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Rationale posted:Have you finished that toilet yet Have you cooked any doughnuts in yours?
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# ? Nov 19, 2022 23:26 |
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# ? May 26, 2024 00:26 |
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No
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# ? Nov 19, 2022 23:42 |
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I'm not totally surprised that a person would randomly inherit a decrepit old building with no commercial value and try to find a way to monetize it despite it being a laughable boondoggle of an idea. I am surprised that the person doing this is themselves in the trades and thus, of anyone, should absolutely know better?! Have you not worked on projects where you're just shaking your head, pissing away time and billing thousands upon thousands of dollars to make somebody's absurd, impractical, ludicrously over-valued dream come true?
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# ? Nov 20, 2022 02:04 |
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Rationale posted:gently caress all that you need to make a spreadsheet or two before you’re qualified to jimmy the shitter Maybe not a spreadsheet but I at least measure the bits and write it down before I go to the store. Unless... you know, I was trying to start a plumbing business. Then I'd make a spreadsheet about shitter jimmying.
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# ? Nov 20, 2022 03:30 |
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# ? Nov 20, 2022 19:27 |
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Nice. I would eat this donuts
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# ? Nov 20, 2022 19:30 |
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those look pretty good op
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# ? Nov 20, 2022 19:40 |
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Nice! W2G! How do they taste? CarForumPoster fucked around with this message at 19:49 on Nov 20, 2022 |
# ? Nov 20, 2022 19:41 |
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Those look delicious.
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# ? Nov 20, 2022 19:48 |
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Found your coffee cups https://www.etsy.com/listing/101213450/goatse-mug
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# ? Nov 20, 2022 19:49 |
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Lookin good. That one on the top right is perfect
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# ? Nov 20, 2022 20:01 |
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CarForumPoster posted:Nice! W2G! How do they taste? The doughnuts themselves are so-so I’m just about over self-rising flour. Wife made custard that came out really nice. I’ve bought worse custard. These cost like 12.5 cents. I bet raised rings are cheaper.
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# ? Nov 20, 2022 20:43 |
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Self-rising flour isn't making your donuts worse or better, it's just unnecessarily expensive. If you want to be concerned with your flour, start thinking about protein %. The main problem with those donuts is that plain cake donuts just intrinsically suck
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# ? Nov 20, 2022 20:47 |
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Rationale posted:These cost like 12.5 cents. I bet raised rings are cheaper. Don’t forget to factor in the labour cost
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# ? Nov 20, 2022 21:06 |
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Anne Whateley posted:plain cake donuts just intrinsically suck Wh
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# ? Nov 20, 2022 21:50 |
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Anne Whateley posted:Self-rising flour isn't making your donuts worse or better, it's just unnecessarily expensive. If you want to be concerned with your flour, start thinking about protein %. The main problem with those donuts is that plain cake donuts just intrinsically suck plain cake is my favorite donut type lol
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# ? Nov 20, 2022 22:10 |
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With no flavor and no glaze or toppings?? congrats you're eating bread
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# ? Nov 20, 2022 22:29 |
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Rudager posted:Don’t forget to factor in the labour cost There are loads of costs other than the raw ingredients that the OP hasn’t considered, this is how businesses go under: they look at cost of sales and gross profit instead of net profit. These donuts will cost very much more than he thinks to produce after all other costs, which would be shaken out in a decent business plan. Added to the fact that they are still boring and poo poo, so the finished donuts will need to cost a lot more to make a decent product that people will buy.
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# ? Nov 20, 2022 22:31 |
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Anne Whateley posted:With no flavor and no glaze or toppings?? congrats you're eating bread Ban this fucker for not knowing what bread is
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# ? Nov 20, 2022 22:31 |
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Rationale posted:The doughnuts themselves are so-so I’m just about over self-rising flour. Including oil? You gotta change oil a lot
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# ? Nov 20, 2022 22:31 |
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Quickbread obviously
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# ? Nov 20, 2022 22:32 |
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Anne Whateley posted:Quickbread obviously You can’t talk, you’re dead.
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# ? Nov 20, 2022 22:35 |
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Anne Whateley posted:With no flavor and no glaze or toppings?? congrats you're eating bread I love bread tho
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# ? Nov 20, 2022 22:40 |
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Anne Whateley posted:With no flavor and no glaze or toppings?? congrats you're eating bread They're not especially sweet cakes, get outta here! Rationale posted:
I bet they aren't, considering you have to buy yeast. Cake donut mix has its leaveners already in it
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# ? Nov 20, 2022 22:42 |
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Anne Whateley posted:With no flavor and no glaze or toppings?? congrats you're eating bread Yes that's why they are the best
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# ? Nov 20, 2022 23:20 |
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Really it’ll be like .6 to .75 for a donut and 1 to 1.25 for a latte
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# ? Nov 20, 2022 23:40 |
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Rationale posted:Really it’ll be like .6 to .75 for a donut and 1 to 1.25 for a latte Have you gotten anyone to look at t he spro machine yet?
