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Below is an in-depth analysis and side-by-side comparison of Panera Bread/Saint Louis Bread Company vs Baldinos Giant Jersey Subs including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $1,010,985 - $2,252,846 | $100,000 - $200,000 |
Franchise Fee | $35,000 | $10,000 |
Royalty Fee | 5% | 4.5% |
Advertising Fee | - | 0.5% |
Year Founded | 1987 | 1975 |
Year Franchised | 1993 | 1984 |
Term Of Agreement | 20 years | 15 years +10 |
Term Of Agreement | 20 years | 15 years +10 |
Renewal Fee | - | - |
Business Experience Requirements |
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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 |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | Headquarters 4 Weeks |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Central Purchasing: Included in Fees
Field Operation Evaluation: Included in Fees
Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline |
Marketing | 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) | Average Number of Employees: 8 Full-time, 12 Part-time Passive Ownership: Not Allowed |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
Anyone who has ever been to New Jersey knows how a real Jersey Sub should taste. And it's that taste that has kept so many hungry people coming back again and again to Baldino's. We have offered that same great taste in our subs since the day we opened. From our classic flattop style grilling, to the freshest ingredients all stuffed into a terrific Italian roll, Baldino's tradition continues to grow with the same great taste and quality that inspired our first Fayetteville location over 35 years ago.
Now with more than 20 locations throughout North Carolina and Georgia, the Baldino's traditions continues with an ever-expanding line-upof new, fresh sandwiches, great sides and drinks to keep you coming back again and again.
The proprietors of the Fayetteville area Baldinos, the Pappas family, would like to extend our deepest gratitude for your continued support. If there is anything we can do to make your experience more enjoyable , please let us know. And if you're one of our racing fans, please tell a friend!