Paris Baguette Franchise In USA Cost, Profit, How to Apply, Requirement, Investment, Review | SkillsAndTech
Paris Baguette is a global bakery café leader. One of South Korea’s most famous bakeries is known for its high-quality baked bread, cakes, and pastries. Paris Baguette may be the appropriate spot to put your money if you’re willing to expand your portfolio and get into franchising.
Here we have discussed some significant points related to this franchise that will help you understand the company and its franchise policies. If you are looking for Paris Baguette Franchise, then you are at the right place.
Table of Contents
Paris Baguette Franchise Wiki
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Paris Baguette has its roots in South Korea. It is a bakery concept as common in Korea as Starbucks is in the USA. This café with an Asian-infused French Concept offers freshly-baked bread, cake, pastries, salads, and sandwiches. They believe the world needs more moments of joy. And Paris Baguette is the place that brings a smile to your face.
In 1988, Paris Baguette was founded by a Korean businessman Hur Young-in, head of the food and confectionary group SPC. Two years before opening Paris Baguette, he opened a Paris Croissant, a similar French-themed bakery.
After that, he started studying the art of bread making and French artistry and started dabbling with the business side of things with the family group and his own bakery. Currently, Paris Baguette has more than 4000 locations worldwide and still growing more year by year.
Paris Baguette Franchise Benefits
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This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.
Paris Baguette Franchise Cost
Initial Investment | $378,270-$1,638,554 |
Franchise-Fee | $50,000 |
Royalty-Fee | 5% of Weekly gross sales |
Liquidity | $500,000 |
Training & Support Of Paris Baguette
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Paris Baguette franchise has two phases of training. One is a classroom-based training that consists of approximately 311 hours, and the second phase is based on on-the-job training at a minimum of three cake decorations.
They are also required to attend mandatory ongoing training, which may occur up to 12 times per year. They also conduct seminars or convections from time to time for the benefit of all franchisees.
The classroom training occurs at Moonachie, New Jersey training center or virtual options are also available due to covid-19. On-the-job training occurs at the franchisor’s training locations in the USA that the franchisor designates during the term.
Paris Baguette Franchise Requirements
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This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.
Term Of Agreement & Renewal
The length of the initial franchise term is ten years from the opening date.
The franchisor is eligible to renew the term for two additional consecutive terms of five years each if the requirements are met.
Paris Baguette Franchise Profit
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Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors.
How to Apply For Paris Baguette Franchise
To get the franchise first you have to fill the form. Then the company officials will contact you for further details. After that you you can open this franchise.
Paris Baguette Franchise Contact details
Website
FAQ
Is it profitable or not?
Ans: It is fast moving products, so there is fewer margins but your sale is too high. So, obviously you can make more profit from this business.
How Much Does A Paris Baguette Franchise Make?
There are several aspects that determine the profitability of the Paris Baguette franchise.
Profit varies depending on the size of the investment, expenses, and demand for the product. As we all know, Paris Baguette has already earned goodwill in the market, so there is a good possibility that revenue must be higher.
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How Much Does It Cost To Start A Paris Baguette Franchise?
Opening a Paris Baguette franchise requires an initial investment of $378,270 – $1,638,554.
How Many Paris Baguette Franchise Locations Are There?
Currently, Paris Baguette has more than 4,000 franchise locations worldwide.
Is Paris Baguette Chinese?
No, Paris Baguette is a Korean brand.
Conclusion
So far we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information please feel free to share with us. Share your thoughts and we will definitely contact you with new franchise and opportunities. Stay Tuned for more franchise. Thank you
Disclaimer: The information given in this article like investment may vary from place to place, so we are not sure about the investment part.
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