South Korea-based café and bakery concept Paris Baguette is set to further expand its US footprint by signing a one-unit agreement in Leesburg, Virginia.
The restaurant brand signed a new deal with Farooq Siddiqui.
Siddiqui stated: “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 US.”
Paris Baguette will now have five locations in Virginia.
Paris Baguette chief development officer Eric Lavinder stated: “We are thrilled to announce additional expansion within Virginia. There’s a tremendous amount of opportunity in the bakery café space.
“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.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataParis Baguette plans to sign 160 franchise agreements and open 64 new cafes by the end of this year.
Lavinder added that the company’s target markets for the coming year include Arizona, California, Colorado, Illinois, Kansas, Minnesota, Missouri, Oklahoma, Tennessee, Texas, Washington and Wisconsin.
It will also focus on Florida, Georgia, Indiana, Kentucky, Maryland, Michigan, North Carolina, Ohio, Pennsylvania, South Carolina, Virginia and West Virginia.
The brand, which is known for its bread, cakes, and pastries, aims to achieve the 1,000-unit mark in the US by the end of the 2020s.
This month, Paris Baguette signed two new agreements in Clovis and Modesto, California.
The agreements were signed with Anvar and Nikki Tulyag. As a result, Paris Baguette will have 63 outlets throughout the California region.