Bakery franchises sell an assortment of baked goods to customers out of a retail location. Different franchises focus on different baked goods. Some sell bread, some sell a full service menu with sandwiches and salads, and some focus on dessert—such as cupcake franchises.
A sweet success
Efficiency is essential to success as a bakery franchise, and being part of the larger franchise enables economies of scale advantages, which can be difficult to attain for standalone independent bakeries.
The relative stability in the cost of ingredients is another advantage a bakery franchise offers.
There are 6,000 U.S. retail bakeries, though the franchise bakery industry is a very competitive landscape, and few companies own more than 10 stores.
Baked to perfection
Annual revenue of the retail bakery industry is $3 billion.