How to open the Panera Bread franchise?
- Ensure you have adequate capitalization. ...
- Appreciate the investment required for a bakery-cafes franchise. ...
- Evaluate your prior experience and strengths. ...
- Assess market availability. ...
- Submit your application. ...
- Receive approval & opening your Panera Bread franchise. ...
Full Answer
What does it take to become a Panera Bread franchisee?
This requires prospect franchisees to become a franchise developer. All Panera Bread franchise developers open multiple units. On average, a Panera franchise owner opens 15 bakery-cafes within six years. Franchisee applicants must meet the following criteria qualifications from the company’s website to be considered:
What is the future growth of Panera Bread?
The future growth of Panera Bread will be based upon company bakery-cafe development as well as the continued scale of franchise area development agreements. Panera Bread does not sell single-unit franchises, so it is not possible to open just one bakery-cafe.
What is the philosophy of Panera Bread franchise?
The philosophy of Panera Bread franchise is to sell fresh food in a friendly atmosphere of cafes. The menu of our cafes include panni sandwiches and bread baked from whole grain and seasonal flavors, dishes with meat of animals grown without antibiotics and other healthy food.
Who is the founder of Panera Bread?
The company first began as Au Bon Pain Co. Inc, in 1981 with its first location in Kirkwood, MO. The franchise was founded by Louis Kane and Ron Shaich. Shaich has remained at the center of business operations for Panera as the company’s Founder, Chairman, and CEO.
See more
How much does it cost to buy a Panera franchise?
Panera Bread Franchise Cost / Initial Investment / Panera Bread 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.
Are Panera's independently owned?
Panera Bread operates both company-owned and franchised restaurants that they refer to as cafés.
Does Panera Bread have franchises?
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 is the most profitable franchise?
Top 14 Most Profitable FranchisesMcDonald's. Units in operation: 39,360. ... Dunkin Donuts. Units in operation: 12,800. ... Taco Bell. Units in operation 12,800. ... Subway Franchise. Offers Financing: Yes. ... Anytime Fitness Franchise. Units in operation: 4,904. ... Sonic. Royalty: 2.5% - 5.0% ... Planet Fitness. Royalty 7.0% ... Orangetheory Fitness.More items...
Who owns the most Panera?
the Covelli familyInstead, the Covelli family moved to Panera Bread franchises and is now the largest franchisee of the brand with over 300 locations in 8 states.
Is Panera owned by Mcdonalds?
Offerings include bakery items, pasta, salads, sandwiches, soups, and specialty drinks. As of 2020, the menu also includes flatbread pizzas. The company, which also owns Au Bon Pain, is owned by JAB Holding Company which is, in turn, owned by the Reimann family of Germany.
How much does a Panera operating partner make?
$158,010. The estimated total pay for a Operating Partner at Panera Bread is $158,010 per year.
How much do franchise store owners make?
The Numbers When researchers accounted for the inflations caused by the few top franchises, it was established that the average annual income of 51 percent of franchisees is less than 50,000 dollars. The study also found that only 7 percent of franchise owners earn over 250,000 dollars a year.
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.
Can a franchise make you rich?
The bottom line is that while a franchise can make you independently wealthy, it isn't a guarantee. Choosing the right business in the right industry, and going in with preexisting entrepreneurial experience and/or existing wealth can help, but your income-generating potential may still be somewhat limited.
Which franchise is the cheapest to own?
12 best low-cost franchises for aspiring business ownersCruise Planners. Franchise fee: $10,995. ... Fit4Mom. Franchise fee: $5,495 to $10,495. ... Chem-Dry. Franchise fee: $23,500. ... Jazzercise. Franchise fee: $1,250. ... Stratus Building Solutions. ... SuperGlass Windshield Repair. ... Mosquito Squad. ... Pillar to Post Home Inspectors.More items...•
What is the #1 franchise?
Top 100 Franchises 2022RankNameCountry1KFCUnited States of America27-ElevenUnited States of America3McDonald'sUnited States of America4Marriott InternationalUnited States of America16 more rows
Who owns Panera Bread Company?
JAB Holding CompanyPret Panera I G.P.Panera Bread/Parent organizations
Who owns Panera brands?
