Panera Bread/Saint Louis Bread Company vs Cinnamon City Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Panera Bread/Saint Louis Bread Company vs Cinnamon City including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$1,010,985 - $2,252,846 | $79,900 - $119,900 |
Franchise Fee |
$35,000 | $25,000 |
Royalty Fee |
5% | 6% |
Advertising Fee |
- | - |
Year Founded |
1987 | 1992 |
Year Franchised |
1993 | 1996 |
Term Of Agreement |
20 years | 5 years |
Term Of Agreement |
20 years | 5 years |
Renewal Fee |
- | - |
Business Experience Requirements |
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
| General business experience |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | No/No |
Start-up Costs |
No/No | No/No |
Equipment |
No/No | No/No |
Inventory |
No/No | No/No |
Receivables |
No/No | No/No |
Payroll |
No/No | No/No |
Training & Support |
Training |
- | - |
Support |
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations |
Marketing |
Co-op advertising, Ad slicks, National media, Regional advertising | Co-op advertising, Ad slicks, National media, Regional advertising |
Operations |
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) |
Number of employees needed to run franchised unit: 4
Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
US Expansion |
Yes | - |
Canada Expansion |
No | No |
International Expansion |
No | Yes |
Company Overviews
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.
#38 on Franchise Rankings.com
About Cinnamon City
Cinnamon City is an established franchise opportunity . . . with a difference! Our distinctive approach enables us to take our full range of irresistible, fresh-baked taste sensations to a whole new level of consumer appeal!
The aroma of fresh cinnamon rolls provide a cosy, welcoming haven in which to enjoy a few relaxing moments.
Cinnamon City's "Fresh to You" service reinforces our classic, country-kitchen personality and demonstrates the care and quality that goes into all of our fresh made taste temptations.
Headquartered in British Columbia, Cinnamon City is applauded by industry experts as one of the fastest growing franchises in Canada - and we affirm our national stature with an aggressive expansion strategy that promises equal recognition in the international community.
In addition to marketing established, positive-cash-flow sites in prime mall locations, we seek to develop new locations for a select group of strategic partners wishing to participate in this high-growth business opportunity.