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How many of you /biz/ peeps have started a juice bar? I just crunched some loose numbers and came up with a ridiculous income. I didn't calculate any of my start up costs, only operational costs and produce. I'm not concerned about hard start-up costs since I have the money to cover it without a loan.
I found a great spot on a lake side with high foot traffic. I totally want to open this joint and stop working slave wages.
My questions for you:
What mistakes did you make that I can learn from?
How many drinks did you sell on a good day/bad day?
What was your monthly total revenue without billing and expenses?
How much were/are you paying yourself?
How big is your area?
>pic unrelated
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>>2307488
http://www.juiceitup.com/starting-a-juice-bar.htm
https://www.entrepreneur.com/article/27188
http://smallbusiness.chron.com/start-juice-bar-4643.html
https://www.youtube.com/watch?v=LOq_55KtNA4
https://www.goodnature.com/blog/5-tips-for-starting-a-cold-pressed-juice-business/
i knew having these links on hand would come in use one day
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>>2307488
>I didn't calculate any of my start up costs
Here's a pro tip. People tend to greatly over value their profits and under value their costs.
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>>2307770
Start up costs are next to nothing. Even if I needed an 80k loan, it would be paid back in less than 2 years at a liberal pay off amount and high interest rate. Start up costs are irrelevant to me since I have the cash anyway. I'm only interested in the monthly income after losses/costs.
>>2307520
Thanks
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