Buying a Bakery in France: The Complete Acquisition Guide
France counts 33,000 artisan bakeries, with 800-1,000 fonds transferred each year at median prices of EUR 200,000 to 500,000. The trade requires CAP boulanger qualification or 3 years of effective practice, plus a 14-hour HACCP food hygiene training. This guide covers qualification, valuation by turnover and EBITDA multiple, the 5-phase acquisition timeline, financing through Bpifrance Création-Transmission and Initiative France, and post-deal priorities.
# Buying a Bakery in France: The Complete Acquisition Guide France counts roughly 33,000 artisan bakery-pastry shops, of which about 28,000 fall within the strict perimeter of article L.121-80 of the Code de la consommation, which reserves the word "boulangerie" to those who knead, ferment and bake their bread on site. This statutory protection, combined with inherited know-how, structures an unusually active acquisition market: 800 to 1,000 fonds de commerce transactions per year, with median prices between EUR 200,000 and EUR 500,000, and prices above one million for high-traffic city-centre…