There is a cupcake only bakery in my town that opened a little over a year ago. Two months ago, I saw a listing on CraigsList that they were for sale. When I e-mailed about the price, I was told they were selling so they could "travel more". Yeah right... there was never a line into their shop. Some towns are just to "cheap".
I like the idea of cupcakes, but not as a sole venture. Especially when you are charging $3 apiece.
My local shop charges $1.95 for regular, $2.50 for specialty flavors, and $2.95-3.50 for jumbo. Minis are $11.00 per dozen and $.20 per letter for fondant lettering.
They also sell coffee, tea, hot chocolate, and bottled drinks.
I was surprised at the low price, especially in the neighborhood they are in. I know they could get a higher price.
When I was in New York 2 years ago I was one of those people waiting in line for a cupcake(Magnolia) 
and boy was I.........................Disappointed!!Of course I am a cake snob!! 
This year I went to San Francisco.......we tried Meitte.......not only was the $3 cupcake pure crap so was the awful lady waiting on me...............then we tried Citizen Cupcake... that was pretty good................I dont think I like cupcakes 
Of course i only sell cupcakes in my shop for walk ins.............(Im a made to order shop)and I sell out of them every day........I think people like them because they are a single serving and maybe they wont over indulge that way
Wilton has come out with some awfully cute papers!! I just saw some new ones I hadn't seen before last night at Joann's!
http://www.cupcakefun.com/store/
FYI: The bakeries the show was talking about were: The Magnolia Bakery and a Bakery called Sprinkles!! According to the show, they say the cupcake craze is here to stay!! These bakeries had people lined up outside to buy their product!! I think it would be a blast to have a business like that, however I would still want to do cakes. They say that the cupcake let's people indulge without so much guilt!!
If I remember correctly, I think Sprinkles is the same cupcake cafe that was on Oprah. If so, I later saw the owner on another show and she said that the morning after the Oprah show aired they had customers wrapped around several blocks!!! What great advertising!!!!
Yep, it is indeed the same one that was on Oprah. And they did say that Sprinkles got a ton of business after being aired on there.
I did my 1st wedding in cupcakes. She was absolutely firm on not wanting any trees, stands etc. We created a display using glasses and white table cloths. We also had candles. It was so pretty and I didn't get a pic at all....yep kicking myself. The colors were chocolate and mint. I made chocolate colored gumpaste roses and bows for the cupcakes ontop of mint green icing. The used a jumbo cupcake just for taking the pic and had an anniversary tier of course. It was very elegant, I was proud
The cupcake craze had actually been booming in certain areas around the US for years per my research 3 yrs ago. That's why I wanted to get into it. I did see The Today Show and am excited 'cause I think its time for our area to have one and with a name like Cupcake Cutie Etc. I might get a little shine when I get the storefront open. And hey, if it doesn't work out, I still have custom cakes and weddings. 
That's what the Etc. is all about.
This is news?? I'm with you indydebi, I was not ever aware cupcakes had become unpopular at any point.
BUT - I think once you start seeing bakeries selling cupcakes for 3 bucks a pop, you can then put it into the "craze" category 
"Craze" of course meaning "crazy"....which is what you must be to pay 3 bucks for something some bakers make simply to get rid of surplus batter on wedding cake baking day..... 
I was very dissappointed with Sprinkles. I make a better cupcake, and I'm sure many of you would as well. They say they bake from scratch using only the finest ingredients. I think that's what gets people in the door, I'm sure the mention on Oprah helped a lot. Definitely not worth $3.25 each, I can make a dozen for that much.
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