With 47 freshly signed deals and over 40% year-over-year growth,
Entrepreneur Magazine's No. 1 bakery/cafe brand is poised to meet,
if not exceed, its goal of 64 units opened
CEDAR
PARK, Texas, May 26, 2023
/PRNewswire-PRWeb/ -- Paris Baguette, the bakery café concept with
4,000 units worldwide including nearly 150 in the United States, has seen significant growth
in the past year. After a remarkable 2022 and strong first quarter
in 2023, the franchisor is continuing along an impressive growth
trajectory with its most recent signing in Cedar Park, TX.
"We are thrilled to announce additional expansion within
Texas. There's a tremendous amount
of opportunity in the bakery café space," explained Mark Mele, chief development officer. "No other
bakery café franchisors are doing what Paris Baguette is on the
same scale. Our ability to stay true to our bakery café roots while
embracing aggressive expansion has garnered attention, and that
only serves to drive us forward."
The Cedar Park deal will bring
the total number of locations within Texas to 18. The agreement was signed by
Sushma Koritala who is pioneering
the additional growth.
"When looking for the right franchise opportunity, Paris
Baguette was the ideal fit because of its amazing product line,
store design and proven response from communities throughout
the United States," said
Koritala.
Moving forward, the brand continues to eye the 1,000 unit mark
within the U.S. by 2030, and as it continues to grow, Mele
explained that Paris Baguette seeks passionate franchisees
interested in serving people in a welcoming neighborhood
establishment.
"We want someone who is going to take the time to put the right
staff members in place in their store and ensure everyone
understands the most important person is the guest," he added.
Within the $17 billion bakery
segment, Paris Baguette continues to differentiate itself by
offering breads, cakes and pastries made fresh daily, unlike many
other concepts that primarily offer soups, salads and other
pre-made goods.
For franchisees looking to break into the industry, Paris
Baguette provides remarkable brand recognition, unique guest
offerings and strong franchisee support while maintaining its
commitment to following a true bakery café model.
In 2023, Paris Baguette aims to sign 160 franchise agreements
and open 64 new cafés. Mele said target markets for the coming year
include Washington, California, Arizona, Colorado, Minnesota, Kansas, Oklahoma, Texas, Missouri, Wisconsin, Illinois, Tennessee, Georgia, Florida, North
Carolina, South Carolina,
Kentucky, West Virginia, Virginia, Ohio, Indiana, Michigan, Pennsylvania and Maryland. He added that the brand will
continue its development in New
Jersey and New York and
expand in some additional states in New
England, including Connecticut and Massachusetts.
"We are on track to enter 45 new markets and open a total of 64
units by the end of 2023," said TJ Rogers, franchise sales manager.
"Even throughout the pandemic and its aftershocks, we did not shy
away from opening additional units and exploring new markets. With
great year-over-year revenue increases and a persistent interest in
the brand from franchisees and consumers alike, we expect nothing
but a strong continued growth trajectory for the brand."
The total investment to franchise with Paris Baguette ranges
from $652,565 and $1,750,900 including a $50,000 franchise fee. For more information,
please visit https://parisbaguette.com/franchising/.
ABOUT PARIS BAGUETTE
Paris Baguette is a bakery café franchise with more than 4,000
units across the globe. The brand first started franchising in 2015
in the U.S. and has since established more than 135 locations in
markets across the country, making it one of the premier franchise
opportunities in its category. Paris Baguette's primary mission,
executed every day by its expert staff of bakers, cakers and
baristas, is to share moments of joy with customers and help
customers share moments of joy with their friends and family by
providing world-class cakes, pastries, coffees, breads and other
French-inspired bakery café fare. For more information, please
visit https://parisbaguette.com/franchising/
Media Contact
Julie Maw, Mainland, 3125263996,
jmaw@hellomainland.com
SOURCE Paris Baguette