Starting a bakery can be costly, from securing a lease to stocking up on high-quality ingredients. Not to mention hiring workers and buying (or leasing) commercial equipment. Bakery startup costs often range from $10,000 to $50,000.
That’s not to say you can’t make money if you do it right. The U.S. has around 6,000 retail bakeries with total annual revenue of approximately $3.8 billion, according to First Research.