Population
68,142People in selected geography
MARKET RESEARCH
Find your next opportunity.
People, economics, and local changes. One research workspace.
Grand Junction, CO
Coffee shop · NAICS 722515Household income
$70,080Median annual household income
Median home value
$389,800Owner-occupied housing
Monthly gross rent
$1,142Median renter costs
REGIONAL CONTEXT
Your market compared with Colorado
Same ACS 2020–2024 period. Differences describe the area, not business performance.
| Indicator | Selected market | Colorado | Difference |
|---|---|---|---|
| Household income | $70,080± $4,840 | $95,470± $578 | -26.6% |
| Residential gross rent | $1,142± $57 | $1,761± $7 | -35.2% |
| Owner-occupied home value | $389,800± $10,123 | $539,400± $2,069 | -27.7% |
Survey uncertainty may outweigh a difference. This is not a significance test or an opportunity score. Residential rent does not estimate commercial lease costs.
State source · saved 9/30/2026FROM RESEARCH TO ACTION
Coffee shop: what to verify next
Morning routines, repeat visits and convenient access.
Research guidance, not a finding that this market has unmet demand. Checklist is for this session.
Cost categories to price locallyCommercial rent and utilitiesCoffee, milk, food and packagingStaffing, equipment and maintenance
0 of 3 research steps checked
Read the market
EVIDENCE FIRSTTurn the available indicators into questions worth investigating.
Who is your customer?
29,935 households and a median age of 40.4. Check whether your concept fits their needs and purchasing power.
What does the area cost?
Residential rents provide context. Get separate quotes for commercial space, labor, insurance, and permits.
What is changing nearby?
Read local developments, road projects, policy changes, openings, and area news.
YOUR CUSTOMER BASE
Coffee shop
Households and housing tenure in your selected market.
29,935households in this market
63.5%Owner-occupied homes
35,681Civilian labor force
ACS 2020–2024 via Census Reporter. These figures describe the population, not customers or sales for your business.
BUSINESS PLAN & OPENING ROADMAP
SBA planning guideFrom idea to opening day
Coffee shop · Grand Junction city, Colorado
Create a planning draft for the selection above, even when live market data is unavailable. Starter amounts are illustrative scenarios, not measured local prices. Replace them with vendor and agency quotes. Franchise fees, property and vehicle purchases are not included.
Industry focus: Morning routines, repeat visits and convenient access. Ask the health authority about menu review, handwashing, food storage, plumbing and pre-opening inspection.
Opening steps and the cost of each stage
Suggested sequence, not promised approval times. Confirm agency dependencies before committing money.
First
Interview prospective customers, compare local alternatives and test your offer before committing to space.
Illustrative allowance$0–$500Customer research / test advertising
After concept review
Choose a legal structure, confirm the name, register where required, obtain an EIN if applicable and set up bookkeeping.
Illustrative allowance$50–$800Entity / DBA fees and professional assistance; EIN itself is free
Before signing a lease
Before a lease or construction, ask planning, building/fire and the industry regulator to confirm permitted use, approvals, fees and dependencies.
Illustrative allowance$200–$5,000Permit, plan-review and inspection allowance; obtain agency fees
After site feasibility review
Obtain written lease and contractor quotes. Include deposits, utility activation and required improvements.
Illustrative allowance$10,000–$70,000Deposit, buildout and utility setup; excludes property purchase
After design approval
Price the equipment and inventory for your capacity, including freight, installation and tax. Confirm approvals before major purchases.
Illustrative allowance$13,500–$50,000Equipment + initial stock; excludes vehicle/property purchases
Before the first operating day
Arrange appropriate insurance, payroll and worker coverage. Budget recruiting and training before opening.
Illustrative allowance$500–$8,000Insurance deposits, recruitment and pre-opening training; ongoing wages go below
Open only after required approvals
Complete required inspections and license approvals, test operations and launch local marketing.
Illustrative allowance$200–$4,000Opening promotion and test operations; permit fees already budgeted in stage 3
0 of 7 steps checked. Checking a step records your progress; it does not verify an agency approval.
Funding and monthly operating model
Opening costs$81,375
Contingency$12,206
Cash reserve$36,000
Total funding target$129,581
Funding gap$124,581
Break-even monthly sales$18,462
Assumed monthly sales$18,459
Monthly operating surplus-$2
Model assumptions and exclusions
Opening costs sum your stage inputs. Contingency applies to opening costs. Reserve = monthly fixed costs × reserve months. Sales = average revenue × monthly customers/transactions. Operating surplus = sales × (1 − variable cost %) − fixed costs. Break-even = fixed costs ÷ (1 − variable cost %). Include ongoing wages, owner pay, insurance and commercial rent in fixed costs. This flat monthly scenario excludes taxes, loan payments, growth and seasonality unless entered into your assumptions. Reserve is a fixed-cost buffer; inventory cycles and receivables may require more cash.
Where to go for licensing
Match your actual address and activities to the issuing jurisdiction. A postal city name does not establish city boundaries. For county/state selections, narrow the address before applying.
Official state government directoryAgency lookup links are searches, not verified application portals. Obtain current fees and written confirmation of required approvals; industry and local coverage is not exhaustive.
Save and share your plan
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