Coffee is a booming business. Around 65% of office workers consume at least three cups per day as a majority of us aren't as productive without it. This means that there's plenty of cafes which are in high demand however there are plenty of coffee shops for sale in Islamabad for those seeking to join the coffee bandwagon and create their own little slice of the market.
Location is location, location, place
The most important aspect to consider when starting any business that relies on walking trade is that you're based somewhere with a lot of traffic to ensure there is a chance for trade exists from the beginning. The majority of coffee shops on the market are located in areas where they could not make a profit There has also had a failed cafe in that area. Do your research and get to know the locations you're considering. You should not be too close to your competition however when you're in the middle of nowhere, there's a good chance you won't be able to attract many clients.
Small towns are typically a better bet than people realise, as the chance of competition being significantly less. There may be a slower pace of trading, but if you're the only business in the entire area and you provide a superior service, word of mouth will very much be your partner.
Costs
Even if you have a huge budget to start, this will often decrease faster than you have liked. Remember that not only will you have to pay for mortgage or rent, you'll also have bills, the purchase of equipment and stock to fill your shelves as well as costs for staffing. Make sure you budget your money well and don't spend your money on fancy coffee shops for sale without thinking about other areas that you'll be required to spend money to get it up to par.
Are you in the right field? you?
Also, if you're in the market for coffee shops for sale for your first business venture It is worth giving some thoughtful consideration as to whether it is the best type of business for you. It's typically an active role and you'll significantly reduce costs when you're more than just the owner but also a full-time employee of the business.
Are you knowledgeable about the trade in coffee? Are you prepared to put in the effort? Think about the amount of work that goes into being an employee. And remember that you'll have all that to consider in addition to the stress that come with being a business owner.