From Engineer to Entrepreneur: NYC French Bakery Owner Rakes in $128K Monthly Crafting Mini Croissants
L'
L'Appartement 4F

From Engineer to Entrepreneur: NYC French Bakery Owner Rakes in $128K Monthly Crafting Mini Croissants

Case study ·

Earning a steady $105K annual salary as an engineer and a good income in the mortgage industry might sound like the definitive American dream.

Founder Gautier Coiffard
Country USA
Team size $128,000 per month



 

Earning a steady $105K annual salary as an engineer and a good income in the mortgage industry might sound like the definitive American dream. However, for Gautier Coiffard, 34, and his wife, Ashley, 33, the American dream was surrounded by the scent of freshly baked French pastries. The couple, risking it all, left their secure jobs to chase an entrepreneurial dream that began in their 479 sq. ft. apartment in Brooklyn Heights. Not many would understand this risky transition, but as it turns out, their keen sense for business and distinctive product, the mini croissants cereal, began to stir up a storm.

The Story of Gautier and Ashley Coiffard

Gautier and Ashley Coiffard, are the husband and wife duo who embarked on a challenging yet rewarding journey from high-paying jobs to building their own French bakery business - 'L'Appartement 4F.' Their unique offering, a mini croissant cereal, quickly gained popularity, making their business endeavor look more sustainable than skeptical.

They didn't rush into this decision. In fact, it was a series of encouraging events that led them to this life-changing transition. Gautier and Ashley decided to open up their storefront only after a realtor reached out to them, and the Brooklyn Heights Association signified the neighborhood's need for a bakery. As Ashley recalled, "It all kind of fell into place really quickly after we decided to get a retail space."

From Engineers to Bakery Owners

Forgoing an annual income of $105K, Gautier and his wife put not just their savings but their careers at stake. But with the taste of their mini croissant cereal winning over skeptical friends and family, their business began to garner substantial income. By April 2021, their bakery was pulling in a neat $10,000 a month, and eventually, they opened their first storefront.

Keeping authenticity at the heart of their business, the Coiffards sourced butter and chocolate directly from France, their biggest monthly expense of about $37,000, besides the rent of the storefront, which adds to $3,200. However, for them, sustainability was more than breaking even. As Ashley puts it, "We want to make sure everything we do is sustainable and servicing the community that built us."

Their story is not just a testimony to their entrepreneurial spirit but a celebration of the 'American Dream' in its true sense.

The Birth of L'Appartement 4F

Take a moment to consider what it might be like to leave a stable profession to pursue an entrepreneurial dream. Gautier Coiffard was a 34-year-old engineer, and his wife, Ashley, was a 33-year-old mortgage industry professional when they decided to bid farewell to their traditional jobs. They embarked on their own version of the American Dream, a French bakery business named 'L'Appartement 4F'.

Starting out of their Brooklyn apartment

Their journey began in their modest 479 sq. ft. apartment in Brooklyn Heights. Both their living space and their bakery's namesake, L'Appartement 4F, rapidly became the hub of delectable French pastries.

The rise in popularity of their mini croissants cereal

Their signature mini croissants cereal flourished, winning the hearts of Brooklyn folks. As their customer base grew and the business proved its viability, the couple decided to take a leap of faith. They left their jobs, Gautier leaving a promising engineering position with an annual salary of $105K.

Making the decision to open a storefront

Turning a dream into a reality: It seemed like destiny had a plan when a business-savvy confidant recommended they move their flourishing business to a storefront. "It all kind of fell into place really quickly after we decided to get a retail space. A realtor reached out to us and the Brooklyn Heights Association said, 'If you're looking for a space, the neighborhood really needs the bakery.' It happened all in the same week," Ashley recounted.

Today, L'Appartement 4F stands as a go-to place for French pastries in Brooklyn Heights, bringing in $10,000 per month in revenue by April 2021. Gautier and Ashley are dedicated to crafting exquisite pastries with authentic ingredients imported directly from France. Their monthly expenditure includes $37,000 on ingredients and $3,200 rent for the storefront.

The couple's dream embraces sustainability and a keen focus on the community that nurtured their growth. "We want to make sure everything we do is sustainable and servicing the community that built us," affirms Ashley. This unique journey of Gautier and Ashley demonstrates the power of passion, determination, and a hearty helping of delicious mini croissants.

From Engineer to Entrepreneur

The incredible journey of Gautier Coiffard and his wife, Ashley is an inspiration to many. The duo, once secure in their mainstream jobs—an engineer and a mortgage industry professional, respectively—took a daring decision to create their brand of French pastries, known as 'L'Appartement 4F' in Brooklyn.