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# ? Nov 20, 2022 23:48 |
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Rationale posted:Wife is filing the papers and she said she’ll name everything after herself if I don’t come up with a cool name in like a week does anyone have any cool names I can use? Deze Donuts [Inc.]
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# ? Nov 21, 2022 03:34 |
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Rationale posted:Really it’ll be like .6 to .75 for a donut and 1 to 1.25 for a latte With prices like that you’ll only need 35 customers an hour, every hour, eight hours a day, every day except Christmas, to gross 200k!
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# ? Nov 21, 2022 06:44 |
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I for one am grateful that OP learned to fry a donut. Rationale posted:Really it’ll be like .6 to .75 for a donut and 1 to 1.25 for a latte Lmfao.
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# ? Nov 21, 2022 09:04 |
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I mean that’s what it’s gonna cost me to make the shits. Suppose I sell a nice donut and a latte for $5 that’s about $3 margin and a better value than you’ll find most places. 200 orders a day like that and I’ll be making good money
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# ? Nov 21, 2022 10:53 |
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Rationale posted:Really it’ll be like .6 to .75 for a donut and 1 to 1.25 for a latte That’s COGS though, right? This is only the raw materials, and doesn’t include any of your other variable costs, or the fixed cost that would go into a P/L. Seriously, this is how businesses fail: by focusing entirely on the sale price less the cost of raw materials, you think you’re going to be making loads of money, but you need to sit down and work out (with your most pessimistic worst-case-scenario hat on) how much it will actually cost and how many you need to sell to reach break even.
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# ? Nov 21, 2022 11:09 |
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OP has a secret goal of making restaurant impossible in 2 years.
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# ? Nov 21, 2022 13:02 |
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Im sorry I should have specified those unit costs are after the whole everything including a $20 baker or barista. Of course, labor costs involve letter math but if we’re all kickin rear end in there it’s gonna be .6-.75 for a doughnut and 1-1.25 for a latte. I figure the first thousand dollars in sales each day will feed the beast and after that I’m making my margins. This derived from a $640 daily labor bill and the utility bills I find for similar enterprises. I don’t plan on hiring six people for opening day, though, so my overhead won’t outrun my business.
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# ? Nov 21, 2022 15:43 |
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Rationale posted:I mean that’s what it’s gonna cost me to make the shits. Buddy, you’ll be lucky to get 200 a week coming into that shithole
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# ? Nov 21, 2022 16:43 |
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Where are you getting these numbers from?
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# ? Nov 21, 2022 17:28 |
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Powerful Katrinka posted:Where are you getting these numbers from? See his avatar for artistic interpretation
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# ? Nov 21, 2022 17:49 |
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Rationale posted:If I open and operate with cash money then yeah, the worst that can happen is it fails and I close and take donuts to every party I attend for the rest of my life. The dire warnings I’ve been getting are like “it’s a lot of work” and “you have to use commercial equipment “ which both go without saying really. I posted this and forgot about it, 33 pages later and good lord this thread is good. Thank you for your updates OP, don't stop! Let me rephrase the question. Once you open and are maybe two weeks in and run out of cash, what are you going to do? Close after just two weeks? Or will you convince yourself to maybe dig into your savings "just for a bit" in order to "give the business a chance"? What is the hard line where you will agree to abandon the donut idea and move onto something else? Are you emotionally/mentally capable of walking away once you run out of cash in the short term? I also noticed you are doing this to "spend more time with your kids" What would enable you to have more family time: A food business which requires someone(you mostly) to be there 12-18 hours a day for the first 2-6 months(incredibly optimistic here, most likely much longer) OR passive income from a rental property? GoodluckJonathan fucked around with this message at 19:07 on Nov 21, 2022 |
# ? Nov 21, 2022 18:44 |
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Have you gotten a quote to grade and pave that lot for parking and a drive through? How much does that cost? I have no idea. You need to find out, because it doesn't matter how cheap your donuts are, no one is going to drive up around a grass perimeter to get to them.
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# ? Nov 21, 2022 19:08 |
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# ? May 26, 2024 00:26 |
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Rationale posted:Im sorry I should have specified those unit costs are after the whole everything including a $20 baker or barista. Of course, labor costs involve letter math but if we’re all kickin rear end in there it’s gonna be .6-.75 for a doughnut and 1-1.25 for a latte. https://www.sba.gov/blog/how-much-does-employee-cost-you
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# ? Nov 21, 2022 19:38 |