Coffee Shop Essentials Checklist
3 Min Read By Shannon Llewellyn
Whether it’s served hot or cold, straight up black or blended, the coffee industry shows no signs of letting up or letting down the millions of people who crave their daily fix. With so many Americans choosing to support local businesses, the smaller, independent coffee shops are becoming social anchors in the community and a great way for an entrepreneur to get a sip of the good life as a business owner. According to Statista, in 2015, there were approximately 31,500 specialty coffee shops in the US, with the big chains like Starbucks, Dunkin’, and Tim Horton’s owning the market share of properties. Although the "big box coffee shops" sales have been flat, trade magazines report that independent coffee shops are sprouting up all over the country and commanding consumer dollars. That being said, the number of new coffee shops in the US is expected to increase by 3.8 percent in 2019 and moving forward, as predicted by Daily Coffee News.
But what does this mean for the…
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