Paris Baguette Recognized as Fastest-Growing Brand by Technomic
After an opening per week and 40 agreements signed in the first quarter, the global bakery café is one of the fastest-growing concepts in its space.
Moonachie, NJ (RestaurantNews.com) Paris Baguette, the bakery café concept with 4,000 units worldwide including nearly 150 in the U.S., is working toward having 1,000 units open in the States by 2030. After rounding out an impressive 2022 and kicking off the year with a great first quarter, the brand’s efforts are catching the eyes of industry experts. Most recently, the brand was named a fastest-growing brand by Technomic, a food service insights company.
“We’ve been working diligently on expansion plans and are very proud of the progress we’ve seen in recent years,” said Mark Mele, chief development officer. “Recognition by Technomic only reaffirms the value of the work we’re doing.”
Paris Baguette’s unique offerings, including breads, cakes and other pastries made fresh daily, draw in loyal guests interested in having a French bakery café experience in their hometowns.
Technomic’s State of the Industry report digs into consumer, industry and menu trends across the U.S., Canada and 23 other countries globally. In its 2023 Top 500 Chain Restaurant report, Technomic noted that the Top 500 group serves as “the foundation of the industry” and accounts for nearly 65% of all restaurant sales.
Paris Baguette is among the nine top fastest-growing concepts highlighted by Technomic, celebrated for its 36% growth in 2022 alone.
“This recognition is a testament to the hard work of our franchise development team over the past decade,” said Darren Tipton, CEO of Paris Baguette. “Our expansion, especially in the U.S., is taking off, and people are noticing. As we continue to rank highly among other industry leaders, we take the recognition as a marker that our growth will continue along a strong trajectory.”
The brand’s recognition by Technomic comes just months after it secured the 118th spot in Entrepreneur’s 2023 Franchise 500® thanks to a strong evaluation of its unit growth, financial strength and stability, and overall brand power.
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 nearly 150 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/.
Contact:
Julie Maw
Mainland
209-617-6518
jmaw@hellomainland.com
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