Hello all..
I have been reading similar posts and I still wanted to get any thoughts on my idea for a bubble tea business.
I currently live in san antonio, Tx where there is currently no type of china town but resturants and small shops here and there. There is only 3 places that serve bubble tea, one being across town in a restaurant and the other 2 are run down looking places that serve other things like tacos (i am in san antonio).
There is a one year old mall that was built called La Cantera mall that is upscale with all the top stores including neiman marcus, urban outfitters and so on..
they are building a 2 story barnes and nobles this year and this mall is an open air mall so it is outside.
My idea is to have a kiosk and serve these drinks there and since it is mostly warm or hot most of the year I was thinking this would be a good idea. The mall is also loacated right next six flags texas, across the street from the University of Texas(san antonio). I do not need any money or a loan because I have the cash for strat up but I wanted to get an idea if this would be profitable.
rent : 2500
payroll: 2000 per month (if I need to hire someone parttime)
supplies : 3000 per month
cost per cup: .80
sales: average per cup 3.49
I would need to sell 2150 cups per month just to break even
I am estimating based on foot traffic to sell 500 between M-F and 275 on weekends so total for the month: 3100
this is just to start and I would also sell some chinese type candies.
Just want to get some thoughts or recommendations... thank you
I have been reading similar posts and I still wanted to get any thoughts on my idea for a bubble tea business.
I currently live in san antonio, Tx where there is currently no type of china town but resturants and small shops here and there. There is only 3 places that serve bubble tea, one being across town in a restaurant and the other 2 are run down looking places that serve other things like tacos (i am in san antonio).
There is a one year old mall that was built called La Cantera mall that is upscale with all the top stores including neiman marcus, urban outfitters and so on..
they are building a 2 story barnes and nobles this year and this mall is an open air mall so it is outside.
My idea is to have a kiosk and serve these drinks there and since it is mostly warm or hot most of the year I was thinking this would be a good idea. The mall is also loacated right next six flags texas, across the street from the University of Texas(san antonio). I do not need any money or a loan because I have the cash for strat up but I wanted to get an idea if this would be profitable.
rent : 2500
payroll: 2000 per month (if I need to hire someone parttime)
supplies : 3000 per month
cost per cup: .80
sales: average per cup 3.49
I would need to sell 2150 cups per month just to break even
I am estimating based on foot traffic to sell 500 between M-F and 275 on weekends so total for the month: 3100
this is just to start and I would also sell some chinese type candies.
Just want to get some thoughts or recommendations... thank you
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