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  #1 (permalink)  
Old April21st, 2008
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Default I Can't Believe I'm Considering This!

I have always said I never wanted a store front bakery. I don't want a set schedule! I don't want to"have" to do cakes if I don't want to! I don't want to worry about making ends meet!

So what am I doing? I'm looking at buying a store front bakery!!!

I just happened to be driving through the downtown area of the small town my daughter lives in (and I was born in) and the bakery I went to when I was a little girl is up for sale! It's so cute and so quaint! It even has a little apartment living area in the back.

Just on a lark, I called the realty company and went to take a look at it...sort of just for old times sake. I fell in love and the price is fantastic! For the building and all the equipment and decorating supplies they're asking $40k. Even here, that's dirt cheap. The supplies he has in there are amazing...probably at least 2 dozen dummy tier cakes and literally thousands of decorative items, boxes, food coloring, sugars, icing sheets..you name it, it's in there. The walls are just crammed with "stuff". It has all the equipment, you could open the door tomorrow and operate out of it.

We've been checking into costs..utilities, insurance etc and they're all reasonable. When I started this insanity I was just sure I'd hit a roadblock that would stop the process and then I wouldn't have to make decisions, but so far everything is working out.

Ugh! I just can't make up my mind and I'm driving everyone insane so I thought I'd drive ya'll insane too! My daughter called today and said, "What you would say if I told you the for sale sign was down?". My response was, "Oh no!, You've got to be kidding me!!!" She said, "Well, if that doesn't tell you whether or not you should buy it, nothing will."

So, I may just be doing exactly what I said I never wanted to do! Is that as crazy as it sounds?????

Oh and thanks for "listening"!
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Old April21st, 2008
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Default Re: I Can't Believe I'm Considering This!

You go, girl!!! Who says you have to keep long hours? You already have a good client base. You can be open from 10a-3p if you want! Or by appt only! Hooray! I'm happy for you! I think it's great.
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Old April21st, 2008
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Default Re: I Can't Believe I'm Considering This!

You know, I never thought of that believe it or not! I don't have to be open 7 days a week! I could do either short days or maybe by appointment only days a few days a week.



Good idea! Thank you!
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Old April21st, 2008
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Default Re: I Can't Believe I'm Considering This!

I can't wait to see how this plays out for you. I love your cakes! You have an amazing talent, and I wish you all the best!
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Old April21st, 2008
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Default Re: I Can't Believe I'm Considering This!

yes, please keep us in the loop! i'm excited!!
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Old April21st, 2008
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Default Re: I Can't Believe I'm Considering This!

Wow! I think it's a great deal and I would sieze the oppurtunity if I were you!. You can set your own hours whatever is convienient for you. You go girl! All the best!
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Old April21st, 2008
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Default Re: I Can't Believe I'm Considering This!

What an amazing deal! You can definitely work around your own schedule. A lot of custom bakeries are only open Tuesday or Wednesday-Saturday with only one day for scheduled tastings. I think it's fantastic! And, your daughter's test was your answer. You go buy that bakery! Good luck!
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Old April21st, 2008
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Default Re: I Can't Believe I'm Considering This!

Oh how exciting! That place was waiting for you to find it. That IS an amazing deal! If you turn out to not like it, you could always sell also. And my BFF is right (amanda), you can be open for a few days or a few hours - it's YOURS. (will be!)

Go claim it and keep us posted! You have to get some pictures.
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Old April21st, 2008
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Default Re: I Can't Believe I'm Considering This!

Thanks all of you for the wonderful support!

I just got off the phone with our financial advisor. Good heaven's he kept me on the phone for 2 hours!!! Don't ya' just hate those guys??? They never want you to do anything the least bit risky!

I'm definitely not a risk taker, but the price is so good on this that I'm having a hard time passing it by. Besides, as cheap as it is, if I never sold a single cake it's not like we'd go bankrupt making the payments on it.

We're just starting the process of selling our house. The market here is not depressed like it is in other parts of the country. We never got the real estate boom, so we're not experiencing the fall either. He wants us to wait until the house sells, then use some of the cash to buy the bakery.

But I know by then it will have sold. And, when I sell my house, there goes my licensed kitchen!

What to do..what to do...
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Old April21st, 2008
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Default Re: I Can't Believe I'm Considering This!

Buy that bakery, move in to the little apartment, move your stuff out of your house ('cause empty, or nearly empty houses sell better) and enjoy your new space! It's such a great opportunity! Financial advisors are great because they really know how to help you long term, but they aren't exactly risk takers. How can you pass up a stocked 40K bakery?
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