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Wake Up and Smell The Coffee Whether you're a town centre coffee bar, high street pub, village restaurant or boutique hotel, quality coffee is a license to print money. The 'Costa Effect' is prevalent in so many town centres: first one coffee chain, then a rival opens up just up the round and then, suprise suprise, the third opens shortly after. But what's more suprising is that they are always busy. Take a look. Pop down to your nearest Starbucks or Caffe Nero. Count the number of people inside. If you really want a fright sit in there for an hour and make a mental note of how many people they serve - then multiply that number by the price of an average Capuccino - let's say £2.75. Now if you factor
in that the 'Big 3' coffee chains are making 75-80% GP across the board
you start coming up with some really scary numbers! ...any more? How about these...
And quite a few more besides. Most of these are very easy to do and can be produced from the same machine, but it is very important that you get your staff trained to do it well. Coffee can have a wonderful taste that can make people linger around drip feeding money into you business but if you get it wrong they'll soon be stomping back across to Caffe Nero and your hard work in developing a good offer will be for nothing. Before you can start selling any however, you need to get yourself a decent coffee machine. There are many different types of coffee making machines out there and can range in price from £400 - £7000. However, most of the time your better off leasing or hiring a machine from a reputable company. In fact, many will provide free training (to help overcome the problem above), discounted coffee and regular servicing of your machine in order to get your business. There are far too many companies for me to list but a good starting point is a Company called Darlingtons Coffee. I've used them before and found there service and quality to be excellent. Check out my useful websites link for their wedsite. But coffee doesn't just stop with Capuccino's latte's and double machiato's - try experimenting with other ideas. Cafettiers are a great way of making the last part of a meal that extra bit special. Plus you won't find them in Costa so perhaps you can use this as a Unique Selling Point. Diversify into tea's and experiment with iced drinks during the summer months. Incentivise your staff to sell coffee's with or after meals and watch you 'spend per head' line jump up. Run a 'coffee collectors'
card to encourage repeat business, free upsizing or even bottomless
cups (not literally of course). You'll still be returning a fantastically
healthy profit and providing your customers with a quality offer. I could go on forever
but I think you've probably got the picture by now! So grab yourself
a coffee and start planning.
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