The first step to starting your daiquiri shop is to learn how much it will cost to start up. The good news about this endeavor is that you can start with just about no money at all and still end up with something that people will come back to time and time again. You’ll have to be flexible, though, as it may take some time to get your business going well and make money from it – if you don’t give up! Here’s what you need to do to start your daiquiri shop on the cheap.
Determine Your location
When you’re ready to open up a daiquiri business, the first step is choosing where it will be located. Ideally, choose a high-traffic area with lots of foot traffic. You want people coming in and out so they can smell the deliciousness that awaits them. The perfect spot for this would be downtown near an office building or college campus.
Get Your Licenses for Daiquiri Shop
Before you can start your daiquiri restaurant, you will need to compile expenses. You’ll need to get your liquor license, food handler’s permit, and health inspection before you can open up shop. The one-time licensing fee for your liquor license is $600 and the food handler’s permit is $120 per year. Finally, the health inspection fee will be determined by how often you need one; the most common are annual inspections which are about $200. If you plan on making drinks with alcohol, you’ll also need to get a state retail food dealer’s certificate that costs between $100-$250 depending on what type of establishment you want to start. Once those are out of the way, it’s time to buy some supplies!
Check Out Equipment Costs
Before you can start your daiquiri restaurant, you will need to compile the expenses. For example, if you are looking to start your daiquiri restaurant on a shoestring budget, then you will need to make sure that you take into account the cost of equipment. There are many different kinds of equipment you might need to purchase, such as blenders, shakers, and mixers. When it comes to starting up a daiquiri business, there is no one right answer for what equipment you should have to stay competitive in this industry.
Order Supplies (Don’t forget mixers!)
You can’t have a successful daiquiri franchise without developing a full line of daiquiri recipes. You’ll need a variety of mixers, like juice, alcohol, and sugar. You might also want to invest in some straws, cups, and napkins. Depending on the ingredients you choose, it can be pretty inexpensive to get started with these supplies.
Hire Staff for Daiquiri Shop
Opening up a daiquiri shop is no easy feat, so don’t hesitate to hire help. People love the charm of bars, and demand for frozen cocktails is only increasing. If you’re not sure where to start, reach out to other local shops in the area and see if they would be willing to offer advice or even let you observe them in action. You’ll be glad you did!
Market Yourself (Daiquiri Shop)
To reach out to daiquiri lovers about your business, you must have a strategy. You can do this by advertising online, hosting tasting events, or partnering with other daiquiri shops and restaurants in your area. Daiquiris are easy to make so you should also consider selling them at farmer’s markets, festivals, and street fairs. If you want to learn more about how to successfully open up a daiquiri shop from the ground up, we have some great tips and tricks for you!
Profit!
Did you know that the average profits for a daiquiri bar range between 500%-1100%? This is just one of the many things you’ll need to consider when starting a daiquiri bar. If you’re considering opening up your daiquiri bar, here are some important tips to get you started.
The average cost of starting a daiquiri bar is $5,000-$10,000. While this might seem like a lot of money at first glance, keep in mind that most investors and banks won’t loan money out for start-up businesses without collateral. Starting up your daiquiri bar doesn’t have to be expensive!
