Buying a Paris Baguette franchise: SBA acquisition loan data
Since FY2018, SBA lenders have approved 15 7(a) loans to buy an existing Paris Baguette (classified mostly as Baked Goods Retailers), totaling $20.9M. The median loan was $1,143,000, 77% higher than the $645,250 median for all SBA-financed acquisitions. 4 of these loans were approved in the last two fiscal years.
The purchase agreement decides what you bought, not the loan approval.
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What this tells a buyer
- Price range to expect. Loan size tracks purchase price. Half of Paris Baguette resale loans landed between $640,000 and $1,680,000.
- Lender experience exists. East West Bank alone has financed 3 Paris Baguette resales.
- Guaranty. The SBA guaranteed 76% of the dollars lent here.
- What the file leaves out. The SBA file does not record franchisor transfer terms or fees.
Financing a Paris Baguette resale
The median SBA 7(a) loan for a Paris Baguette resale was $1,143,000 across 15 loans (FY2018 to FY2026). East West Bank, Open Bank and Commonwealth Business Bank have financed the most Paris Baguette resales. Too few of these loans are old enough to measure a charge-off rate; the average for all SBA acquisition loans is 3.5%.
Paris Baguette acquisition loans by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 0 | $0 | - | |
| FY2019 | 0 | $0 | - | |
| FY2020 | 0 | $0 | - | |
| FY2021 | 3 | $1.6M | $580,000 | |
| FY2022 | 1 | $2.6M | $2,600,000 | |
| FY2023 | 5 | $8.4M | $1,143,000 | |
| FY2024 | 2 | $2M | $981,750 | |
| FY2025 | 1 | $1.9M | $1,910,000 | |
| FY2026 | 3 | $4.5M | $1,365,000 |
How often do these acquisition loans fail?
Fewer than 20 Paris Baguette acquisition loans are old enough to measure losses reliably, so no charge-off rate is shown. The benchmark across all SBA acquisition loans in the FY2018 to FY2021 cohort is 3.5% by count. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
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Lenders financing Paris Baguette resales
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | East West Bank | 3 | 20.0% | $2.9M | |
| 2 | Open Bank | 3 | 20.0% | $2.2M | |
| 3 | Commonwealth Business Bank | 2 | 13.3% | $2.2M | |
| 4 | The Bancorp Bank National Association | 1 | 6.7% | $4.5M | |
| 5 | Hanmi Bank | 1 | 6.7% | $2.6M | |
| 6 | Southwestern National Bank | 1 | 6.7% | $2.2M | |
| 7 | Woori America Bank | 1 | 6.7% | $1.5M | |
| 8 | JPMorgan Chase Bank, National Association | 1 | 6.7% | $1.4M | |
| 9 | PCB Bank | 1 | 6.7% | $941K | |
| 10 | KeyPoint CU | 1 | 6.7% | $580K |
States where Paris Baguette units are bought
| # | State | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | California | 13 | 86.7% | $13.8M | |
| 2 | New Jersey | 1 | 6.7% | $4.5M | |
| 3 | New York | 1 | 6.7% | $2.6M |
The purchase agreement decides what you bought, not the loan approval.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
How lenders classify Paris Baguette
Lenders code each loan to a NAICS industry. For Paris Baguette the codes used were:
| # | Industry | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Baked Goods Retailers | 7 | 46.7% | $9.4M | |
| 2 | Snack and Nonalcoholic Beverage Bars | 4 | 26.7% | $8.1M | |
| 3 | Retail Bakeries | 4 | 26.7% | $3.4M |
Questions buyers ask
How much do buyers borrow to buy a Paris Baguette franchise?
The median SBA 7(a) loan for a Paris Baguette resale was $1,143,000 across 15 loans (FY2018 to FY2026). The middle half of loans ran from $640,000 to $1,680,000. The loan excludes the buyer's equity and any seller note and may include working capital, so the price is usually higher than the loan.
Which banks finance Paris Baguette acquisitions?
East West Bank has made the most SBA acquisition loans for Paris Baguette (3, 20% of the total). Open Bank, Commonwealth Business Bank, The Bancorp Bank National Association follow.
What interest rate and term do Paris Baguette acquisition loans carry?
The average initial rate at approval was 8.23% (a blend of fixed and variable loans across several rate environments, so treat it as context, not a quote). The median term was 10 years.
Is a Paris Baguette resale riskier than other SBA-financed acquisitions?
Too few Paris Baguette acquisition loans are old enough to measure. The benchmark for all SBA acquisition loans is 3.5% charged off in the FY2018 to FY2021 cohort.
Where are Paris Baguette units being bought with SBA loans?
California (13), New Jersey (1), New York (1). State counts follow where the brand has units and where SBA lending is most active generally; see the state pages for the overall picture.
The purchase agreement decides what you bought, not the loan approval.
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Related
- All Baked Goods Retailers acquisitions
- California acquisitions
- New Jersey acquisitions
- New York acquisitions
- East West Bank
- Open Bank
- Commonwealth Business Bank
- All franchise brands
Brand name as recorded by lenders in the SBA file: "Paris Baguette" (franchise code S1279). Figures are aggregates of public SBA data and are not provided or endorsed by the franchisor.