How much can you make owning a Panera Bread franchise?
The Panera Bread franchise system requires liquid assets of $3,000,000 and a net worth of $7,500,000. Your total investment per unit will run between $1,010,985 and $2,252,846 (excluding real estate and related costs, and landlord allowances). If you do have $3,000,000 in cash available, (lucky you) please read on...
How much does Panera pay?
Tell us about you and get an estimated calculation of how much you should be earning and insight into your career options. How much does Panera Bread in the United States pay? Average Panera Bread hourly pay ranges from approximately $9.59 per hour for Fast Food Attendant to $20.01 per hour for General Assistant.
How much do Panera managers make?
How much does a manager at Panera make? Panera Bread Salary FAQs How does the salary as a Manager at Panera Bread compare with the base salary range for this job? The average salary for a Manager is $80,196 per year in United States, which is 75% higher than the average Panera Bread salary of $45,718 per year for this job.
Is Panera Bread worth the money?
While Panera Bread is certainly a healthier option than a burger and fries, for the most part, there are some menu items that are better left unordered. Unfortunately, this applies to some fan-favorite menu items from Panera that you might not expect.
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Who owns the most Panera Bread franchises?
Covelli Enterprises is the single largest franchisee of Panera Bread with nearly 300 stores in Ohio, Pennsylvania, West Virginia, and Florida.
How much is a Panera franchise?
The Panera Bread initial franchise fee is $35,000, with the total investment required to become a Panera Bread franchise owner between $942,000 and $1.6 million.
How much does a Panera owner make?
Panera's aggressive development plans calls for seasoned franchise owners with a hefty price tag. But the payout could make it all worth it. Forbes Business Magazine published an article stating that the average Panera bread makes $2.47 million annually.
Are Panera's franchised?
Panera Bread does not sell single-unit franchises, so it is not possible to open just one bakery-cafe. Rather, we have chosen to develop by selling market areas which require the franchise developer to open a number of units, typically 15 bakery-cafes in a period of 6 years.
What franchise is the most profitable?
Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•
What is the cost of a Starbucks franchise?
What are the Financial requirements for a Starbucks licensed store? You need to pay the licensing fee of between $50,000 – $315,000 and you must have over $1,000,000 in liquid assets to be considered for a licensed store by Starbucks.
How profitable is owning a franchise?
Buying a franchise might seem like easy money, but those royalties and fees will quickly cut into profit margins. The majority of franchise owners earn less than $50,000 per year.
How do franchise owners get paid?
How do franchise owners get paid? Franchise owners can pay themselves a salary or depending on their business entity, they may be able to take a draw from their accumulated equity.
How much does a Popeyes franchise owner make a year?
How Much Profit Does Popeyes Franchise Make Per Year? The average operating profits per store was $312,782 according to the Popeyes FDD (franchise disclosure document). This number reflects the profit before taking tax, fees, and interest on debt into consideration.
Are Panera's independently owned?
Panera Bread operates both company-owned and franchised restaurants that they refer to as cafés.
Who owns Panera Bread?
JAB Holding CompanyPret Panera I G.P.Panera Bread/Parent organizations
What is the cost of McDonald's franchise?
Documents- ID cards, lease documents, etc. Franchise Investment Cost- In India, if anyone wants to start a McDonald's franchise in India, then their net worth should be between INR 10 to 15 Crore. Also, assets worth INR 5 Crore should be in the form of cash or liquid assets.
What is the cost of McDonald's franchise?
Documents- ID cards, lease documents, etc. Franchise Investment Cost- In India, if anyone wants to start a McDonald's franchise in India, then their net worth should be between INR 10 to 15 Crore. Also, assets worth INR 5 Crore should be in the form of cash or liquid assets.
Who owns Panera?
JAB Holding CompanyPret Panera I G.P.Panera Bread/Parent organizations
How much money do you need to open a Chipotle franchise?
Estimated Chipotle Franchise CostType of ExpenditureEstimated AmountLowHighChipotle Franchise Fee (if they franchised)$20,000$25,000Real Estate Purchase or Lease(may vary substantially based upon the location)Site Preparation and Completion Costs$150,000$400,00011 more rows•Jul 19, 2022
Is Starbucks a franchise?
