Bakery Business Rakes Huge Profits! (INSANE How Much It Makes) Pt. 1

[@UpFlip]

UpFlip Academy helps fast-track your journey from startup to success story, join us at: bit.ly/3WER7PS

[@MM-ih4rj]

So this guy looked for a good running business, bought it, and showing off how well its running in this video? So much talent, it’s really amazing!

[@UpFlip]

He manages it and improves it as well, its not just buying a money making machine, there's a lot of work that goes into it.

[@MM-ih4rj]

@@UpFlip not the same though. The man in this video didnt build the business and with that cary the risks of starting a bakery business. Plus in many moments you talk about “starting a bakery business”. This video is not about starting a bakery business. Its about buying an already running business. Also the guy in your video cares about how to make huge profit in the best way, he doesn’t care about baking clearly.

[@manin4568]

@@MM-ih4rj if u bother to watch clearly he said that, new product development is going on every stages with respect to customers Needs

[@hazzarakkan857]

Its true he come from money but don't underestimate the difficulties of keep successful business "successful" if he don't have the passion and the expertise the business could lose when the original owners leave. And as what the other comments pointed he make it more successful then befor.

[@alekosimba]

And why exactly is that bad?

[@anthonyallen9363]

I own a 20+ unit pizza chain. In 2022, one of our long-time employees, Gordon, explained that he was working on a sourdough and asked if I would support him in getting his bread to the local Farmer’s Market. He needed use of my dough plant/equipment (and importantly, our Board of Health permitting). I offered use of our dough plant and a little expertise and voila, Gordon’s in business. He’s been at it for over a year and makes good money. It’s a lot of work-don’t be fooled-but he bakes 80-100 loaves each Friday and sells out at two Farmers’ Markets in neighboring towns every week, for $8/loaf. That’s a great side hustle; it’s actually awesome. Lessons 1: Gordon loves baking bread and he put in the time to study & hone his craft; Gordon’s sourdough is the best I’ve ever tasted. Lesson 2: He offers variety, San Fran, German Rye, Whole Grain to keep his Customers hungry for his product. and he’s got the stamina to do so (he’s 65 yrs old) to do so week after week. He loves what he does. Lesson 3: He started small, almost no capital outlay (>$2,000) and he’s immediately profitable. As our Baker above explained, the cost of sourdough raw ingredients is 15% of the retail price of his product. THAT leaves a lot of profit. BUT it’s a lot of his labor, it’s a 8-12 hour day of mixing, proofing, baking. Then he drives around, sets-up his tent and sells-out (typically in > 2 hrs). THINK about what you love, what ‘you can bring to the table’ and think ‘outside the box’ on ways to produce and get it to your Customers efficiently. Good luck!

[@UpFlip]

Thank you for these lessons! 👊

[@thrivenowpg]

Wow! Bless you for supporting Gordon with his dreams. Not everyone has a heart like this

[@ivyroses4380]

for how much though? and what is "good money"?? how much does each loaf sell for? $3.50? $5.00 cause that would be $350-$500 a weekend and thats not good money to me.

[@germainefrechette5318]

Gordon sells $8.00 Sourdough and $10.00 German Rye. ‘Bowl-cost’ = 15-17% for each, respectfully. Hope helpful:)

[@thewolfinsheepsclothing5439]

KEY WORDS !! FOUND A SUCCESSFUL RUNNING BAKERY !

[@TwentyHz]

Yeah lol not much on actually running a bakery haha

[@TwentyHz]

Just be rich enough to buy one lol

[@eljoherimad1796]

Are you literally into baking?

[@Simba_tano]

@@TwentyHzyou sheepishly lol like a clueless dweep. You have no idea on the business side and customer acquisition strategies, acquisition strategies, etc. learn how to sit straight first.

[@SigiCoria-cd9vg]

Smart, 1st buy then scale

[@kwkw5586]

Great video! I’m glad your channel gives different business types and prospectives. This prospective is great and needed for people interested in buying a business and managing it.

[@UpFlip]

Glad you enjoyed it!