Overcoming Skepticism

Imagine the shock waves their decision to quit their full-time jobs might have created! Leaving behind the security of a fixed income to follow a dream is not a decision taken lightly.

Initial doubts from friends and family

Not surprisingly, their friends and family met their decision with initial skepticism. Starting and running your business is fraught with uncertainty, especially without previous entrepreneurial experience. Their leap of faith was seen as risky, and many questioned their decision.

Winning everyone over with their delicious pastries

But doubts soon vanished when their near and dear ones tasted the mini croissant cereals and pastries. The products were not just good; they were delicious enough to turn doubters into supporters. The quality and taste of their creations had everyone, including Gautier's initially skeptical mother, acknowledge the goodness of their products, thereby lending support to their venture.

Their once tiny in-home business erupted into a full-fledged bakery, earning the couple a decent monthly income of $128,000. The figures reveal a success story undoubtedly, but it wasn't always plain sailing. Originally operating out of their 479 sq. ft. apartment, the couple opened a storefront only when the business seemed sustainable and was charting steady growth.

Ashley Coiffard felt a keen sense of accomplishment upon opening the storefront. She said, "We want to ensure all our actions are sustainable and service the community that built us". The quote clearly shows that the heart of this enterprise is not just financial gain but building a sustainable business while serving and creating a sense of community.

Today, the couple spends about $37,000 monthly on ingredients sourced directly from France, ensuring the authentic taste of their products, along with rent expenses of $3,200 for the storefront. In spite of the significant expenses, the venture has made a name for itself and is yielding good returns. All thanks to the leap of faith to follow a dream.

From Apartment to Storefront

Talk about taking a leap of faith! Let's start by acknowledging the bravery of Gautier Coiffard, a 34-year-old engineer and his wife, Ashley, a 33-year-old mortgage industry professional, who both left secure careers to pursue their entrepreneurial dreams. The couple embarked on a risky but fulfilling journey - setting up an artisanal French bakery business, charmingly named 'L'Appartement 4F,' right out of their small 479 sq. ft. apartment in Brooklyn Heights.

Reaching $10,000 in Monthly Revenue

Their signature offering, a delightful mini croissant cereal, quickly won the hearts of New Yorkers. With growing popularity and promising sustainability, the couple's bakery reached an admiring milestone of generating $10,000 a month by April 2021. This significant accomplishment paved the way for the Coiffards to transition from their apartment to establishing their first storefront.

Finding a Retail Space in Brooklyn Heights

Ashley's recollection of their journey adds charm to their tale. She tells of a supportive community and pure serendipity, "It all kind of fell into place really quickly after we decided to get a retail space. A realtor reached out to us, and the Brooklyn Heights Association said, 'If you're looking for a space, the neighborhood really needs the bakery.' It happened all in the same week."

The Quick Growth of their Business

Since then, they have been serving not just pastries but a slice of the 'American Dream' right in the heart of Brooklyn. Sustainability plays a significant role in their operations, which is evident in their decision to source butter and chocolate directly from France, reflecting authentic tastes in every bite. Sure, it's their most significant expense, running to about $37,000 a month, but certainly a cornerstone of their credo.

The couple's plunge from steady jobs into the unpredictable world of entrepreneurship symbolizes courage and determination. With a clear vision, the Coiffards are indeed striding purposefully on their road to success!

The Cost of Authenticity

The Coiffards are driven by having a business that not only generates revenue but also serves the community and promotes sustainability. The pursuit of authenticity meant sourcing their key ingredients - butter and chocolate - directly from France.

Sourcing ingredients directly from France

This commitment to authenticity comes at a price. The Coiffards spend a hefty $37,000 per month to ensure that the quality of their French pastries is top-notch and consistent. According to the couple, the ingredients contribute significantly to the taste and make their mini croissant cereal and other pastries a hit amongst the community.

The expenses involved in running the bakery

Upon reaching $10,000 in monthly sales by April 2021, they opened their first storefront. Naturally, this expansion added to their expenses. With a monthly rent of $3,200, the couple's total expenditures for running their dream bakery rose further.

Despite all this, the Coiffards remained undeterred. Their passion for their bakery and the pursuit of the American Dream continued to fuel their entrepreneurial journey. And their hard work is reaping its rewards, attested by their growing popularity and stable monthly income of $128K.

As Gautier and Ashley Coiffard's story proves, dreams, when coupled with passion and hard work, can lead to outstanding results, often surpassing the comfort of a 9-to-5 job.

