Acoustic cafes are becoming a popular trend among young people, combining coffee enjoyment with live music experiences. According to a survey, about 75% of consumers aged 18-35 said they like to go to cafes with music spaces to relax after work.
This article will delve into the important aspects of market research and business planning for the Acoustic cafe model, providing detailed information, real figures and specific examples.
Analysis of the current Acoustic cafe market
Identify target audience
The main customers of Acoustic cafes usually include:
- Young people (18-35 years old): This is a group with a high demand for relaxation and entertainment spaces. According to a study from Nielsen, 68% of young people like to participate in entertainment activities such as listening to live music.
- music lover: People who are passionate about genres such as Acoustic, Indie, Ballad often look for a space to enjoy quality music.
- Middle to high income customers: They are willing to pay from 50.000 to 150.000 VND for a cup of coffee with a music experience.
According to a report from Statista, about 60% of customers will return to a bar if they feel satisfied with the quality of service and music experience.
Market Trend Analysis
Current trends in the Acoustic cafe industry include:
- Open design style: Create an open space for customers to easily observe the performance stage.
- Live music: Regular acoustic performances in the evenings, from 7pm to 10pm, help create a friendly and intimate atmosphere.
- Utilise technology : Online ordering and payment apps via QR codes are becoming a popular trend, enhancing customer experience.
Define the style and concept for the restaurant
Identify the type of music
Acoustic cafes should clearly define the type of music they want to develop. Some popular genres include:
- Acoustic: Gentle, rustic, suitable for relaxing spaces.
- Indie: Unique and creative, attracting young people who love new things.
- Ballad: Reminisce about old memories, creating a sense of nostalgia for older customers.
Design space and decoration accordingly
The space of the bar needs to be designed to suit the style of music. Some factors to note:
- Color: Use dark colors to create a cozy feeling.
- Interior : Simple but comfortable wooden tables and chairs will help customers relax easily.
- Performance stage: Place in a central location so that all customers can see it easily.
Build a signature drink menu
The drink menu needs to be diverse and meet the preferences of many customers. Some dishes that should be on the menu include:
- Alcoholic drinks like light cocktails.
- Non-alcoholic drinks such as fruit tea or smoothies.
- Light snacks such as cakes or sandwiches to cater to guests' snacking needs.
Make a detailed business plan
Investment and operating budget estimates
The initial investment cost for an Acoustic cafe usually includes:
- Rental costs: Depending on location, this cost can range from 20 million to 100 million VND per month.
- Equipment costs: High quality sound systems usually cost from 30 million to 50 million VND.
- Cost of raw materials: About 10 million VND per month for beverage ingredients.
Revenue and profit forecast
Monthly revenue is expected to reach from 50 million to 200 million VND depending on the number of customers. Net profit can range from 10% to 30% after deducting operating costs.
Choose location and design space of the shop
Location selection criteria
The location to open a shop must meet the following criteria:
- Convenient location: Near densely populated areas or offices to easily attract customers.
- Reasonable area: Ensure adequate space for service area and performance stage.
Space design and interior layout
Space design needs to ensure aesthetics and functionality:
- Create a comfortable seating area for customers.
- Arrange suitable lighting to create a romantic atmosphere for performances.
Apply for business license and related legal procedures
To operate legally, the owner needs to complete all procedures such as applying for a business license, registering for taxes and ensuring fire safety. This helps minimize legal risks during operation.
Invest in equipment and build menu
Choose professional sound and lighting systems
Sound system is a key factor in Acoustic cafe model. Need to invest in equipment such as microphone, high quality speakers and Reasonable coffee shop sound arrangement to ensure the best music experience for customers.
Build a diverse and attractive drink menu
The menu should be updated regularly with new dishes to keep customers coming back. New drink tasting events or promotions should be organized to increase appeal.
Reasonable and competitive selling price
The selling price should be determined based on the cost of raw materials and market price. Reasonable pricing will help attract more customers while still ensuring profits for the restaurant.
Recruitment and training of staff
Recruiting waiters, bartenders, and managers
Staff need to have good communication skills as well as product knowledge to serve customers effectively. Recruiting a team of professional staff will contribute to improving the quality of service of the restaurant.
Professional training and communication skills
Training staff on professional service procedures and communication skills will help improve the customer experience at the restaurant. Regular training sessions should also be held to improve staff skills.
Building a professional and friendly working environment
A friendly working environment will help employees feel more comfortable at work. This also contributes to improving their work performance.
Marketing and promotion of the restaurant
Build online and offline marketing strategies
Marketing is an important factor in promoting a brand. Shop owners should combine online marketing through social networks such as Facebook and Instagram with offline marketing such as distributing flyers or organizing events at the shop.
Brand building and online reputation management
Managing your brand on social media is crucial. Shop owners need to regularly interact with customers through these platforms to build a community that loves their brand.
Customer care and building a loyal customer community
Good customer service will help keep them coming back to your restaurant. Loyalty programs should also be implemented to strengthen the relationship between the restaurant and its customers.
The Acoustic Cafe business model promises to bring many development opportunities if done properly. Hopefully this article has provided useful information to help you build a successful business plan!
FAQ – Frequently Asked Questions
1. How much initial investment capital is needed for an Acoustic cafe?
The initial investment for an Acoustic cafe usually ranges from 200 million to 500 million VND, including the cost of renting a space, sound equipment, furniture and materials.
2. How to choose a suitable location for an Acoustic cafe?
To choose the right location, you should look for places with high traffic, near areas such as universities or offices, and ensure a quiet space so customers can enjoy music comfortably.
3. What factors determine the success of an Acoustic cafe?
The success of an Acoustic cafe depends on many factors such as music quality, customer service, space design and effective marketing strategies to attract customers.
4. How to build an attractive drink menu for the shop?
To create an attractive menu, you should combine popular drinks such as coffee, tea and other unique drinks. You should survey customer tastes to adjust the menu according to the latest trends and regularly update new dishes.
5. Do I need any special license to open an Acoustic cafe?
Yes, you need to apply for a business license, food safety license and acoustic music business license to ensure the legal operation of the bar.
6. Which address specializes in consulting and installing reputable and professional acoustic cafe sound systems?
Phuc Truong Audio is an address specializing in providing, Consulting on installing sound systems for acoustic cafes, open space cafe, tea room sound installation, restaurant sound system design and installation, hotels, karaoke bars, home audio systems... reputable, professional.
Coming to Phuc Truong Audio, you will receive a professional coffee shop sound system installation process:
- Step 1: Receive request – Customers can contact Phuc Truong via hotline 093.5555.746 to provide sound system installation requirements.
- Step 2: Space survey – The team of technicians will come to the restaurant to conduct a site survey to determine suitable audio equipment and assess the difficulties during installation.
- Step 3: Propose solutions – Based on the survey, we will propose a number of installation options with their own advantages and disadvantages for customers to choose from.
- Step 4: Quote and sign contract – After agreeing on the plan, we will quote and plan the installation time, then sign the contract with the customer.
- Step 5: Installation – According to the committed schedule, the technical team will install the sound system. Customers need to monitor and give feedback during the implementation process.
- Step 6: Acceptance – After construction is completed, both parties will accept the project and hand over the project.
- Step 7: Instructions for use – Phuc Truong staff will instruct customers on how to use and maintain the sound system for best results.
- Step 8: Maintenance and warranty commitment – All audio equipment is warranted according to the manufacturer's regulations. We also commit to maintenance if any technical problems occur during use.
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