[@makimoussavi]

Super interesting! As a major fan of baked goods, I’m happy to know that providing delicious treats to the masses can be a major money maker. 💰 🍩

[@UpFlip]

Definitely! Any passion of yours can make you money, it just takes some hard work!

[@jtcash44]

Don't kid yourself. I do it. This is a sample size of one.

[@yvonnedasberg5504]

Great interview and interviewer👍..Really respect the fact that the owner was willing to share his experience and tips about running a business which many won't .What a generous fellow! .Thank you and I hope he will find much success and happiness not only in business but also in life 😊

[@UpFlip]

This is very nice of you to say Yvonne. 😀We appreciate that. Would you ever get into the bakery business?

[@AwokenEntertainment]

Lot of gems for business management and growth in this video 🏆

[@TheOldMayfieldPlace]

This was so interesting, but I don't think I have what it takes to own a bakery. I definitely have what it takes to shop at a bakery.

[@UpFlip]

Lol, doesn't sound like too bad of an issue.

[@souravupadhyay2029]

Exactly 😂

[@joemorgenstern9846]

Other than the "Live, Love, Eat" sign what an amazing bakery and entrepreneur.

[@UpFlip]

Thank you for sharing your thoughts! Hope you watch our other content and find value in them. Any business you want to see next? ☺️

[@darioxbrow9223]

Keys I've taken from this vid: You can start with $50k Use social media to your own advantage Build your shop in a good location Do something you're passionate about

[@UpFlip]

Once again Dario you Rock! 😁Keep that great feedback coming. Did you enjoy the latest video?

[@PrincePrince-bt9iv]

a full bakery set up you can get to start with for 15000. depending of course like he said how big your bakery is. but for a smaller bakery to start with 15000 for second hand or third hand equipment and 1500 for ingredients is enough. industrial bakery ovens are extremely expensive like cars because they are heavy heavy heavy duty ovens and you can still use them in 100 years. im happy for him, nothing makes you more awake in the morning than knowing you're waking up to do what u love. but getting bread customers for wholesale is not as easy as it sounds when he talks about it. bread is a food basic and most shops are already selling bread, which means they already have a supplier. so its not easy to convince a shop to let a supplier go who probably delivered and supplied them bread for many years and to take now bread from u.

[@UpFlip]

Awesome points Prince. Thanks for sharing!

[@soccersteamsports7109]

Prince.. good comments and I can see you have hands on experience. How can I learn from you, do you consult?

[@PrincePrince-bt9iv]

@@soccersteamsports7109 Hey! I dont know how to leave contact here. i would also recommend you to see bakerpedia website and youtube

[@S.M.W-71]

Where can I get second hand equipment?

[@PrincePrince-bt9iv]

@@S.M.W-71 where are you from?

[@EicherCorp]

I am a pastry chef with plenty of experience in differents areas, I have been preparing myself doing a lot of courses, workshops etc. I am currenlty working in the best patisserie in Irelad cause my dream is open my own shop. The only obstacle is the money that I need to open something.

[@selecttravelvacations7472]

Find a partner with the money. Your expertise is valuable.

[@ConstanzaBetancourt-cj9sz]

You can start selling pastries from your home. Set up a page and start offering pastries to neighbors, friends, local churches etc. Once you get enough customers continue baking from home until you build enough customers

[@ConstanzaBetancourt-cj9sz]

Do not partner up with anybody; this is the worse mistake you can do

[@anahash3221]

so apart from the profit he makes after he pays off his employees i have a few concerns- he says work on the business and not in the business- sounds great but what if you loose your employees how to maintain the quality of products if you yourself don’t know what u are doing??? i mean I would love to see someone who is a baker and how he ends up buying and running , how they train their employees , when he bought the business did they leave their special formulas for the products or what???

[@orockesther-kt2fq]

With the rise in the prices of products used. What do you do to manage the situation. Do you reduce the size of the product or the quality? And if so how do the clients react to it

[@soyimparable3111]

The Pep Guardiola of business congratulations. I'm on that path.

