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Queen of the Bagel Business

28 points • by qi104104 • last Monday at 3:23 PM • 10 comments • view on HN

Comments

halfmatthalfcat • yesterday at 9:21 PM

> When I tell her she makes it sound easy, she responds smoothly. “It is,” she says, reminding me her own shop sells 1k bagels on the weekends.

> To start a bagel shop today, she says, costs ~$500k.

"To START" - key quote. Rent, machinery, staff, etc. And then you have to do volume (~1k/day) to even start to cover costs. Then you need ancillary products like coffee (huge margins), cream cheese, etc.

I've been making bagels for almost 4 years and looked into the economics, it's hard and you wont break even for at least a couple years. As someone in tech, trying to get to my current salary would take around 5 years, that doesn't include the time investment, especially with a family.

syngrog66 • yesterday at 9:05 PM

It sounds like it could be more lucrative to be a restaurant/baking consultant/trainer than to run a restaurant directly. Devilish details in the execution, requiring just the right individuals and timing and probably luck. With lots of ways to fail.

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realo • yesterday at 9:50 PM

I am sure she makes nice pastries, but those are not bagels.

Bagels are cooked in firewood ovens. And they are certainly not "fluffy"!

Best bagels are in Montreal.

Around here we have a nice bagel shop also. Look for "Bagel Maguire Cafe" in your search engine of choice ... you can also find pictures of their big firewood oven.

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