This article explores the process of buying a coffee shop or coffee shop franchise. Topics covered include: finding the right coffee shop, business valuation, how to find value, due diligence, the merits of professional help and tips for buying a coffee shop franchise or van-based coffee franchise.
In Canada, as elsewhere in the Western world, coffee remains a vital part of the daily routine for many. Thus, Canadian Coffee Shops are expected to continue to be a regular feature of the consumer experience for the foreseeable future.
Cafes and coffee shops are booming, and a shop in the right location can help you make real profits. But before you can open or buy your very own coffee shop, you will need to find the finance. So where can you find the money to get your cafe or coffee shop business off the ground?