Funding Details
- Awarder
- StartEngine
- Date Award
- September 01, 2021
- Vertical
- Bakery
- Funding URL
- View Funding Page
- Premoney Valuation
-
$5,000,000
- Valuation
-
$5,000,000
Company Info
- Founding Year
- 2020
- Traction
- The first US location was opened in Miami Beach, FL to test the concept of bringing this Canadian-loved brand to the US and it has generated over $1M in sales in 2019. In its first year, this US test location largely surpassed all Canadian locations in terms of sales, becoming the #1 location in the entire network.
- Revenue Amount
-
$1,000,000
- Organizations Involved
- None
- Founders
- Nicolas Billaud, Vincent Poudras
- Company Description
- La Fayette Franchise, Inc. owns the concept of an artisan bakery that has streamlined the baking process and offers high-quality French flavors all day long. The bakery, Les Moulins La Fayette, is a 20-location bakery in Canada that has been able to grow tremendously with its high-quality bread, viennoiseries, and pastries. By securing the rights to this brand, business model, and experience, we plan to bring this bakery to the United States.
- Market
- Food & Beverage
- Location
-
Miami Beach,
FL,
US
- Coinvestors
- None
Links