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Panera Bread Company
Founded in Saint Louis in 1987, SAINT LOUIS BREAD has expanded into new markets over the past few years, with strong consumer acceptance for its unique concept. Each SAINT LOUIS BREAD bakery-cafe features a comfortable neighborhood setting where residents can relax and enjoy a wide range of fresh-baked sourdough breads, along with other fresh-baked goods, bagels and hearty made-to-order sandwiches, salads and soups.
Franchisor Background
Year Established:
1987
Franchising Since:
1993
Operating Units:
Franchised Units:
746
56.9%
Company-Owned Units:
564
43.1%
______
_____
Total Operating Units:
1,310
100%
Geographic Distribution:
U.S.:
1,310
100%
In 14 States
Canada:
0
0%
In 0 Canadian Provinces
International:
0
0%
In 0 Foreign Countries
______
_____
Total:
1,310
100%
North America:
States/Provinces with the largest number of operating units:
Density
Units
1. Missouri
36
2. Illinois
25
3. Georgia
8
Registered in Following Registration States:
California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia
Financial Requirements
Investment:
Minimum Net Worth:
$3MM
Cash Investment:
$135-165K
Total Investment:
$550-650K
Average Total Investment:
$600K
Fees:
Initial Franchise Fee:
$35K
Average Franchise Fee:
$35K
On-Going Royalty:
5%
Average Royalty:
5%
Advertising Fee:
Up to 5%
Average Number of Employees:
17 Full-time, 17 Part-time
Space Needs (in square footage):
3,500
Preferred Sites:
Free-standing Building, Storefront, Strip Center, Regional Mall
