What Is Cost Of Goods Sold For A Coffee Shop?
The cost of goods sold for a coffee shop includes the cost of the coffee beans, milk, filters, sweeteners, syrups, cups, lids, and any other items used to make and serve the coffee. Additionally, the cost of pastries, snacks, and other food items sold at the coffee shop would be included. The cost of goods sold varies depending on the size of the shop, the types of items sold, and the prices paid for supplies. Ensuring accurate tracking and management of the cost of goods sold is essential for maintaining profitability in a coffee shop.