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 provides a wide variety of coffees and espresso products. They use high quality, imported coffee beans. JJB is committed to providing the best coffee and espresso products to its customers.

Market

Hot coffee products are in high demand because Washington enjoys a cool climate for eight of the twelve months. Hot coffee products are also in high demand during the four remaining warm months. Much of the day’s activity occurs in the morning hours before ten a.m., with a relatively steady flow for the remainder of the day.

Concurrence

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. Local customers are looking for a high quality product in a relaxing atmosphere. They want a memorable, elegant 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 finance the startup from their savings. It will also provide a financial cushion in the initial months.

Expectations

Forecast

JJB anticipates sales as shown below during the three years of the plan. JJB will break even in the fourth month of operation if it continues to increase its sales. This time period will see profits that are relatively low for the first two year and slightly higher for the third. The two founders are expected to invest $140,000.

Financial Highlights Year-by-Year

Financing is Required

Requirements for startups

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

Funding

1. $110K initial investment made by the founders.
2. SBA 100K 10-year Loan (in Initial Balance)
3. $1K account payable at startup (in initial balance)