[@CYBWEAR8]

I have great respect for you and to the business owner. However, I'm a bit confused about something. If business owner paying approximately $100,000 per month to his workers and his annual sales are just over $1 million, I'm having trouble understanding how he making a profit. The numbers don't seem to add up, or perhaps I've overlooked something. Could you please clarify?

[@lvjungle2840]

When you lie. Numbers don’t march because you will not remember what did you lie 😂. Remember all restaurants true profit margin is around 5~10% after all expense

[@kro0018]

Same though. It's weird.

[@thewolfinsheepsclothing5439]

I've been to India a few times. I'm glad he eventually jumped out of the box of just corporate America!! Mom Dad I've Gone Mad!! I'm buying a Cafe Bakery! OK son!! You own a factory!! VERRRRY GOOOOD! VERY GOOD! 👳‍♂️Are you single !!lol

[@hannahgay4621]

I like how he wanted a lunch item and owner was like " no, you will eat DANISH"

[@UpFlip]

That danish was good though 👀

[@KethTamilTubing]

That's an Indian thing, Danish is cheaper than the lunch items. At the end of the day he's all about numbers.

[@sfrshagar]

Your videos are very informative 🙂 Thank you 😊

[@lilfirehawk]

This is super great info 😊 I am looking to start my own bakery some day.

[@UpFlip]

Thank you, hope everything works out for you.

[@mannymm7887]

Well he didn’t really start his own business from the bottom. He bought an already established bakery. Those are two VERY different things.

[@deepmind5892]

😊😊😊 coffee and bakery 👍

[@gwlemus]

Rent is killer sometimes...mine is too high..

[@joba268]

I am watching from Japan！！I can learn a lot from your channel! I will be in Washington state in few years and do my business! I hope I can see you then!

[@flawlostv1899]

Hello friend! I Know the owner of a Mexican bakery and they are very busy ,

[@fionaowuor3519]

This channel inspires me a lot, I want o start making cakes for business. I hope I start soon.

[@UpFlip]

We say go for it! No better time to start but now. Good luck on your journey! 🙏

[@crystaljohnson394]

Me too i have my LLC already i just need funding

[@claurdz5462]

Thank you UpFlip for this interesting video, also thank you for asking him if starting with 50k was even possible?! lol. I loved the video, especially now that I'm looking forward to open a bakery this video was really motivating. Amazing interview!

[@AlexWilliams-qf3rp]

I've started a home bakery, and it is just starting to pick up. I gave away lots of products and still do. It pays off. I get repeat customers, so I feel the customers like my products. I think you can try that as well if it's possible.

[@crystaljohnson394]

Wow this is nice im trying to open my bakery cafe /factory this video is really good.

[@UpFlip]

That sounds like an exciting venture! Best of luck 🙏

[@RivKit84]

TIP: watch this on 1.25× speed. You're welcome! This video moves sooooooo slooooooowly.

[@rickmelonman]

the business bakery in my neighbourhood looks always busy. this one is on a business block and they have maybe 6 workers inside working full time. they sometimes have a line outside the door. there is not alot of seating inside. there was alot of take outs. i like eating baking goods too. i'm happy that you were successful in your business. my parents were a restaurant owner for 30 years.

[@UpFlip]

Wow, that's certainly a lengthy period. Could you please share what happened to their restaurant?

[@rickmelonman]

@@UpFlip they sold it to a Vietnamese family and they were serving beef bowl soup and kept a lot of the items from my parents menu. They sew making good money in the business and it was thriving. Things started to change about 1 year down in the future. The family had some social problems and the business started to fall apart. I heard that some of the family members would just eat at the restaurant and not help out. My mom told me she felt this was not right and it was affecting the business. Within 1 1/2 years the business went into bankruptcy from poor management.

[@haziqhadifjunaidi3268]

very inspiring video, the quality and explanation is on point

[@UpFlip]

Glad you liked it!

[@ward-n2n]

Thank you for this interview...it was very insightful, it inspired me to start my own bakery...i hope that i can one day be i can run a major bakery such as this one🍩🍪

[@munduaramariam317]

This is so interesting snd motivating

[@gregoryscolieri1492]

Thanks for sharing this video. The bakery business is a rewarding business, and this video helps show how to get into it. I help bagel bakeries with already made frozen raw dough bagels, par-baked bagels and full baked bagels. A&S Bagels out of Long Island, New York can ship throughout the United States bagels for sale in your bakery, coffee shop or bagel shop.

