I happened upon the interesting formula below while reading about cooking thermometers. I understand that fountain drinks are even more profitable.
Great Coffee = Great Profits
Buys coffee at $14.00 per pound
Using 4 ounces to brew a 64 ounce pot
Serving an 8 ounce cup
32 cups per pound of coffee
At 100 cups per day, with 50 refills at no charge
Selling each cup at $1.95
At 54 cents per cup COGS, you profit $44,484.38 in one year
Can you afford NOT to serve delicious coffee?
What sort of “coffee” can you easily add to your business?