JAB Holdings, which is the current owner of Panera Brands, has agreed to make an investment in shares of Panera stock equal to the amount of any redemptions of HUGS shares.
How many Panera Bread locations are company owned?
In 2015, there were 901 company-owned Panera Bread bakery-cafes in North America. Panera Bread Company is a bakery-cafe restaurant chain in the United States and Canada....Number of Panera Bread bakery-cafes from 2009 to 2016.CharacteristicCompany-ownedFranchise-operated---7 more rows•Mar 7, 2018
Does each Panera make their own bread?
10. All That Delicious Bread is Baked Fresh Daily. Panera employs over 6,000 bakers who make more than 250 million bagels and 50 million baguettes each year. Every night, fresh dough is delivered to all Panera locations from Fresh Dough Facilities across the country.
How long does Panera Bread last?
Panera Bread sells marketing regions to franchise owners, working with franchisees to open a series of its bakery-cafes—typically 15—over a period of 6 years.
How much does it cost to franchise Panera Bread?
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 many Panera Bread locations are there?
Today, Panera Bread oversees 1,453 locations nationwide, all franchise-owned and operated, in addition to 17 facilities that bake and deliver fresh dough to the bakery-café locations every day.
What is Jon Smith Subs?
Jon Smith Subs is a FRESH new opportunity with a track record for success, serving high quality subs, right off the grill, overstuffed and piled high with the freshest ingredients, since 1988.
When did Panera Bread change its name?
Panera Bread was originally the Au Bon Pain Co., which purchased the St. Louis Bread Company in 1993 as its headquarters, then changed the company name to Panera Bread and began a nationwide expansion. The St. Louis Bread Company retains its brand name.
How many Dickey's locations are there?
Dickey's is the largest Barbecue franchise in the world and is an award winning brand. With over 500 locations in 43 states as well international locations, their smokin' franchise has been treating guests to great tasting barbecue since 1941. No restaurant experience needed, total training and support provided.
Is Panera Bread a franchise?
With its carefully crafted reputation for health food served up fast, combined with warm, comfortable surroundings, Panera Bread has become one of the fastest-growing franchise brands in America. Its menu, with savory baked breads, soufflés and sweets, as well as a full offering of café fare, including Panini sandwiches, hand-tossed salads, ...
How much Do Panera Bread Franchise Owners Make?
This requires prospect franchisees to become a franchise developer. All Panera Bread franchise developers open multiple units. On average, a Panera franchise owner opens 15 bakery-cafes within six years.
Why did Panera Bread start taking off?
Around the time Panera Bread’s franchise starting taking off was when many Americans realized that the country’s food system needed to be fixed. The foods Americans were consuming were packed full of chemicals, animals being eaten were inhumanely slaughtered, and people were growing sick of it. An unhealthy food system also means more emissions and a heavier carbon footprint.
How much does Panera bread make?
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.
What is splash and dash?
Just like Panera Bread, passion is at the cultural roots of Splash and Dash Groomerie & Boutique—a pet salon and retail store. Instead of a passion for healthy fresh bread, Splash and Dash shop owners are passionate about pets. The company believes in a synergy between providing for animals and savvy business practices.
When did Panera Bread buy Paradise?
The franchise made another huge business move in 2007 when Panera Bread purchased a majority stake in Paradise Bakery & Cafe assuming over 70 locations in 10 states centered in the west and southwest around the Phoenix-based concept.
When did Panera Bread change its name?
What was soon-to-be-called Panera bread was rising to the ambition of becoming one of the leading brands in America. Two years later, the company sold all AU Bon Pain., INC’s business units while retaining the Panera Bread franchise in 1999. The company officially renamed to Panera Bread and the transition was complete.
Which restaurant was the first to post calories on their menu boards?
This was unheard of at the time—before many restaurants jumped on the nutritional bandwagon. The Panera Bread franchise was also the first restaurant to post calorie information on their menu boards exercising company values of transparency.
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.
Panera Franchisee Owners List
Access our annually updated contact data for list Panera Bread franchise owners. Contains phone number, address and name of each Panera franchisee.
Contact Panera Bread Franchise Owners
One of the best ways to thoroughly research a franchise or business opportunity investment before purchasing one is to get feedback from current and former franchisees involved in the franchise system.
