Think I have a limiting belief on how much volume can actually be sold per day…

[ChrisStanton]

I have an idea for a coffee company that would target a very specific niche. The niche is sizable and has no shortage of money flowing through it. My problem is this:

Let’s say I make $2.50 profit per bag of coffee sold. The actual profit may be more or less but let’s just use this number as an example.

I would have to sell 133 bags of coffee per day just to clear $10k profit per month. It’s hard for me to think that 133 bags a day is even possible yet I realize that obviously it is possible as other coffee companies clearly do it.

I seen to have a limiting belief about how many customers and how much money there really is out there available.

Does anyone have a resource that shows how many bags of coffee some smaller companies actually sells per month/year? I understand this is likely hard information to find but I’m trying to see if the math makes this a viable business.

 

Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

[pmusu]

Devil's advocate: How do you know? Maybe they make money with other products/services. Maybe they operate with twice the margin so they need to sell only half the amount. Maybe they clear $5k profit instead of $10k.

as other coffee companies clearly do it

Anyway, sorry for being an a$$. I'm also curious to know how can we get this kind of input before starting a business!

 

[Kevin88660]

I have an idea for a coffee company that would target a very specific niche. The niche is sizable and has no shortage of money flowing through it. My problem is this:

Let’s say I make $2.50 profit per bag of coffee sold. The actual profit may be more or less but let’s just use this number as an example.

I would have to sell 133 bags of coffee per day just to clear $10k profit per month. It’s hard for me to think that 133 bags a day is even possible yet I realize that obviously it is possible as other coffee companies clearly do it.

I seen to have a limiting belief about how many customers and how much money there really is out there available.

Does anyone have a resource that shows how many bags of coffee some smaller companies actually sells per month/year? I understand this is likely hard information to find but I’m trying to see if the math makes this a viable business.

If your coffee is good why not?

Don’t worry about channels too much. If your coffee sells you can find distribution partners easily who want to make money together.