Sunday, August 19, 2007
Business Idea - Gourmet Doughnuts
Doughnuts are not that hard to make and their profit margin is astronomical - around 80% or so! Many tiny storefronts can gross over $150,000 each year. Seventy cent doughnuts only cost a few cents to make. One fellow featured on “Throwdown with Bobby Flay” on the Food Network sells his gourmet donuts for $3.00 each. Offer unique flavours with interesting fillings. Sell to coffee shops or offer to take office pool orders and have them delivered. Hire a part-time student during busy times to assist with deliveries and sales.