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Panera Bread - Saint Louis Bread Company Franchise Review

Panera Breads which are also named as Saint Louis Bread Company are basically a chain of bakery restaurants in United States which serves an assortment of bakery items, breads, sandwiches, soups, salads and much more.

Louis Kane and Ron Shaich are the founders of the company, starting in the 1990s and today they are one of the major players and operators in its industry of bakery restaurants. It was the year 1993 when Saint Louis Bread Company was taken over or purchased by Au Bon Pain Company. At that time they had around 20 bakery-cafes.

Au Bon Pain Company than started developing and working on Saint Louis Bread Company franchise, which helped them to increase their sales by almost 75 percent by the year 1997. In 1997 the name of Saint Louis Bread Company was changed to Panera Bread. Around 1999 all other group companies of Au Bon Pain Company were sold off apart from Panera Bread. And in 2008 Panera Bread abtained their major share in Paradise Bakers.

Though apart from usual selling of bakery items Panera Breads also runs a Bakery - Café. They use only fresh breads and other products. Apart from taste, service, quality and freshness of the food served, one of the reasons Panera Bread is receiving such a loyal number of customers is reliability. Whenever it is a matter of food it is very crucial to select the right place, and Panera Bread fits that bill.

Franchise Cost:

• Liquid assets of $3,000,000 • Net worth of $7,500,000. • Total investment per unit will run between $1,010,985 and $2,252,846 (excluding real estate and related costs, and landlord allowances).

Criteria: • Prior experience as a recognized multi-unit restaurant operator with a proven record of accomplishment. • Real estate experience in the market to be developed, • Total commitment to the development of the Panera Bread brand, cultural fit, and a passion for fresh bread. • Multi-week training provides the franchisee with a proven formula for success.

Panera Bread franchise is looking for individuals with the ability to expand rapidly and does not sell single-unit franchises, so it is not possible to open just one bakery-cafe.