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How much does it take to start a cafe?

Would a coffee cafe be a good thing for me and my sister to start? can we get wealthy by doing this???????

  • I live with my sister,brother,house keeper, and parents in Santa Monica We have a pretty decent life I mean our house is probably worth 4 million noone in my family works here my dad owns a medical factory and is a pharmacist out of the US I dont do well in school and I dont really want to go to college my sister and I want to start a cafe together because my dad only has 3 million dollars and isnt working and is getting old I'm just wondering would this be a good idea? our budget is 100,000 i where would be the best location to start a small coffee cafe? my sister is also going to start taking coffee classes and I want to go to pastry school and open up a pastry place in a few years after we started up our cafe my question is can we become weathly by doing this and how long will it take? in like 3 years or so i want us to start another bigger cafe and then another one until were able to make a lot of money

  • Answer:

    No. Probably not. First, it is a horrible idea to go into business with family. Someone is bound to put up more money, more risk or at stake, or work more. The benefit of a partner is you don't have to see them all the time if you lose all their money or work them to death. Next, you seem too money driven. Go to school first, then open the restaurant is the proper way. You can't train for marathons if you can only crawl. Third, $100K will go VERY VERY fast. Finally, if you don't do well in school you won't do very well in the world. School is essential for all aspects of business really...

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This line of business is such that you can start in a small scale, maintain good quality and slowly expand and grow. Unless we start we cannot grow. Customer service and quality are very important.

No. Probably not. First, it is a horrible idea to go into business with family. Someone is bound to put up more money, more risk or at stake, or work more. The benefit of a partner is you don't have to see them all the time if you lose all their money or work them to death. Next, you seem too money driven. Go to school first, then open the restaurant is the proper way. You can't train for marathons if you can only crawl. Third, $100K will go VERY VERY fast. Finally, if you don't do well in school you won't do very well in the world. School is essential for all aspects of business really...

This line of business is such that you can start in a small scale, maintain good quality and slowly expand and grow. Unless we start we cannot grow. Customer service and quality are very important.

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