Confident about the viability of their growing business, the couple made a life-changing decision. Gautier bid farewell to his engineering profession despite earning an impressive annual salary of $105,000. Ashley followed suit, leaving her job at a mortgage firm. Although skeptical initially, their close ones were compelled to appreciate their bold move after tasting their high-quality pastries, including their signature mini croissant cereal.

Focusing on Sustainability and Community Service

For the dynamic duo running 'L'Appartement 4F,' their business's purpose goes beyond the commercial objectives. Ashley emphasizes the importance of sustainability and community service in their business model, stating, "We want to make sure everything we do is sustainable and servicing the community that built us."

Building a Business That Serves the Community

Having created a strong business based on principled values, the Coiffards continue their journey towards fulfilling their 'American Dream', serving delightful French pastries made with love and imported ingredients from France, all while focusing on sustainability and contributing towards their community.

While their story stands as a testament to the challenges and exhilaration and success of entrepreneurship, it also underscores the potential that lies in pursuing one's passions wholeheartedly.

Financial Success

A leap of faith coupled with hard work often defines the journey of many entrepreneurs. The story of Gautier Coiffard, a 34-year-old engineer, and his wife Ashley, a 33-year-old mortgage industry professional, is no different. After quitting their full-time jobs, they dedicated their time to their French bakery business named 'L'Appartement 4F', which they started from their apartment in Brooklyn. Today, they are reaping the benefits of their bold choice.

Raking in $128,000 in monthly revenue

From selling French pastries out of their 479 sq. ft. apartment, the Coiffards have reached a booming milestone. As of April 2021, their bakery's revenue soared to an impressive $10,000 a month. However, this success did not come without significant expenses. They spend approximately $37,000 on ingredients each month, sourced directly from France to create authentic tasting products, and an additional $3,200 on rent for the storefront.

Despite these hefty expenses, their passion for their craft and dedication to quality has paid off, allowing them to rake in an astonishing $128,000 in monthly revenue.

While these numbers are astounding, it's necessary to note that a significant part of their earnings goes back into running the business and ensuring the sustainability they are deeply committed to.

Lessons Learned

The entrepreneurial journey of Gautier and Ashley Coiffard, owners of the NYC French bakery 'L'Appartement 4F', is living proof of an inspiring transition from routine jobs to a thriving business.

Quitting their respective full-time jobs, an engineering career having a $105k annual income and a position in a mortgage firm, the couple decided to gamble on a dream – turning their passion for French pastries into a lucrative business.

With their popular signature item, mini croissant cereal, they are making about $128k a month, portraying a classic tale of daring dreamers taking a bold journey from the 479 sq. ft. apartment to a successful storefront venture.

Key takeaways from Gautier and Ashley's entrepreneurial journey

Passion and Quality: Gautier and Ashley's love for authentic French pastries is the heart of their business. Sourcing high-quality ingredients, including butter and chocolate, directly from France, the enterprise ensures the best taste and authenticity, even though they make a significant monthly investment of $37k for ingredients.

Adaptability and Community Engagement: When the opportunity presented itself, they swiftly moved their operations from their apartment to a storefront, following positive encouragement from a realtor and the Brooklyn Heights Association that reassured the neighborhood's genuine need for a bakery.

Financial Risks and Rewards: Leaving their jobs was a risky financial decision. Nevertheless, by April 2021, their determination was justified when their monthly revenue skyrocketed, reaching $10k.

Advice for aspiring business owners

Ashley Coiffard sums up their business essence beautifully by emphasizing sustainability and a sense of community. Thus, for all the aspiring entrepreneurs out there, it's evident that you can also aim to achieve the American Dream by aligning your business with your passion, investing in quality, adapting to new opportunities, and having a community or people-centric approach. Remember, the beginnings may be humble – even as small as a 479 sq. ft. apartment.

Conclusion

Turning dreams into reality requires passion, hard work, and a dash of courage. This is precisely what Gautier and Ashley Coiffard embodied when they decided to quit their jobs and focus on their French bakery business named L'Appartement 4F.

Transcending from engineering and mortgage industry professionals to successful entrepreneurs, they have been crafting delicious mini croissants and French pastries, earning $128,000 monthly - a glossy example of a successful transition from the corporate world to entrepreneurship.

L'Appartement 4F is a testament to passion-driven entrepreneurship and the formidable power of stepping outside comfort zones. The French bakery is much more than a hub of mouthwatering pastries or a successful business venture - it's a reminder that undying grit, determination, and the courage to embrace change can sculpt dreams into a fulfilling reality.

Details

Category
Manufacturing and Supply chain
Business Type
Food & Beverage

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