By: A Staff Writer
Updated on: Aug 08, 2024

The Opportunity: The coffee shop industry is valued at over $100 billion globally, with increasing demand for specialty and convenient coffee options.
Startup Costs: $30,000 – $80,000 (vehicle, coffee equipment, initial inventory).
Potential Revenues: $50,000 – $150,000 annually, based on location and customer base.
Risks and Pitfalls: High competition, reliance on high-traffic locations, and potential regulatory challenges.