This is a cupcake store on Seventh Avenue in the Garment Center. I was walking with the realtor and he told me that he rented the store. The tiny miniature cupcakes sell for three dollars a piece. The rent for a store that is 18 by 8 feet? $22,000 a month. Yikes!
6 comments:
You better sell a lot of friggin cupcakes. But a Time Square location probably can sell enough $3 cup cakes to make its nut...at least until the novelty of buying $3 cupcakes wears off.
That store will be closed in twelve months, unless each cupcake has a gram of crack in it.
Agh.....I shouldn't have used that word.
Over 7000 cupcakes to break even. No. With the expenses above rent more like 9000 cupcakes. Okay, let's break that down: that would be three hundred cupcakes a day. If they're open 10 hours a day that makes it 30 cupcakes an hour. Piece a cake, er...cupcake. Cause in that location i'll bet 300 cupcakes an hour are sold, easily, during rush periods. And if they douse the cupcakes in rum...
So, the key thing is to OWN real estate in NYC, not run a business.
Yeah, but then you gotta eat, too, right, ricpic? And pay for rent on your own digs.
Or are you just gonna sleep over the store and eat cupcakes?
Yeah, but then you gotta eat, too, right, ricpic? And pay for rent on your own digs.
Or are you just gonna sleep over the store and eat cupcakes?
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