[@UpFlip]

Glad it was helpful! Thanks for sharing, are you looking to open your own bakery soon?

[@KeithSchultzbread]

i wonder how to start bakery, thank you for video!

[@SocialConfidenceMastery]

This was so interesting!

[@UpFlip]

Thanks!

[@watchinvidzwatchinvidz7691]

Pay your employees very well & treat them well. & teachthemto treat thecustomers well.Your profits will come with it. Good business practices are key.

[@gladnesslovely8350]

Thank you for sharing this video,salute to the owner of the bakery you inspired me "God bless your business" ,someday i can bake my own bread and sale it.😍😍😍

[@UpFlip]

We're so happy to hear that this inspired you. You got this, we believe in you!

[@iloveindia2484]

I'd like an interview with the person he bought it from.

[@UpFlip]

If we can make that interview happen we will!

[@Alex-wf9uw]

Yeah I’d agree from the research that I’ve carried out it turns out payroll costs 2 times what the ingredients cost and then the renting is an insignificant figure

[@Jiminsboost]

Thank you so much for this video and wow this was very helpful

[@UpFlip]

Glad you found this helpful. Thank you for watching!

[@Jiminsboost]

@@UpFlip no problem 😌

[@preetisandhu1883]

Such a good interview! Best bakery in town

[@UpFlip]

Thanks, glad you think so! It's definitely yummy :)

[@centuryfreud]

Thanks for sharing this!

[@UpFlip]

We appreciate you tuning in! Thank you! ☺️

[@ByGraceAlone-40]

Great videos, Good job guys!

[@UpFlip]

Glad you like them!

[@anncarroll7354]

Well if I’m ever in Seattle I’ll be stopping here for lunch!

[@UpFlip]

Happy to hear that!

[@ashirasalie582]

great tips for any starter! 👍

[@UpFlip]

We're glad to hear that they were helpful @Ashira Salie. Thank you!

[@Think_pls]

Hi, How much was his net profit , anyone knows , thanks 🙏

[@coxinhad]

Espetacular interview👏👏👏

[@UpFlip]

Awesome to hear you enjoy the interview, Marlon! Are you looking to get into this industry?

[@coxinhad]

@@UpFlip yep. Im from Brazil, and im going tô do a Bakery course here, before i move to canada. Im getting a lots of information from your channel. Thank you for share the information ❤️

[@shaneburns4349]

Did I hear 6 figure monthly Pay Role with $1m annual revenue? Is that Indian Cook Bookery? Please correct me.

[@Chef_philo_1998]

Very informative. Thank you upflip. How do one get angel investors to invest

[@UpFlip]

Great question! kzbin.info/www/bejne/il6ToqCEicaIb5I

[@sydneylynns]

Would have liked to see someone passionate about baking instead of an investor buying a business

[@DanKirchner5150]

ceilings falling down into the product are integral in baking quality goods

[@UpFlip]

That does not sound like its a part of the recipe to success.

[@NewTasty]

Great review.

[@UpFlip]

Thanks!

[@TheGoaldMind]

Great interview. Very informative and interesting! Great job!😊

[@UpFlip]

Thanks so much!

[@Niels_pctr]

this guay says YOU know every 30 sec but verry helpfull vid btw love it

[@UpFlip]

Appreciate your support for our channel! 😊

[@x-tremeal8551]

I am student of accountability but i started this university because my parents likes it , but i love pastry and kitchen and i am the best at this but my parents dosent like this jobb 🙁

[@UpFlip]

Prove them wrong by becoming successful in the bakery business!

[@user-fh7rh5ng6b]

in your free time start home bakery So when you finnished your digree you can already have some customers and then you can go full time Plus acounting will be beneficial in business

[@briannaboo4605]

Literally do it, people will always disapprove something especially parents. Do what you love.

