mrbagel
New Member
Posts • 232
Likes • 162
December 2017
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Advice needed: artist for wall, by mrbagel on Feb 19, 2018 17:05:57 GMT 1, Well, he's shared his books openly on social media and is closing the shop this year. Aside from that and the fairly common knowledge about the success rates of coffee businesses in a broader context, I suppose there is the outside chance that he's having everyone on.
But then there's my own experience and I can safely say that my salary is currently less than even his.
Well, he's shared his books openly on social media and is closing the shop this year. Aside from that and the fairly common knowledge about the success rates of coffee businesses in a broader context, I suppose there is the outside chance that he's having everyone on.
But then there's my own experience and I can safely say that my salary is currently less than even his.
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Nuno
Junior Member
Posts • 1,095
Likes • 479
November 2007
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Advice needed: artist for wall, by Nuno on Feb 19, 2018 17:07:15 GMT 1, Yeah, common misconception. The gross margin can look like that if you only take into account the cost of the raw product, but that's missing the bigger picture. A bank manager will not loan you the cash if you want to just open a coffee shop. This guy, Mat North is a well-known figure in the coffee scene and runs a shop in Bristol. This blog explains some of the issues and how he takes home less than the average cafe manager salary of £22,000. www.fcp.coffee/blog/post/raising-prices-2017Hmmm, are you quite sure about that mrbagel? Blogs aren’t always truthful
I’m also sceptical of his numbers or he needs to have a word with his procurement team. www.extractcoffee.co.uk (also Bristol based) have well sourced coffee at around £20ish per kg. I’d imagine there would be a discount available to trade...
Yeah, common misconception. The gross margin can look like that if you only take into account the cost of the raw product, but that's missing the bigger picture. A bank manager will not loan you the cash if you want to just open a coffee shop. This guy, Mat North is a well-known figure in the coffee scene and runs a shop in Bristol. This blog explains some of the issues and how he takes home less than the average cafe manager salary of £22,000. www.fcp.coffee/blog/post/raising-prices-2017Hmmm, are you quite sure about that mrbagel? Blogs aren’t always truthful I’m also sceptical of his numbers or he needs to have a word with his procurement team. www.extractcoffee.co.uk (also Bristol based) have well sourced coffee at around £20ish per kg. I’d imagine there would be a discount available to trade... |
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mrbagel
New Member
Posts • 232
Likes • 162
December 2017
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Advice needed: artist for wall, by mrbagel on Feb 19, 2018 17:34:02 GMT 1, Extract are a roaster as well as a coffee shop supplier, so they're higher up the food chain. They supply shops like Mat's as well as contract hire coffee equipment like grinders and espresso machines. These machines are normally leased in such a way that the shop is locked in to their coffee supply too.
It's a bit like saying, 'Tesco are making loads of profit so I can't see why all these independent grocery shops need to shut down'.
At the end of the day — of course it's possible to turn a profit, and in some cases, a decent profit with a coffee business, and like any business, there are things he is doing that could probably be improved, however it should probably be quite clear that it really isn't a money printing business.
Extract are a roaster as well as a coffee shop supplier, so they're higher up the food chain. They supply shops like Mat's as well as contract hire coffee equipment like grinders and espresso machines. These machines are normally leased in such a way that the shop is locked in to their coffee supply too.
It's a bit like saying, 'Tesco are making loads of profit so I can't see why all these independent grocery shops need to shut down'.
At the end of the day — of course it's possible to turn a profit, and in some cases, a decent profit with a coffee business, and like any business, there are things he is doing that could probably be improved, however it should probably be quite clear that it really isn't a money printing business.
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Deleted
Posts • 0
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January 1970
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Advice needed: artist for wall, by Deleted on Feb 19, 2018 17:48:32 GMT 1, Hmmm, are you quite sure about that mrbagel? Blogs aren’t always truthful I’m also sceptical of his numbers or he needs to have a word with his procurement team. www.extractcoffee.co.uk (also Bristol based) have well sourced coffee at around £20ish per kg. I’d imagine there would be a discount available to trade...
Not being in the coffee business but knowing a little bit about things i would guess he could buy cheaper coffee, though perhaps he wants the freedom to buy from where he wants rather than a big Corp
Perhaps he wants to Support the little independent growers rather than the slave amazon corp type growers.
I wouldn't imagine the guy has an office with a procurement team in it.
Also being a shop and actually employing staff and paying holiday pay etc has to be admired
Maybe?
