Ditch Starbucks and work at the library
41–50 of 217 posts
Re: Ditch Starbucks and work at the library
#42Re: Ditch Starbucks and work at the library
#43Starbucks still charges for WiFi? I thought they did away with that. In any case, I always got around it by pretending to be an iPhone. :)
Re: Ditch Starbucks and work at the library
#44Re: Ditch Starbucks and work at the library
#45Re: Ditch Starbucks and work at the library
#46Earlier quoted context omitted.
No. A bunch of people tried that over the last couple years in Chicago; all of them went bust. There are too many viable alternatives to "rental cubby" to charge enough. And coffee shops of all forms are almost sure-fire money losers.
And coffee shops of all forms are almost sure-fire money losers. I'd never heard that before. Is Starbucks an exception? Does their volume make the difference?
Re: Ditch Starbucks and work at the library
#47Starbucks still charges for WiFi? I thought they did away with that. In any case, I always got around it by pretending to be an iPhone. :)
Re: Ditch Starbucks and work at the library
#48Re: Ditch Starbucks and work at the library
#49Earlier quoted context omitted.
I wonder if there's a market for a coffee shop that has small, private office spaces available, perhaps available for free or for an hourly rent. These might be the size of a typical restaurant booth (or a bit larger), but would be enclosed spaces that allow you to block out noise and distractions. It wouldn't even need to be a coffee shop; maybe something like a capsule hotel for workspaces.
No. A bunch of people tried that over the last couple years in Chicago; all of them went bust. There are too many viable alternatives to "rental cubby" to charge enough. And coffee shops of all forms are almost sure-fire money losers.
The failure rate for new coffeehouses is a mere 10 percent, according to the market research firm Mintel, which means the vast majority of cafes stay afloat no matter where Starbucks drops its stores. Compare that to the restaurant business, where failure is the norm.
- http://www.slate.com/id/2180301/pagenum/all/#page_start
There's a reason you can find coffee shops--both franchised and independent--everywhere you go. Selling $.16 of coffee for $4 is quite profitable!