[@aspoonofyogurt369]

another me in this world！I FINISHED my master degree in accouting ,and worked as an auditing assistant in auditing office for about 2 years,but now I have to say that I want to learn how to run a bakery cause I really enjoy making good things and provide direct happiness in the world ....we only live once , I DON'T want feel regret in the future...... thinkabout this decision for 2 monthes but don't know how to tell my parents.....btw I live in China ， finished my study in the U.K.🥰

[@منبلادالعمسام]

Thanks a lot for the very informative video here. Actually I am thinking of opening a bakery business and that is why I was searching through KZbin to find relevant info. I would like to get your help if possible. Please, please, please.

[@zolanongogo4421]

Hi when you do open a bakery please higher me. I am a baker, especially wedding cakes and novelty cakes.

[@mistervacation23]

I got sick of the dough and thought I'd go on the loaf.

[@TheBasser760]

I work in a Mexican bakery and let me tell you.. this small bakery makes around 3million a year. But deduct the employees, inventory, rent, utilities.. the owners make around 1mil

[@UpFlip]

Those are good figures! The food industry in general does roughly about 10%.

[@annacakefactory4187]

Interesting if this business still successful after 1 year. I checked on the site that bakery works until 1:30 pm. Probably they sell more for b2b

[@UpFlip]

Thanks for watching Anna. The bakery is still doing well. 😀What's b2b?

[@khokatalukder426]

Very helpful video.

[@UpFlip]

Glad it was helpful!

[@AndriaLeigh_]

Thank you!

[@UpFlip]

You're welcome!

[@5026944]

Bakery is hard work

[@UpFlip]

It sure is!

[@LukasNachtigall]

I haven’t found, how much they make net profit monthly/annually? PD said, that he have 36 employees, that’s over $1 million for labor expenses only. Did I missed something?

[@UpFlip]

The numbers are always hard to tell exactly unless we can actually look at the books. Do try to reach out to him if you any specific questions about the bakery.

[@nejatali7088]

36 workers if he pays 2500 a month 2500× 36= 900000 it's close by my brother.

[@bombayjohnson3498]

@Ali don’t forget some workers are on part time or shifts as well.

[@iPat6G]

Makes no sense. The expenses are almost six figures a month, but he only makes over a million dollars a year. That barely leaves any profits...

[@bringingclaritytoconfusion3605]

Possibly all the salaries, including the owner's, are included in the expenses.

[@DanKirchner5150]

6:51 look up

[@UpFlip]

What happened Dan?

[@Jasonshepard2]

Nice video ⭐️⭐️⭐️⭐️⭐️ the store owner didn’t hold back on info at all 👍 here in California you can’t get that info from anyone 😡 one time I asked an auto dealer how I could be a dealer he told me it was very expensive and that I would need $50,000 cash for the bond which isn’t true at all California requires you to have a $50,000 surety bond which covers the consumer if the dealer screws them and can’t transfer the car into the customers name that bond is based on your credit it can be as low as $700 per year so if you have a spot for the license the hole thing can cost under$2000 for everything once I found out all of this I never helped him again I don’t even want to see him ever again for being a snake 🐍

[@ChrisKaniaros]

I'm a qualified baker I thought of having a bisnes how to get started if don't have a million dollars in the bank and rent is expensive

[@scottyblog]

Restaurants right now are a loss of death.

[@aspoonofyogurt369]

so true

[@keemybrannon1139]

Yes

[@UpFlip]

Hi Keemy! Did you enjoy the video?

[@keemybrannon1139]

I want to open a bakery in Spartanburg sc

[@UpFlip]

Thanks a great idea Keemy! 😀What type of baked goods would you sell?

[@brahmaistrash.indiaisatoil5292]

You will do very well there. The area is growing. It will be the next Greenville

[@Accentvr-nz4qc]

My dream job is having my own bakery

[@UpFlip]

That’s awesome! Baking is such a fun gig. Can't wait to see you whip up some delicious treats one day! 🍰

[@Accentvr-nz4qc]

@@UpFlip hope i can do it it takes a long time

[@mercurialdude]

I have that exact shirt from old navy 😅😂

[@UpFlip]

What can we say... great minds think alike! 😉

[@tealwoodclassics3914]

Can you do an interview with a bakery that's from ground up like Maxwells coffee shop please. This one is not to informative to me.

