How much does it cost to start a bakery?
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I'm interested to find out average costs for starting up a small bakery/coffeeshop, including rent, interior buildout, utilities, inventory, etc. (Assuming a metropolitan area like Seattle or LA.) We have enough relatives with food service experience, where we wouldn't need outside employees (at least for a while).
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Answer:
Here's the best source that I've found so far for a small bakery in New York's Lower East Side in 2006: Total Start-Up Costs= $38,005 Rough Monthly Expenses= $11,643 http://nymag.com/guides/changeyourlife/16046/
Phillip Yip at Quora Visit the source
Other answers
There's a lot of variation. How big do you want it? Will there be a sitting area? Will the kitchen be separate, or on the premises? How much are you willing to shell out for remodeling? The area you open your bakery in is important too. I reckon a lot of commercial property owners in Detroit may even give you free rent for a year if your food is good enough. In areas that are being gentrified or rebuilt, you may also get a break on rent. Poorer areas will obviously have lower rent too. I find that the most successful bakeries are those located in harder to get to, cheaper areas; the rent is low, and there's little foot traffic, but if the food is good, people will drive out there just to go to your place. Compare this to downtown with heavy foot traffic, where the rent will always be adjusted to make your margins as small as would be acceptable.
Johnathan Law
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