Quote:
Originally Posted by chowhou
I think it can be hard to wrap one's head around business numbers, but that's really only 250 $3 coffees a day. Once you add in donuts and warm food, you might only be looking at no more than 150 customers throughout the day which, if this location is high traffic enough, might get spread out over 24 hours if they go 24 hour. That's only 6 customers an hour, with peaks at breakfast, lunch, and dinner. Other overhead probably isn't as much as rent, but let's say they need 8 customers an hour to be profitable. Does that sound so crazy?
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Doesn't sound crazy when you do the math wrong (250*3 = 750) and you simplify all assumptions like assuming 100% profit on every item sold, sure.
An actual small business with no name recognition wouldn't be pulling in hundreds of people per day on day one either.
Also the "other overhead probably isn't as much as rent" is likely true, but you gotta admit from an economic perspective paying more in literal rent-seeking than you do in wages or production costs isn't a good thing.
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