Hmmm, are you quite sure about that mrbagel? Blogs aren’t always truthful I’m also sceptical of his numbers or he needs to have a word with his procurement team. www.extractcoffee.co.uk (also Bristol based) have well sourced coffee at around £20ish per kg. I’d imagine there would be a discount available to trade... Not being in the coffee business but knowing a little bit about things i would guess he could buy cheaper coffee, though perhaps he wants the freedom to buy from where he wants rather than a big Corp Perhaps he wants to Support the little independent growers rather than the slave amazon corp type growers. I wouldn't imagine the guy has an office with a procurement team in it. Also being a shop and actually employing staff and paying holiday pay etc has to be admired Maybe? |
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Nuno
Junior Member
Posts • 1,095
Likes • 479
November 2007
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Advice needed: artist for wall, by Nuno on Feb 19, 2018 18:00:52 GMT 1, I’m also sceptical of his numbers or he needs to have a word with his procurement team. www.extractcoffee.co.uk (also Bristol based) have well sourced coffee at around £20ish per kg. I’d imagine there would be a discount available to trade... Not being in the coffee business but knowing a little bit about things i would guess he could buy cheaper coffee, though perhaps he wants the freedom to buy from where he wants rather than a big Corp Perhaps he wants to Support the little independent growers rather than the slave amazon corp type growers. I wouldn't imagine the guy has an office with a procurement team in it. Also being a shop and actually employing staff and paying holiday pay etc has to be admired Maybe?
The procurement team comment was tongue in cheek. I’d guess the owner has full control on spends.
I’m not a coffee drinker or a business owner so opinion on this is worth very little, but if you look at the above link I posted they are doing exactly what you describe. Local independents roasting the coffee in the centre of Bristol that they bring back.
I wish him and the OP the best of luck 👍🏼
I’m also sceptical of his numbers or he needs to have a word with his procurement team. www.extractcoffee.co.uk (also Bristol based) have well sourced coffee at around £20ish per kg. I’d imagine there would be a discount available to trade... Not being in the coffee business but knowing a little bit about things i would guess he could buy cheaper coffee, though perhaps he wants the freedom to buy from where he wants rather than a big Corp Perhaps he wants to Support the little independent growers rather than the slave amazon corp type growers. I wouldn't imagine the guy has an office with a procurement team in it. Also being a shop and actually employing staff and paying holiday pay etc has to be admired Maybe? The procurement team comment was tongue in cheek. I’d guess the owner has full control on spends. I’m not a coffee drinker or a business owner so opinion on this is worth very little, but if you look at the above link I posted they are doing exactly what you describe. Local independents roasting the coffee in the centre of Bristol that they bring back. I wish him and the OP the best of luck 👍🏼 |
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mrbagel
New Member
Posts • 232
Likes • 162
December 2017
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Advice needed: artist for wall, by mrbagel on Feb 19, 2018 18:13:47 GMT 1, To give you an idea of their scale, they supply the local independent coffee shop to me, in London, which exclusively serve Extract coffee. (There isn't exactly a shortage of suppliers in London.)
An owner of a shop definitely has control on expenditure but I think the point is that a coffee shop on its own is squeezed in many areas including the rising cost of coffee, equipment and staffing. Most success stories in coffee come from further up the food chain such as roasteries or importers, or where the shops have expanded their offering to become a full-blown restaurant (brunch cafe etc) or as in the case with the Grind chain, cafe-restaurant-bars that open from morning until night.
To give you an idea of their scale, they supply the local independent coffee shop to me, in London, which exclusively serve Extract coffee. (There isn't exactly a shortage of suppliers in London.)
An owner of a shop definitely has control on expenditure but I think the point is that a coffee shop on its own is squeezed in many areas including the rising cost of coffee, equipment and staffing. Most success stories in coffee come from further up the food chain such as roasteries or importers, or where the shops have expanded their offering to become a full-blown restaurant (brunch cafe etc) or as in the case with the Grind chain, cafe-restaurant-bars that open from morning until night.
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Deleted
Posts • 0
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January 1970
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Advice needed: artist for wall, by Deleted on Feb 19, 2018 18:20:10 GMT 1, the best coffee shop business i ever did see was muzz buzz
australia.muzzbuzz.com/
You could get so fat so quick on their cold coffee things
the best coffee shop business i ever did see was muzz buzz australia.muzzbuzz.com/You could get so fat so quick on their cold coffee things |
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Dahmer
Junior Member
Posts • 1,143
Likes • 1,107
October 2016
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Advice needed: artist for wall, by Dahmer on Feb 19, 2018 20:38:56 GMT 1, just let dan kitchener paint it, he'll have a wall that size painted and finished in an hour or two
just let dan kitchener paint it, he'll have a wall that size painted and finished in an hour or two
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brycepen
New Member
Posts • 477
Likes • 252
May 2017
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Advice needed: artist for wall, by brycepen on Feb 20, 2018 9:58:19 GMT 1, To give you an idea of their scale, they supply the local independent coffee shop to me, in London, which exclusively serve Extract coffee. (There isn't exactly a shortage of suppliers in London.) An owner of a shop definitely has control on expenditure but I think the point is that a coffee shop on its own is squeezed in many areas including the rising cost of coffee, equipment and staffing. Most success stories in coffee come from further up the food chain such as roasteries or importers, or where the shops have expanded their offering to become a full-blown restaurant (brunch cafe etc) or as in the case with the Grind chain, cafe-restaurant-bars that open from morning until night.
It’s called economies of scale. Your coffee shop owner is pissing and moaning about the costs of running a business?
