How Much Does it Cost to Open a Coffee Shop?

Ever wondered what it really takes to open a coffee shop in the UK? In this video, I'm sharing our journey of acquiring and launching our new specialty coffee shop, breaking down all the costs involved and what we learned along the way.

It's been a busy few months since we opened our doors on May 2nd, and I'm excited to finally share all the details! We decided to purchase an existing business, "Troost," a well-established specialty coffee shop with a prime location near iconic landmarks in Scarborough.

Whether you're dreaming of opening your own coffee shop, curious about business acquisitions, or just love coffee, this video offers a transparent look into the realities of launching a new venture in the UK.

Let me know in the comments if you have any questions about opening a coffee shop or our experience!

Chapters:
0:00 - Welcome & Apologies for the Wait
0:32 - Why We Bought an Existing Business
0:58 - About Troost & Its Location
02:09 - A Quick Tour of the Coffee Shop
03:16 - Our Coffee Offer & Equipment
04:29 - Deep Dive into the PureBrew Function
05:40 - The Numbers: Breaking Down Our Costs
05:57 - Our Internal Barista Exam
06:23 - Acquisition Costs Explained
07:12 - Total Opening Spend Breakdown
07:33 - IT & Equipment Costs
07:57 - Legal Fees
08:18 - Joinery & Electrical Work
09:08 - Espresso Equipment Costs (and why it was a big one!)
10:17 - Insurance & Plumbing
10:40 - Kitchen Equipment
11:07 - Sundries, Supplies & Uniforms
12:46 - Signage & Menus
13:12 - Capital Expenditure vs. Operating Costs
13:35 - Could You Do It For Less?
13:58 - What We'd Do Differently Next Time
14:35 - Wrap Up