I have an opportunity to buy a small neighborhood bakery from a baker who wants to retire. Baking has been a hobby of mine for 20+ years and in many respects this opportunity represents what could be the realization of a dream - or at least a fantasy.
There are many positives: 1. great potential because of mismanagement. 2. equipment and space can support multiple bakers and a 4-5 fold increase in sales. 3. good, but not great parking. 4. on the route to and from downtown. 5. there's been a bakery on this site for 60 years. 6. I understand business (former finance professor, current consultant) 7. I can get more excited about baking than I can about software. 8. and a few others...
But also a few negatives: 1. there's a big difference between baking a couple of loaves of 3 different kinds of bread on a Saturday, and 50 loaves of 10 varieties every single day - PLUS dozens of donuts and the like. 2. what's a low carb bread??? 3. is the current popularity of low carb diets a fad or a trend? 4. increasing the commercial side is critical and I really don't care for the sales process. 5. and a few others...
Any comments from you bakers out there?
Tom