La Fayette Franchise

Neutral
BETA

Bringing French bakeries to the USA

Analytics

Raised to Date: $130,635

Aggregate Commitments $
Platform

StartEngine

Start Date

07/20/2020

Close Date

12/14/2020

Min. Goal

$10,000

Max. Goal

$1,070,000

Min. Investment

$200

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Pre-Money Valuation

$5,000,000

Weekly Commitments $
Status

Active

Reporting Date

12/02/2020

Days Remaining

11

% of Min. Goal

1,306%

% of Max. Goal

12%

Likelihood of Max
Avg. Daily Raise

$968

# of Investors

216

Momentum
Location

Miami Beach, FL

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B2C

Margin

Medium

Capital Intensity

Low

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

Ratings

last updated 12/03/2020

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