I am fed up with the daily grind at the moment. Working in different shops is all well and good, but its just a different shop, same old 5h1t. Even on my holiday weeks I am not left in peace. So I'm looking to do something else. It sounds like becoming an electrician is a no-go at my age with commitments, so instead my attention has turned to my girlfriend's 2nd love, cupcakes.
Clearly cupcakes are in high demand and are very fashionable. The margin can be very profitable - £2 to sell, 40p to produce.
My thought was to set up a business selling cupcakes and cookies and cakes. She has a friend at work who also likes baking, and would like to participate in such a venture (though not financially contributing).
The business would be a small store probably in an area near Mexborough, South yorkshire. There are several empty units, but the area has high footfall due to the Co-operative food store opposite
and plenty of people with giros burning holes in their shellsuits.
I also mentioned to my girlfriend that a natural progression from cupcakes would be to open a coffee shop, but I appreciate this is a totally different proposition, and operating one of those barrista machines is a fine art - and they are available on ebay for £1-2k. It'd be nice to be able to sell people a coffee and a cupcake for, say, £3.50. I'm a good salesman, and would heavily leaflet-drop a mile radius of the shop. There is nothing like a cake or coffee shop in the local area I am looking at.
Has anyone had any experience of this type of thing? In particular, the raising of money, starting/registering a Ltd business (I dont want any repo people at my house if it goes t1t5 up), acquiring commercial property (probably rented), change of use application if necessary.
My feeling is that once we have opened and made good with the first shop, we would go on to open further outlets, possibly in town centres with better footfall.
Does this all sound ridiculous? The scariest thing (or the most satisfying depending which way you look at it) would be jacking in my job to start all this.
Clearly cupcakes are in high demand and are very fashionable. The margin can be very profitable - £2 to sell, 40p to produce.
My thought was to set up a business selling cupcakes and cookies and cakes. She has a friend at work who also likes baking, and would like to participate in such a venture (though not financially contributing).
The business would be a small store probably in an area near Mexborough, South yorkshire. There are several empty units, but the area has high footfall due to the Co-operative food store opposite
and plenty of people with giros burning holes in their shellsuits.I also mentioned to my girlfriend that a natural progression from cupcakes would be to open a coffee shop, but I appreciate this is a totally different proposition, and operating one of those barrista machines is a fine art - and they are available on ebay for £1-2k. It'd be nice to be able to sell people a coffee and a cupcake for, say, £3.50. I'm a good salesman, and would heavily leaflet-drop a mile radius of the shop. There is nothing like a cake or coffee shop in the local area I am looking at.
Has anyone had any experience of this type of thing? In particular, the raising of money, starting/registering a Ltd business (I dont want any repo people at my house if it goes t1t5 up), acquiring commercial property (probably rented), change of use application if necessary.
My feeling is that once we have opened and made good with the first shop, we would go on to open further outlets, possibly in town centres with better footfall.
Does this all sound ridiculous?
The scariest thing (or the most satisfying depending which way you look at it) would be jacking in my job to start all this.
