I think you have to ask why there aren't any coffee shops near the college. It seems like it would be perfect of a starbucks or something so why haven't they opened a location? You need to do more research in terms of permitting and costs to figure out what stopped other companies. On other hand, maybe you just found the perfect opportunity! :) So, do some research first and then come back to ask additional questions :)

Good luck!! :)

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