Bakery Business Rakes Huge Profits! (INSANE How Much It Makes) Pt. 2
Тәжірибелік нұсқаулар және стиль
How much do bakers make? The answer might surprise you-and in a good way. Wild Wheat Bakery in Kent, Washington has a 7 figure revenue and has been successful enough to maintain operations even through the many challenges of 2020.
Watch Part 1: • Bakery Business Rakes ...
In part 2 of our interview with the founder of Wild Wheat Bakery, we go into more detail about how to open a bakery. Among the topics we’ll discuss are what went into buying the bakery, how he’s grown the business in his first year of ownership, as well as his plans and goals for the future.
Wild Wheat Bakery has been serving up homemade baked goods since 2000. Its revenue has only grown since its recent owner purchased the business in 2019. Now a staple of the Puget Sound community, the bakery and café’s relaxed, friendly atmosphere and artisan bread and pastries have had equal parts in its continued success.
Starting a bakery business is a lot of work, but it’s work that can pay off big time, and Wild Wheat is the proof. Whether you’re an aspiring bakery owner or a current baker looking to expand and improve, you’ll want to check out the advice in this interview.
Let us know if you enjoyed this video by liking or sharing your thoughts in the comments. Want more insights from real business owners? Subscribe to the UpFlip channel so you’ll know every time we post a new video!
To find out more abut Wild Wheat Bakery, visit: wildwheatbakery.com.
#bakery #howtostartabakery #bakerybusinessplan
Resources:
www.upflip.com/academy - Launch and scale your business with our expert-led Academy
www.upflip.com/equipment-list... Premier Equipment List
Timecodes:
0:00 Intro
0:46 On purchasing an existing bakery
2:19 The baking area
4:09 Importance of location
4:57 Number of employees
5:42 Breakdown of individual sale and wholesale
7:10 Busy time and slow time of the year
8:24 Taking care of customers
9:29 Retaining or getting new customers
10:41 Advice from PD
12:23 Future plans for the business
13:38 The coffee roasting machine
14:42 Outro
Пікірлер: 57
If you haven't seen Part 1, watch it here: kzread.info/dash/bejne/nGaT2tl7l9ysdrg.html Let us know your biggest takeaway in the comments below!
@butterflya1741
3 жыл бұрын
thank you amazing report
@jaimesalgadoakajaime_the_d7537
2 жыл бұрын
great points for my employers and employees but mainly for my employers
@coolboy-qc4eb
Жыл бұрын
well if people actually listen to what the guy is saying, hes not saying anything ground breaking.. he says cliche stuff and common business practice.. he didnt start the business and simply took ownership when it was already making profits and well established within the community..
that guy really has figured it out. This is one of the better interviews.
This is, BY FAR, my favorite interview. Really hope you interview this guy again. Would love to see how his post-pandemic plans are coming along.
The mind set of the owner is amazing, thank you for a really good interview.
For about 20 seconds I thought this channel's videos were cheesy but.. wrong! Great content, thanks!
@UpFlip
3 жыл бұрын
Thank you! Glad you enjoy our videos.
congratulations this channel is the best.
this is some great content. Very inspirational
@UpFlip
3 жыл бұрын
Thank you!
this is amazing 🤩 great customer service and great business advise to the employers mainly
So this bakery operates at a loss. 36 employees. Employees alone is over a million dollars even with the lowest wage possible ($14 an hour is not sustainable and workers will demand more). Revenue is just over a million dollars. Cost of just the current employees at $14 an hour takes up almost all the revenue. This is before the cost of rent, utility, food, insurance, etc.. This business then isn't raking "huge profits". It's either barely break even or in the negative.
@SergioB-MakingMillionaires
2 жыл бұрын
Maybe they are 36 part-timers
@mytartanbahrain
2 жыл бұрын
I noticed that too. I was expecting turnover to be double employee costs for it to be deemed profitable.
@gwlemus
Жыл бұрын
My bakery is barely breaking even....seems like everyone wants your money, everything expensive..
@frenchyalicea649
11 ай бұрын
He said both PT and FT employees, most of them are more likely PT.
@2RosarioVampire
10 ай бұрын
Sure. Mostly PT with minimum pay that is clearly exploitation. Even then this company should struggle to profit. There's a reason the owner mentioned revenue and not the profit. It's standard practice when the profit is negative or near zero. Also, the fact the store needs to pay minimum and also hire as PT reveals this business shouldn't exist. People aweing over this are just supporting exploitation
Superb.. You are doing wonderful job brother.. All the best..
@UpFlip
3 жыл бұрын
So nice of you
Love this guy, very smart and honest
@UpFlip
3 ай бұрын
Great guy! 🙌
Love the videos you guys should hit the LA areas.
@UpFlip
3 жыл бұрын
We already did! Got some more videos coming from there!
Amazing 🤩
@UpFlip
2 жыл бұрын
Thanks 🤗
Now 2023 im 21 year old...one day i will open my own bakery shop...i always dream to own bakery shop since high school...now im working at factory but in next 5 year i will own my bakery shop
@bestshorts1521
Жыл бұрын
Luck for you
Absolutely wonderful brother in bakery.
@UpFlip
2 жыл бұрын
Thanks again David. What other types of businesses would you like to see on the channel?
@davidndahura7437
2 жыл бұрын
@@UpFlip I personally do woodworking and aluminium fabrications of windows and doors here in Uganda but I really find your channel on point, I don't need to consult but just to watch videos here I thank you.
I am so motivated I need to just start execution of my bakery
@UpFlip
3 жыл бұрын
That's awesome! You can do it :)
@smubarak100
2 жыл бұрын
Me too
@amitanayyar7958
2 жыл бұрын
can you please share some insights how did it go? I am planning to open a bakery as well and very new in this field.. appreciate your help.
@frenchyalicea649
11 ай бұрын
@amitanayyar7958 any updates? Did you ever start yours?
Nice video
@UpFlip
3 жыл бұрын
We appreciate the kind words. Stay tuned for more great business based video content.
It’s always better to buy an existing business. I have a bakery for sale in miami. I’m ritiring soon
@UpFlip
3 жыл бұрын
Check out our website UpFlip.com we are an online marketplace for buying and selling businesses!
@zaniah8270
3 жыл бұрын
How much are you selling your business? I’m in Miami.
Nice
He’s not running a bakery, he’s running a eatery,
@UpFlip
2 жыл бұрын
Could just be semantics Gee.
@smubarak100
2 жыл бұрын
How could you explain
@zhenwilliams7428
Жыл бұрын
70% people eat there and 30% people take out.
Part 2*
@UpFlip
3 жыл бұрын
Thanks for catching that!
Should have made part 1 and 2 just one part no real new information I like your stuff but your stretching this one too much!
Kitchen is Dirty BTW.
million dollar content which you give me i would defiantly try in my city on wholesale market i would make bread simple bread i sell on retailer shops and bakeries and grocery store i would choose same strategy
P
something is off about this guy.