Starbucks Coffee doesn't franchise. Even though franchising is a classic, successful growth strategy for myriad beloved, familiar brands, Starbucks does not grant franchises. It's not because franchising isn't a time-tested model for growth. Many companies offer franchises.
How many states does Panera Bread have?
Based on 2016 FDD data, Panera Bread has franchise locations in 39 states. The largest region is the South with 399 franchise locations.
How many franchise locations do they have?
As of the 2016 Franchise Disclosure Document, there are 1112 franchised Panera Bread locations in the USA.
What is Panera Bread?
Panera Bread Bakery-Cafes specialize in the retail sale of fresh bakery goods, sandwiches, soups, salads, and custom-roasted coffees.
What is franchise grade?
Franchise Grade is dedicated to providing research and education that can help you make confident franchise investment decisions.
Who bought Panera?
On July 18, 2017, JAB Holding Company acquired the company for $7.16 billion. On November 8, 2017, Panera announced that founder Ron Shaich was stepping down as CEO, and company president Blaine Hurst would take over. Shaich remained chairman. The company also announced the acquisition of Au Bon Pain.
How much did Panera order in 2017?
In 2017, digital orders accounted for over $1 billion in orders, or 26% of sales. In June 2014, Panera unveiled its official Food Policy which detailed commitments to clean ingredients, transparency, and a positive impact on the food system.
What is the Panera lawsuit?
In March 2019, a class action lawsuit was filed by Plaintiff Brianna Tabler in California, accusing Panera of false advertising and fraud. While Panera's former CEO Ron Schaich claimed that Panera's menus continue to be completely void of artificial flavors, sweeteners, and ingredients, Tabler argues against the company's intentional redaction of the fact that their products contain traces of the synthetic biocide glyphosate. In October 2019, Judge Lucy Koh granted a motion to dismiss the lawsuit. Tabler filed an amended complaint in November 2019, to which Panera filed in January 2020 another motion to dismiss.
How many customers did Panera Bread leak?
On April 2, 2018, Brian Krebs reported that the Panera Bread website had leaked between 7 million and 37 million customer records — including names, email and physical addresses, customer loyalty account numbers, birthdays, and the last four digits of the customers' credit card numbers — for at least eight months before the site was taken offline. Panera was notified privately about the vulnerability in August 2017 but failed to fix it until after it was disclosed publicly eight months later. Panera said the leak affected fewer than 10,000 customers and had been fixed.
How much did Panera pay to settle a class action lawsuit?
Panera paid $5 million to settle all claims and denied any wrongdoing.
What is Panera 2.0?
In May 2014, Panera unveiled "Panera 2.0", a series of integrated technologies including new capabilities for digital ordering, payment, operations, and ultimately, consumption. It includes tablet kiosks with iPads, which the company calls Fast Lane, where customers may place an order and pay without approaching the counter. Customers can also place orders and pay via an app on their smartphone or tablet. In 2017, digital orders accounted for over $1 billion in orders, or 26% of sales.
Where is Panera Bread located?
Its headquarters are in Sunset Hills, Missouri, a suburb of St. Louis.
Does Panera Franchise?
Panera Bread operates both company-owned and franchised restaurants that they refer to as cafés. In 2015 the company surpassed 2,000 total cafés, with approximately half of these being a Panera franchise. However, Panera Bread does not sell single unit franchises.
About the Author - Matt Alden
Online lead gen pioneer/innovator @ Franchise.com Network. Small biz leader/operator, drummer, hockey fan, and saltwater enthusiast.
How many Panera Bread locations are there in the United States in 2022?
There are 2,149 Panera Bread locations in the United States as of February 01, 2022. The state with the most number of Panera Bread locations in the US is Florida, with 190 locations, which is 8% of all Panera Bread locations in America.
How many states have no Panera Bread?
There are 7 US States and Territories without any Panera Bread locations.
What is the default format for Panera Bread POI?
CSV is our default format for all datasets. Please Contact Us if you need Panera Bread POI data in Esri Shapefile, Excel, GeoJSON, KML (Google Earth) or any other custom format.
