Paris Baguette eyes presence in Canadian bakery market
The South Korea-headquartered chain initially had plans to further expand in the U.S. and Singapore.
Paris Baguette has set its sights on the bakery market in Canada, starting with development opportunities in Toronto, the country’s most populous city.
The South Korean bakery-café chain said it is looking for multi-unit owners and area developers who “are as passionate as they are about the business and their communities” and plans to “strengthen its presence as a global franchise concept.”
“At our core, Paris Baguette is a bakery that is French inspired and innovates through global influences,” said Gregg Koffler, Vice President of Franchise Sales and Development. “Our rich history of more than 70 years in the baking business coupled with our global identity are sure to resonate with the diverse population of Toronto. Fast casual restaurants continue to outpace industry growth and we see a great deal of opportunity for business owners in this urban market.”
“We offer versatile store footprints and our concept succeeds in a variety of environments, from urban centers to suburban shopping centers,” continues Koffler. “Though the restaurant industry is facing unique challenges at this time, we’re seeing positive steps being taken to support our industry and business owners. Based on this outlook, we are bullish about the long-term prospects of owning a Paris Baguette franchise and are eager to meet with the best-in-class operators in this city.”
Paris Baguette currently operates more than 82 corporate and franchise bakery-cafés throughout the U.S., and over 3,500 internationally. Its parent company, SPC Group, was attempting to push its expansion plan in the United States by reviewing a possibility to open a high-end restaurant brand named Maison de PB in New York.
“We were planning so as part of our global business expansion starting with our locations in Singapore. However, due to the COVID-19 outbreak, everything was put on hold,” an official spokesperson for SPC told the Korea Herald. “We were going to start with Maison de PB and make our next move after watching its performance in NYC.”
Photo credit: Paris Baguette