To give you an idea of their scale, they supply the local independent coffee shop to me, in London, which exclusively serve Extract coffee. (There isn't exactly a shortage of suppliers in London.) An owner of a shop definitely has control on expenditure but I think the point is that a coffee shop on its own is squeezed in many areas including the rising cost of coffee, equipment and staffing. Most success stories in coffee come from further up the food chain such as roasteries or importers, or where the shops have expanded their offering to become a full-blown restaurant (brunch cafe etc) or as in the case with the Grind chain, cafe-restaurant-bars that open from morning until night. It’s called economies of scale. Your coffee shop owner is pissing and moaning about the costs of running a business? |
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brycepen
New Member
Posts • 477
Likes • 252
May 2017
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Advice needed: artist for wall, by brycepen on Feb 20, 2018 10:20:10 GMT 1, Extract are a roaster as well as a coffee shop supplier, so they're higher up the food chain. They supply shops like Mat's as well as contract hire coffee equipment like grinders and espresso machines. These machines are normally leased in such a way that the shop is locked in to their coffee supply too. It's a bit like saying, 'Tesco are making loads of profit so I can't see why all these independent grocery shops need to shut down'. At the end of the day — of course it's possible to turn a profit, and in some cases, a decent profit with a coffee business, and like any business, there are things he is doing that could probably be improved, however it should probably be quite clear that it really isn't a money printing business.
I think it’s definitely a money printing business. Or I’m Just a cynic. Your naivety is admirable. Oh wait, it’s not.
Extract are a roaster as well as a coffee shop supplier, so they're higher up the food chain. They supply shops like Mat's as well as contract hire coffee equipment like grinders and espresso machines. These machines are normally leased in such a way that the shop is locked in to their coffee supply too. It's a bit like saying, 'Tesco are making loads of profit so I can't see why all these independent grocery shops need to shut down'. At the end of the day — of course it's possible to turn a profit, and in some cases, a decent profit with a coffee business, and like any business, there are things he is doing that could probably be improved, however it should probably be quite clear that it really isn't a money printing business. I think it’s definitely a money printing business. Or I’m Just a cynic. Your naivety is admirable. Oh wait, it’s not. |
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Fake
Artist
Junior Member
Posts • 2,376
Likes • 2,144
July 2008
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Advice needed: artist for wall, by Fake on Feb 20, 2018 11:58:43 GMT 1, I think this tread needs a new title...
I think this tread needs a new title...
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mrbagel
New Member
Posts • 232
Likes • 162
December 2017
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Advice needed: artist for wall, by mrbagel on Feb 20, 2018 15:21:20 GMT 1, Yeah to be fair, I'm a secret millionaire and I'm just here to see how the other half live.
Yeah to be fair, I'm a secret millionaire and I'm just here to see how the other half live.
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brycepen
New Member
Posts • 477
Likes • 252
May 2017
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Advice needed: artist for wall, by brycepen on Feb 20, 2018 18:39:07 GMT 1, Yeah to be fair, I'm a secret millionaire and I'm just here to see how the other half live.
Yeah, we know. And so do you.
Yeah to be fair, I'm a secret millionaire and I'm just here to see how the other half live. Yeah, we know. And so do you. |
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moron
Junior Member
Posts • 2,711
Likes • 1,051
September 2017
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Advice needed: artist for wall, by moron on Feb 20, 2018 21:13:42 GMT 1, I would imagine in London for a coffee place, the overheads can be frightening compared with in the sticks. Plus the dreaded coffe shop crowd that take over and put other customers off can be detrimental, plus the hippies who sit in a cafe all day with their lap top and make a cup of coffee last four hours whilst pretending to write a film script on their lap top can make working there very unexciting.
But on the positive side, it's a cash business and on a good day the turnover can add up.
I think about having an artist paint the wall is a lot to do with what you can do for the artist in exchange for them doing the wall for you.
Maybe hire a hippy to make constant remarks at peak tmes about the art and hand out flyers to customers.
Or even have the artist or (artists as would try to have a few artists paint the big wall as a colab which means less work for each artist and an interesting wall) who paints the wall design your coffee cups which you get printed which become collectors items and ergo flipped on this forum.
I would imagine in London for a coffee place, the overheads can be frightening compared with in the sticks. Plus the dreaded coffe shop crowd that take over and put other customers off can be detrimental, plus the hippies who sit in a cafe all day with their lap top and make a cup of coffee last four hours whilst pretending to write a film script on their lap top can make working there very unexciting.
But on the positive side, it's a cash business and on a good day the turnover can add up.
I think about having an artist paint the wall is a lot to do with what you can do for the artist in exchange for them doing the wall for you.
Maybe hire a hippy to make constant remarks at peak tmes about the art and hand out flyers to customers.
Or even have the artist or (artists as would try to have a few artists paint the big wall as a colab which means less work for each artist and an interesting wall) who paints the wall design your coffee cups which you get printed which become collectors items and ergo flipped on this forum.
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