Bakery equipment website Used Donut Equipment warns that even if you manage to get a loan, start-up costs are often more than anticipated due to wrenches such as construction delays.
If you are seeking a franchise, the franchisor will instruct you on its policies about financing.
The company intends to hire two full-time pastry bakers and six part-time baristas to handle customer service and day to day operations.
Products and Services JJB offers a broad range of coffee and espresso products, all from high quality Columbian grown imported coffee beans.
Six to eight moderate batches of bakery and pastry products are prepared during the day to assure fresh baked goods are always available. This will establish a healthy, consistent revenue base to ensure stability of the business.
In addition, tourist traffic is expected to comprise approximately 35% of the revenues.JJB should break even by the fourth month of its operation as it steadily increases its sales.Profits for this time period are expected to be approximately ,000 in year 1, ,000 by year 2, and ,000 by year 3.If going solo, you'll have to create your own recipes and secure your own supplier.Figure on acquiring individual ingredients and/or ready-made mixes, mixing machines, doughnut frying equipment, coffee grinding and brewing equipment and financial tracking software.JJB caters to all of its customers by providing each customer coffee and espresso products made to suit the customer, down to the smallest detail. The cool marine climate in southwest Washington stimulates consumption of hot beverages throughout the year.The bakery provides freshly prepared bakery and pastry products at all times during business operations. JJB wants to establish a large regular customer base, and will therefore concentrate its business and marketing on local residents, which will be the dominant target market.Determine what kinds of doughnuts you will specialize in and whether you will sell other food items.If you are interested in a franchise, inquire with companies such as Dunkin Donuts, Krispy Kreme, Winchell's and Yum Yum.You must find start-up financing for your doughnut endeavor.Funds should cover any construction costs, doughnut-making equipment and recurring costs such as rent, utilities, payroll and marketing.