Bakery Business Plan


Bakery Business Plan


Opportunity

Problem

Washington State has a shortage in coffee shops where customers can find high-quality coffee and freshly baked pastries in a more affluent market.

Solution

JJB offers a broad range of coffee and espresso products, all from high quality imported coffee beans. JJB provides coffee and espresso products that are tailored to each customer’s needs.

Market

Hot coffee products are in high demand because Washington enjoys a cool climate for eight of the twelve months. In the warmer four months, hot coffee products are very much in demand. A lot of the day’s activity happens before ten a.m. with a steady flow throughout the day.

Competition

Although there is a lot of competition, the quality of the product and customer service in the local area are not nearly as high as JJB. Customers in the area are looking for high-quality products and a relaxed atmosphere. They want an exceptional, classy experience.

Why Us?

JJB, a bakery and coffee shop owned by two partners, is JJB. These partners represent sales/management and finance/administration areas, respectively. The partners will fund the company from their own savings. This will pay for start-up costs and provide a financial cushion during the initial months.

Expectations

Forecast

JJB expects to make the following sales during the three-year plan. JJB is expected to be profitable by the fourth month as it steadily grows its sales. This time period will see profits that are relatively low for the first two year and slightly higher for the third. The founders will invest $140,000.

Financial Highlights for the Year

Financing Required

Requirements for startups

  1. Startup expenses of $64K includes $3K legal, $20K site premises renovation, $40K expensed apparatus, and 1K other. Because they were incurred prior to launch, these are included in the negative retained earnings.
  2. Cash in the bank as a deposit of $70K (in initial balance)
  3. Additional assets in the current of $12K (in an initial balance).
  4. Long-term assets in the range of $65 (initial balance)

Funding

  1. $110K initial investment from founders (Shows up in initial balance as Paid-in Capital.)
  2. SBA $100K 10-year loan, in initial balance
  3. Startup accounts payable up to $1K (in initial balance)