- Joined
- Aug 20, 2023
- Messages
- 114
User Power
Post/Like Ratio
151%
Register now
You must login or register for fastlane membership to view hidden content on this page.
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.
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.