Investment Required: ₹10,00,000 - ₹22,00,000
Overview:
The Split Cup Coffee Shop is a unique concept designed to revolutionize the coffee shop experience by solving the problem of choice when it comes to selecting a new drink. This innovative coffee shop will introduce the "split cup" concept, inspired by a successful idea from abroad, to provide customers with the ability to enjoy two different coffee beverages in a single cup. By offering a diverse range of coffee combinations, the Split Cup Coffee Shop aims to stand out in the market and attract coffee enthusiasts looking for variety and novelty.
Business Setup:
1. Location:
- Find a prime location in a high-traffic area, preferably near offices, universities, or shopping centers. Rent or lease a space that can accommodate seating and foot traffic.
2. Interior Design:
- Create an inviting and modern ambiance that encourages customers to linger. Invest in comfortable seating, stylish decor, and a visually appealing layout.
3. Menu Development:
- Develop a unique menu with a variety of split cup coffee combinations, including different types of coffee, flavors, and sizes. Experiment with both hot and cold options to cater to different preferences.
4. Coffee Equipment:
- Purchase high-quality coffee brewing equipment, grinders, espresso machines, and brewing stations. Invest in a robust POS system for efficient order processing.
5. Ingredients and Suppliers:
- Establish relationships with coffee bean suppliers, local dairy farms, and flavoring suppliers to ensure a consistent and fresh supply of ingredients.
6. Staffing:
- Hire skilled baristas who are knowledgeable about coffee and customer service. Provide training on the split cup concept and the unique menu offerings.
7. Marketing and Branding:
- Develop a strong brand identity and logo that reflects the innovative nature of the business. Create a user-friendly website and social media profiles to engage with customers.
8. Launch Promotion:
- Offer promotional deals during the grand opening to attract customers. Consider loyalty programs, discounts, or bundle offers to encourage repeat business.
9. Customer Feedback:
- Collect feedback from customers to refine the menu and improve the overall experience. Be responsive to customer preferences and suggestions.
10. Expansion:
- Once the first location is established and successful, consider expanding to other high-traffic areas or even franchising the concept.
Estimated Investment Breakdown:
- Location and Renovation: ₹4,50,000 - ₹7,00,000
- Equipment and Furniture: ₹3,50,000 - ₹6,00,000
- Initial Inventory: ₹1,00,000 - ₹2,00,000
- Marketing and Branding: ₹1,00,000 - ₹2,00,000
- Staffing and Training: ₹1,00,000 - ₹2,00,000
- Contingency and Miscellaneous: ₹1,00,000 - ₹3,00,000
Total Estimated Investment: ₹10,00,000 - ₹22,00,000
Note: The investment required can vary significantly based on location, size, and specific business decisions.
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