A question for bakery owners
I have a question for bakery owners. Do you make money?
That is a straight forward question that is actually the bottom line of anything here that follows. I would like to quit my day job and start a bakery but the thought of it scares me silly. I am the sole bread winner (pun intended) of my household so I don't have anyone paying the bills as I start a bakery then figure out if I can make a living after going through the initial start up.
I am very good with business I have started and owned a few over the years so I have a strong knowledge of business practices and finances and such. But a bakery is a new concept to me. I keep counting loaves of bread rolls and pastries then calculating in expenses and overhead and it looks like I would need to punch out huge amounts of product just to break even. I have no real competition locally but still wonder if I could sell that much just to pay the bills.
I know there are major factors that could push the success meter in either direction. Some factors that are controllable and some that are not.
So is any one is interested in giving me a bit of mentoring before I get in to far so that I can save myself if the numbers aren't realistic.