Saint Cinnamon vs Panera Bread/Saint Louis Bread Company Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Saint Cinnamon vs Panera Bread/Saint Louis Bread Company including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Saint Cinnamon Franchise
Panera Bread/Saint Louis Bread Company Franchise
Investment $144,100 - $264,700$1,010,985 - $2,252,846
Franchise Fee $25,000$35,000
Royalty Fee 6%5%
Advertising Fee --
Year Founded 19861987
Year Franchised 19861993
Term Of Agreement 10 years maximum20 years
Term Of Agreement 10 years maximum20 years
Renewal Fee --


Business Experience Requirements

 
Saint Cinnamon Franchise
Panera Bread/Saint Louis Bread Company Franchise
Experience -

*Experience as a multi-unit restaurant operator *Recognition as a top restaurant operator *Net worth of $7.5 million *Liquid assets of $3 million *Infrastructure and resources to meet our development schedule *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


Financing Options

 
Saint Cinnamon Franchise
Panera Bread/Saint Louis Bread Company Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/NoNo/No
Start-up Costs No/NoNo/No
Equipment No/NoNo/No
Inventory No/NoNo/No
Receivables No/NoNo/No
Payroll No/NoNo/No

Training & Support

 
Saint Cinnamon Franchise
Panera Bread/Saint Louis Bread Company Franchise
Training --
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluationsNewsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing Co-op advertising, Ad slicks, Regional advertisingCo-op advertising, Ad slicks, National media, Regional advertising
Operations

Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 40 - 60

Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)


Expansion Plans

 
Saint Cinnamon Franchise
Panera Bread/Saint Louis Bread Company Franchise
US Expansion YesYes
Canada Expansion NoNo
International Expansion YesNo

Company Overviews

About Saint Cinnamon

The Saint Cinnamon brand was founded and created by Andy Winter.  Andy began his restaurant career in 1973 opening a new Deli franchise called Zeev's. Over the next few years Zeev's grew to over 10 locations and was very successful.  During a trip to the US, Andy had seen a new cinnamon bun franchise and was fascinated by the concept but thought he could do better. The US market was buzzing with excitement about the new cinnamon buns being baked everywhere. He loved the idea and decided that this was where he wanted to focus his attention. Upon his return he sold his interest in Zeev's to his partners so he could pursue his dream of developing a brand new Cinnamon Bun concept.
Wanting to create the best Cinnamon Bun in the market, Andy researched and sourced the finest ingredients available.  After countless hours baking, Andy developed special dough using Canadian Spring wheat flour. Sourcing the finest cinnamon in the world, he formulated the exclusive Saint cinnamon sugar blend and the Saint Cinnamon bun and brand was born.  Later he developed the most decadent cream cheese icing.

In 1986 the first Saint Cinnamon store opened in The Town & Country Mall, Toronto, Ontario, Canada.
Saint Cinnamon's cinnamon rolls which were baked in full view of the customers quickly became a big hit with Canadians and stores began opening in mall locations throughout Ontario.
As customers approached the Saint Cinnamon stores, the wonderful aroma of fresh baked cinnamon buns had a mesmerizing effect on people.  The thought of eating one was simply irresistible.
At that time, the food menu was strictly cinnamon rolls, complemented with an array of specialty coffees, teas, and cold beverages. Saint Cinnamon was rolling out a lot of stores and soon earned a world-wide reputation for baking and offering the finest cinnamon rolls around the globe.
Saint Cinnamon was awarded for being the fastest growing QRS in Canada from the Food Service and Hospitality magazine.  By 1990 it received numerous enquiries from abroad which resulted in the expansion into international markets.
Saint Cinnamon has grown into a franchise with locations in malls, office buildings, gas stations and convenience stores.  The menu was expanded to include crepes, wraps, sandwiches, and specialty cold beverages. The Saint Cinnamon model can fit a number of different possible retail, licensing, co-branding locations and special event venues.
Saint Cinnamon's specialty continues to be and will always be the baking of its amazing Saint Cinnamon Rolls.

About Panera Bread/Saint Louis Bread Company

After more than 17 years in the retail industry, Ken Rosenthal changed gears and founded Saint Louis Bread Co. in 1987. His goal was to create a neighborhood bakery where people could pick up fresh-baked bread, meals and snacks. In 1993, Rosenthal sold Saint Louis Bread to Au Bon Pain Co. Six years later, the company was renamed Panera Bread. The future growth of Panera Bread will be based upon company bakery-cafe development as well as the continued sale of franchise area development agreements. 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. Panera Bread franchises must be well-capitalized to open great bakery-cafes and meet this aggressive development schedule. Additionally, they must have a proven track record as excellent multi-unit restaurant operators to operate great Panera Bread bakery-cafes.

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