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Tuesday, September 30, 2008

BabyCakes NYC Meet Futon Lingo

1.8 Million Dollar Cup Cakes Anyone?!?

“Founded in late 2005 with $85,000 in seed capital, BabyCakes NYC broke
even after only seven months. Last year, sales hit $690,000. This year,
he company will gross $1.2 million, according to McKenna, with gross
profit of $497,000 and net income of $100,000. That's pretty good, given
that, as with most food businesses, BabyCakes' markup on specific items is
low. Each cupcake, for example, costs $2 to produce and retails for $3.
Next year, with a second store open in Los Angeles, McKenna projects sales
of $1.8 million.” Inc Magazine Written By Aviva Yael
Read The Article Here

Salutations my name is Erin McKenna,

I was born in…
Chula Vista, CA

Your reading about me because…
I turned my vision of what was
possible in the baking industry into reality.

My hustle/business venture is…
Making cupcakes for people with food

I was inspired to do this because…
I had a clear vision of what the
market needed, and I wanted people to that they could do anything they
set their mind to.

Future plans/goals…
Expanding BabyCakes across the country.

Current song playing in my iPod, CD Player…
Golden Time of Day, by
Frankie Beverly!

Advice for freshly baked entrepreneurs…
Keep your head up. Don't
let anyone get you down or discourage you. Persistence pays off.

BabyCakes NYC™
248 Broome Street
(Btwn Orchard & Ludlow)
New York City, NY 10002
(view a map)

Telephone 212.677.5047
Orders taken Monday-Friday between 10:00 and 5:00. We need 48 hours notice for all orders.

Monday: 10am–8pm
Tuesday-Thursday: 10am–10pm
Friday-Saturday: 10am–11pm
Sunday: 10am–8pm