7 Coffee Cafe Business Success Stories [2024]

Pat Walls

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Updated: January 8th, 2024

Start A Coffee Cafe Business

A coffee shop is a popular spot for customers to enjoy freshly brewed coffee, tea, and light snacks in a comfortable and welcoming environment.

These cafes are typically furnished with comfortable seating, free Wi-Fi, and a pleasant ambiance that provides a relaxed environment for people to gather, work or unwind.

To succeed in this business, it is essential to offer high-quality coffee, create a pleasant atmosphere, and provide excellent customer service.

With the increasing demand for specialty coffee experiences, starting a coffee cafe can be a lucrative business opportunity that caters to the widespread love for coffee and the need for communal spaces to enjoy it.

Here are some real life success stories of starting a coffee cafe business:

1. Momentum Coffee and Coworking ($156K/year)

Tracy G. Powell and Nikki Bravo founded Momentum Coffee and Coworking in May 2020 with the goal of creating an affordable co-working space for underrepresented entrepreneurs in Chicago. Despite facing challenges during the pandemic, their strong relationships with customers, intentional partnerships, and active social media presence have helped them attract and retain customers, with their revenue reaching $17-20k per month.

How much they make: $156K/year
How much did it cost to start: $200K
Current team size: 4

How We Started A $13K/Month Coffee Shop And Coworking Space

Chicago based Ignite Technology and Innovation-owned Momentum Coffee & Coworking, which focuses on coffee, coworking, community, and event space, rakes in about $17-20k a month in revenue, mostly from online and offline advertising, and just celebrated their first anniversary, with plans to open 2 more locations in Chicago in under-resourced communities.

About

Nikki started Momentum Coffee and Coworking almost 4 years ago

Revenue

Nikki grew the business to $13K/month

Costs

It cost Nikki $200000 to start the business

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Starting A Coffee Cafe Business: Everything You Need To Know

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So... can you actually make money with a coffee cafe business?

Of course. There are millions to be made in this industry.

But how?

Research real, profitable businesses and see exactly how much money they make.
Study exactly what works, and what doesn’t.
Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

So... can you actually make money with a coffee cafe business?

Of course. There are millions to be made in this industry.

But how?

Research real, profitable businesses and see exactly how much money they make.
Study exactly what works, and what doesn’t.
Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

5. Cafeideas

Leading supplier of Catering equipment, cafe equipment and cafe furniture. All appliances are shipped to Sydney, Melbourne, Brisbane, Perth and Australia Wide.

6. Home

7. The Daily Coffee Cafe

Coffee shop franchise - The Daily Coffee Group - Two tailor-made franchise models to choose from - Coffee Cafe and Coffee Express.