PARIS BAGUETTE

Item 7 details a hefty entry: initial investment from $727,515 to $1,860,550, including a $50,000 franchise fee, driven by build-out, equipment, and inventory for those artful displays. Ongoing fees stack up with 5% royalties, 2% brand fund, plus $250-$500 monthly software and up to $300 tech fees—higher than some peers but aligned with upscale positioning. Item 19 shines brightest: average gross sales hit $3,050,434, median $2,987,295 across mature units, suggesting strong top-line potential if you nail high-traffic spots, though profitability hinges on tight labor and waste control in this high-volume model.

System vitality screams momentum: locations jumped 40% from 186 in 2024 to 261 franchised (plus 8 corporate) in 2025, with 90 projected new units and just 2 terminations—flags of healthy retention. SBA stats bolster confidence: 105 loans averaging $1,112,231, but a stellar 0.9% default rate crushes industry norms, signaling franchisees repay reliably. Transfers at 12 show active but stable ownership churn. For investors eyeing fast casual, this data mix—sky-high revenues offsetting big upfronts, plus lender love—positions Paris Baguette as a growth play, but only if your capital runs deep and ops expertise matches the premium vibe.