How much does it cost to start a coffee shop?

Starting a coffee shop costs anywhere from $80,000 to $300,000. Alternatively, the cost of opening a coffee truck or kiosk is far less and runs closer to $60,000.

Many different factors can affect the cost of starting a coffee shop, including:

• Location

• Purchase or lease of a commercial space

• Seating

• Drive-thru options

• Amount of staff

Opening a restaurant, including a coffee shop, runs around $180 per square foot of commercial space. That's just for rent or purchase.

When opening a coffee shop, you might have to do renovations, or additions, to a space's interior. You also have to account for additional purchases like furniture and equipment.

That's why it's safe to estimate spending anywhere from $100 to $800 per square foot of your coffee shop. $450 is a good average to expect per square footage when making cost estimations of a coffee shop.

Here are some additional costs to consider in this area:

• Signage

• Furniture

• Lights

• Displays

• Music system

• Custom built-in features

• Decor

Depending on the scale of your location, these costs can be on the high side. You can also expect to spend between $1000 to $1200 monthly on utilities for your coffee shop.

When starting a coffee shop, you must consider essential coffee-making and kitchen equipment. This costs at least $35,000, and often more.

Pre-opening expenses for your coffee shop will generally fall between $20,000 to $120,000. This includes things like marketing, hiring staff, etc.

If you have an outdoor space, furnishing and fixing up the area can cost as little as $1000, or as much as $40,000, depending on your choices and the space size.

Here are some other costs to keep in mind and their averages:

• Organizational and development costs - $2,500 to $200,000

• Professional Services fees - $50,000

• Necessary technology - $1000 to $10,000

• Monthly food costs - $5000 to $20,000

• Franchise fees (if applicable) - $40,000 to $600,000