Sales of coffee and snacks are the main drivers of the company’s steady rise in revenue in Years 1, 2, and 3. Snacks brought in $27,500 and coffee sales brought in $113,000 in Year 1, for a total revenue of $120,000. Revenue climbed to $121,000 in Year 2, with coffee sales reaching $116,500 and snacks making up $32,500. This growing pattern persisted into Year 3, when sales of coffee reached $138,000 and snacks brought in $46,500, for a total revenue of $122,500. Overall, the company’s revenue has been steadily increasing year after year, especially in coffee sales, though snacks have also been a major contributor to the expansion.
Revenue Target and Budget Overview
To clarify my revenue target, I plan to start with modest daily sales goals and gradually increase them as I gain more experience and build a steady customer base. My goal is to reach between $8,000 and $15,000 in monthly revenue within the first year. This estimate is based on realistic assumptions about how many drinks I’ll sell each day, the average sale per customer, and the number of days the café will be open each month. I’m focusing on steady growth and making adjustments based on customer feedback, so I believe these targets are realistic for the first year. While I do want to grow revenue and turn a profit over time, I’ve set my initial budget with conservative figures. The current projections are meant to cover the startup costs and keep things running smoothly, with any profits reinvested back into the business to help it grow in the future.