South Korean bakery and coffee chain intends to open its first Canadian location as part of global franchise expansion plan
Paris Baguette operates around 4,000 stores globally | Photo credit: Paris Baguette
The Paris Baguette store will be located in Toronto’s prestigious Bloor Street West shopping district, with the South Korean coffee chain announcing its intention to open further stores in Vancouver and Montreal.
“We look forward to building our footprint in Canada through franchising,” said Gregg Koffler, Vice President of Franchise Sales and Development, Paris Baguette.
“Consumers are continuing to choose quick service restaurants and, as such, we see a great deal of opportunity for business owners looking for a tried-and-true business model, that offers gourmet menu selections for dine-in, delivery or takeout,” added Koffler.
Paris Baguette is the largest food-focused coffee chain in South Korea and operates around 4,000 stores globally. While most of its stores are located in its native market, Paris Baguette’s parent company SPC Group operates around 430 stores across China, the US, France, Vietnam and Singapore.
In July 2021, the bakery and coffee chain announced its intention operate 100 US stores by the end of 2021 as part of a wider goal to reach 1,000 US locations by 2030.