La Fayette Franchise

La Fayette Franchise

Early Stage

Bringing French bakeries to the USA

Bringing French bakeries to the USA

Overview

Raised to Date: Raised: $354,440

Total Commitments ($USD)

Platform

StartEngine

Start Date

07/19/2020

Close Date

08/31/2021

Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment

$200

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$5.00

Pre-Money Valuation

$5,000,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

09/04/2021

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$871

# of Investors

550

Momentum
Funded
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Year Founded

2020

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B2C

Margin

Medium

Capital Intensity

Low

Location

Miami Beach, Florida

Business Type

Growth

La Fayette Franchise, with a $5 million pre-money valuation, is raising funds on StartEngine. The company offers franchisees to the Les Moulins La Fayette bakery and brings high-quality French bakery flavors to the USA. The bakery chain serves delicious bread, pastries, and viennoiseries. La Fayette Franchise is selling the brand, business model, and supply chain of restaurants to open up their own bakery. La Fayette Franchise was founded by Nicolas Billaud and Vincent Poudras, and also has the original concept founder Johnny Jeulin on Board. The proceeds of the current round of crowdfunding, with a minimum raise of $10,000 and a maximum raise of $107,000, will be used to expand the Canadian bakery chain in the US market. La Fayette Franchise has already opened a test location in Miami Beach and achieved $1 million in sales in 2019.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-13,650

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 07/19/2020
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La Fayette Franchise on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $5,000,000
Price per Share: $5.00

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