Hungarian bakery looking to establish franchise

Food

Hungarian bakery Pécsváradi Aranycipó is planning to launch a franchise network, the company’s franchise manager László Büki told Hungarian news agency MTI yesterday.

Pécsváradi Aranycipó currently operates twenty bakeries and is planning to establish a countrywide network of franchise stores in the next five years, the manager said. 

The company, which employs approximately 400 people, had a revenue of HUF 3.6 billion last year, and expects a HUF 100 million revenue increase this year, the manager added.

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