We Spent $250K To Open A NYC Bakery—Now It Brings In $50 Million A Year

Elisa Marshall and Benjamin Sormonte invested all of their life savings, plus more money from family and friends, to open a cafe called Maman in New York in 2014. Last year, Maman’s 34 locations brought in nearly $50 million. “It was one of the biggest financial risks we could ever take,“ says Marshall. Produced by: Raffi Paul Senior Managing Producer: Eric M. Clark Reporter: Tom Huddleston, Jr. Editor: Amy Marino Animator: Elham Ataeiazar Additional Camera: Lauren Shamo Additional Images: Maman, Getty Images Subscribe to CNBC Make It.: Want to be a successful, confident communicator? Take CNBC’s new online course Become an Effective Communicator: Master Public Speaking. We’ll teach you how to speak clearly and confidently, calm your nerves, what to say and not say, and body language techniques to make a great first impression. Sign up today and use code EARLYBIRD for an introductory discount of 30% off through July 10, 2024: About CNBC Make It.: CNBC Make It. is a new section of CNBC dedicated to making you smarter about managing your business, career, and money. Connect with CNBC Make It Online Get the latest updates: Find CNBC Make It on Instagram: Find CNBC Make It on Facebook: Find CNBC Make It on threads: Find CNBC Make It on X: #CNBC #CNBCMakeIt #HowIMadeIt We Spent $250K To Open A NYC Bakery—Now It Brings In $50 Million A Year