Bakerzin Calls It Quits After 22 Years - Closes Down All S'pore Outlets

[WC32890]

Cannot sell sinkie food liao. Next time sell ah neh food can do very well

 

[Aaron_soh80]

Founded in 1998, Bakerzin describes itself as “one of Singapore’s most well-loved artisan dessert cafes”.

The Business Times reported today (October 9) that it has closed all five of its outlets islandwide, marking its exit in Singapore.

According to BT, it has requested Gardens By The Bay to prematurely cease its outlet operations there although its lease was supposed to run till mid-2021.

Bakerzin did not issue any statement on this closure on its Facebook page (its last post was dated on 30 September) and its website is no longer operational.

Earlier this Monday (October 5), Bakerzin also issued notice of a creditor’s meeting for the purpose of winding up.

Bakerzin Used To Rake In S$14M Annual Revenue

Bakerzin was founded by award-winning pastry chef Daniel Tay, who currently owns cheesecake store Cat & The Fiddle, as well as traditional bakes and cakes store Old Seng Choong.

It was formerly known as Baker’s Inn before it was renamed to Bakerzin in 2004.

Image Credit: travelling-foodies.com

It started off as a patisserie-cafe that aims to fill a gap in the market. Back then, good desserts were only served in hotels so Tay wanted to build an F&B brand that serves good, yet affordable, desserts.

In a previous interview with Vulcan Post, Tay shared that the business did really well and the company’s annual turnover was approximately S$13 million to S$14 million.

However, increasing rentals began eating into profits and sales were no longer substantial enough to cover rentals.

He ended up selling Bakerzin in 2007, but managed it until end-2013.

Featured Image Credit: Gardens By The Bay

https://vulcanpost.com/717232/bakerzin-closes-all-singapore-outlets/

their cake sweet like fck.. isit hala?

 

[kamhwee72]

this is next.

Dont leh....

I still support them.

Sent from Send From University Of Hull using GAGT

 

[Tabbycat in grey]

I doubt I even stepped foot inside any of them ...

 

[Acetone]

Sad... I like their Oreo cheesecake

 

[Quala98]

Cannot sell sinkie food liao. Next time sell ah neh food can do very well

close down even faster.... considering most of them packed lunch from home, especially those with wife

 

[Why so serious]

Dont leh....

I still support them.

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unless u help them clear their stock everyday.

 

[Quala98]

heard before but never go before

why dun they copy that bak kut teh shop and post sob stories? Or go with a bang by having farewell, like that beef noodle shop

 

[durain]

He still got cat and fiddle mah. He probably realize sell direct to consumer and run from central kitchen got alot of savings

 

[darthsid11111]

22yrs and I've not spend a cent on it's cake
wheeeww

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Being suaku is not something to be proud of leh.

Got so good meh?

I rather eat chateraise taste of Japan at my doorstep.

Daiso and donki the feel of shopping in Tokyo.

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Why you sinkie no support sinkie??

Sent from Samsung SM-N960F using GAGT

 

[WC32890]

close down even faster.... considering most of them packed lunch from home, especially those with wife

Have you seen the indian restaurant in chennai biz park? Please lo. Biz is brisk

 

[Ultimo_Urien]

Starbucks and coffeebeans still stand strong and packed lei.

 

[Hoshisora]

Survivor of the fittest.
End of the pandemic, we will see which F&B outlets are the more resilient ones.

 

[ParkJinYoung]

20yrs ago before all the hipster cafes, their first outlet at millienia walk was probably one of the few places or first cafe to serve decent cakes

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[moolala]

Another 1 bites the dust!!!

REITS killing everything

Song bo!!!

why u say REITs killing?

not covid also?

 

[zensushi]

Cat & the Fiddle too.

Same owner

Ordered many many times from Cat & the Fiddle Cakes in the past 18 months!

 

[tatsit]

ive never been to that shop before

 

[d5dude]

However, increasing rentals began eating into profits and sales were no longer substantial enough to cover rentals.

Was already struggling before the pandemic and lockdowns, all these F&B biz only exist to fatten the pockets of landlords and reits.

 

[TUV2008]

For two decades they have made enough money to retire in style, why bother with all the social distancing etc....

 

[Shadow_Dancer]

Ordered many many times from Cat & the Fiddle Cakes in the past 18 months!

Hoh jiak ah ?