How many Panera Locations are there in the US?
There are a total of 2,144 Panera Bread Location in the US. Panera Bread operates in 48 states and 1,264 cities.
How many locations does Panera Bread have?
Panera Bread has more than 2000 locations. Its headquarters in Sunset Hills, Missouri. More than 52000 employees are working at Panera Bread. Web Scrape gives here a map that shows the Panera Bread Locations in the USA. with the help of this map will come to know how many Panera Bread Locations in the USA.
What is Panera Bread?
Panera Bread provides fast food across the 48 states. It provides a Bakery-Cafe. In the Panera menu, lots of variety of bread, pastries, cold sandwiches, pasta, lemonade, hot panini, salads, soups, coffee, and teas are included.
Is Panera Bread a hotspot?
Panera Bread is the largest Wi-Fi hotspot provider in the United States. Panera Bread provides online service and home delivery also. It provides a lot of offers on its delivery. You can find Panera Bread Location, Panera Locations near me, Panera Bread Location near your area on the Panera Bread website.
Overview
Panera Bread Company is an American chain store of bakery-café fast casual restaurants with over 2,000 locations, all of which are in the United States and Canada. Its headquarters are in Sunset Hills, Missouri.
The company operates as Saint Louis Bread Company in the Greater St. Louis area, where it has over 100 locations. Offerings include bakery items, pasta, sa…
History
Ken and Linda Rosenthal founded The St. Louis Bread Company in 1987 with the first location in Kirkwood, Missouri. The Rosenthals invested $150,000 and received a $150,000 Small Business Administration loan.
Au Bon Pain Co., a public company, purchased the St. Louis Bread Company in 1993 for $23 million.
Expansion into Canada
In October 2008, Panera Bread expanded into Canada, opening locations in Richmond Hill, Thornhill, Oakville, and Mississauga in the Greater Toronto Area.
In November 2010, Panera Bread relocated its headquarters to Sunset Hills while vacating its Richmond Heights headquarters and Brentwood, Missouri offices. The company leased additional space for its headquarters in 2013.
Ordering
In May 2014, Panera unveiled "Panera 2.0", a series of integrated technologies including new capabilities for digital ordering, payment, operations, and ultimately, consumption. It includes tablet kiosks with iPads, which the company calls Fast Lane, where customers may place an order and pay without approaching the counter. Customers can also place orders and pay via an app on their smartphone or tablet. In 2017, digital orders accounted for over $1 billion in orders, or 26% …
Policies
Panera unveiled its official Food Policy in June 2014, which detailed commitments to clean ingredients, transparency, and a positive impact on the food system. This policy outlines the company's values and sets a course for continuous improvement. Panera also made a commitment to remove artificial additives (colors, flavors, sweeteners, and preservatives) on its "No No List" from the food in its US bakery-cafes by the end of 2016.
Rebranding, acquisitions, and use of technology
Paradise Bakery & Café locations were rebranded in September 2015 as Panera Bread.
In the fourth quarter of 2015, Panera acquired a majority stake in Tatte Bakery & Cafe, a bakery-cafe concept chain with locations in the Boston area, later opening in metro Washington D.C.
On March 23, 2016, Panera opened its 2,000th location, a cafe in Elyria, Ohio.
In January 2017, Panera announced its food menu was free of artificial colors, flavors, sweetene…
Delivery services
The company introduced delivery services in May 2018, servicing 897 cities in 43 states, employing its own drivers. According to the company, this created 13,000 jobs.
On October 28, 2020, Panera announced they would add pizza to their menu to increase dinner options for customers.
Panera announced on August 25, 2021, that it had merged with Caribou Coffee and Einstein Bros. …
Social responsibility
In 2010, the company's nonprofit foundation created Panera Cares, a "Pay what you can" restaurant in its home market of St. Louis. CEO Ron Shaich based the idea on an NBC profile of the SAME Cafe in Denver, Colorado. It later expanded the concept to Dearborn, Michigan; Portland, Oregon; Chicago; and Boston. Several of their sites served 3,500 customers weekly. The Panera Cares in Chicago shut down at the end of January 2015. The Panera Cares in Portland, Oregon s…