wise to be the perforated computer paper industry today.
Fortunately, there is such tremendous growth with the speciality coffee industry, that the margin for establishing a viable coffee business is generous. The demand is a direct response to the customers demand for something better and for a quality experience. According to the Specialty Coffee Association of America ( SCAA) this industry will continue to grow and will not peak until 2015.
Growth Factors
- High profit margins per drink.
- Lower quality options with chains food stores.
- Lower quality of standards with chain stores.
- No options at diner type restaurants ( regular/decaf ).
- Hard to replicate at an individual level.
- Slow to improve change (upgrade) at the food service level.
With a premium coffee business you can offer coffees from many counties, different growing climates, different brewing methods and a variety of options of add in, including gourmet syrups. You can serve up specialty coffees in a cafe, bar, kiosk, cart, drive thru or a combination of these options.