Here are 4 key steps to starting a coffee shop that is sustainable and profitable. 1. Don’t Start With a Shop – The first step is NOT to start your coffee business by opening a coffee shop. Depending on how much renovation the space needs, you should expect to spend between $50,000 and $250,000 to open a coffee shop.This is all before you make your first sale.epending on how much renovation the space needs, you should expect to spend between $50,000 and $250,000 to open a coffee shop. This is all before you make your first sale.