[@TwattyWankers]

5:45

[@intoxicatedfather9307]

This is my future job for sure

[@UpFlip]

Good luck in starting your bakery business!

[@intoxicatedfather9307]

thank you

[@deepmaanmaan1305]

Wow he is not only Indian but punajbi also ❤😊

[@UpFlip]

🙌

[@lindorfejimenez7971]

So if his monthly expenses are in the six figures that’s a minimum of 100,000 every month (1.2M a year). Then he goes on to say that his gross profit are just over 1 million. It doesn’t make sense, If that was true then his gross profit would not cover his yearly expenses. Or am I missing something?

[@MM-ev1fg]

Gross profit is after expenses, before tax isn’t it?

[@UpFlip]

Gross profit refers to a company's profits earned after subtracting the costs of producing and distributing its products.

[@Alyssalovesjesus214]

He actually said gross revenue!!! Omg

[@jennielyra3694]

My kid wants to do this...

[@authenticityinair]

Im from india, can i get a job there, got no experience or knowledge in bakery still wanna get experience & startover in india my own bakery

[@UpFlip]

Try reaching out to the owner.

[@majidieffendi9950]

Lokasi dimana bro

[@Onlinesully]

this is a restaurant with a great bakery in house ?

[@balsara675]

Ya

[@nasseralmaskari4385]

1,000,000 gross revenue with six figure monthly staff cost. Is this a loss making business?

[@sarveshyadev6830]

Nice business

[@rmarques1]

Six figure monthly payroll and just over a million in gross revenue........

[@kurdishkong9030]

Check out alidas bakery in Everett

[@UpFlip]

Do you think they would want to do an interview?

[@aggaviriyo790]

Stop talking over the guy

[@mns8732]

Analyst: that's the operative word, not a bakery. Don't be fooled. This has Nothing to do with bakeries, but everything has to do with crunching numbers and a good pr firm. Save your money.

[@flipballaz93]

If i had a dollar for every time he says you know i be rich already no need to start a business anymore you know

[@UpFlip]

We don't think he noticed how much he said it. How are you today Idrank? Did you enjoy the video?

[@mdsameer8684]

Learning: 1)Work on the business not in the business*

[@giftekanem-cb9bs]

Hello

[@kro0018]

😂😂

[@chilltrolig]

you know

[@SergioB-MakingMillionaires]

I love your videos, but I think it’s kind of awkward when you start talking good about a business person from a previous video. Sometimes I think the host at first thinks you are talking about them.

[@elsuperresuelve2869]

NOT THE BEST EXAMPLE OF HOW TO START A BUSINESS BUT YES HOW TO MAINTAINING IT...WONDER IF HE ACTUALLY KNOWS HOW TO MAKE A BREAD..😉

[@abgmusic6797]

He doesn’t . He’s an investor not a baker

[@nancystevens7447]

The great bakers want a wonderful product not just a great cash flow! This guy only cares about $$$$$$$$$$$ and the quality of what he’s selling is second to his bottom line. Sad.

[@jayoils123]

I thought you was going to feed your wife not a man from what you bit off of 🤦‍♂️

[@armystar90]

Hahaa lol! 😬😬😋😋😋

[@Alyssalovesjesus214]

This is a cafe not a bakery. Is most of his profits coming from the breakfast lunch menu items and coffees ? Did you ask??

[@1ajdelacruz]

@11:35 wow you told this businessman he could learn something by watching one of your videos? he he you have a hide

[@veerutindwan1371]

Punjabi boy

[@RKOracle]

I have 50 grand ro my name...... who? Who has that?

[@gwlemus]

Owning a bakery in this economy is hard,cost of ingredients keeps going up,gotta factor in all the expenses and at the end of the month,looks like just breaking even ... waiting out til the end of the lease to sell...rent is too high ...but I do love baking!

[@susy-pc8yd]

This video was not helpful. He bought the business. He did not start from scratch 👎

[@ygbodybuilder3023]

This is no bakery