T.J. Cinnamons vs Panera Bread/Saint Louis Bread Company Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of T.J. Cinnamons 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
 
T.J. Cinnamons Franchise
Panera Bread/Saint Louis Bread Company Franchise
Investment $22,100 - $39,200$1,010,985 - $2,252,846
Franchise Fee $5,000$35,000
Royalty Fee Varies5%
Advertising Fee --
Year Founded 19851987
Year Franchised 19851993
Term Of Agreement 10 years20 years
Term Of Agreement 10 years20 years
Renewal Fee Then-current franchise fee-


Business Experience Requirements
 
T.J. Cinnamons Franchise
Panera Bread/Saint Louis Bread Company Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills

    • *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
     
    T.J. Cinnamons 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
     
    T.J. Cinnamons Franchise
    Panera Bread/Saint Louis Bread Company Franchise
    Training Training program provided through manual-
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesNewsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
    Marketing Ad slicksCo-op advertising, Ad slicks, National media, Regional advertising
    Operations

    Absentee ownership of franchise is allowed.

    		 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
     
    T.J. Cinnamons Franchise
    Panera Bread/Saint Louis Bread Company Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About T.J. Cinnamons

    When Ted and Joyce Rice first started selling cinnamon rolls at state fairs and rodeos, they were just looking to make some extra money and add to their retirement fund. Yet the demand for their sticky product was so great they were forced to turn their parttime venture into a fulltime T.J. Cinnamons bakery in Kansas City. The company began franchising and grew to nearly 250 locations in the late 1980s. But by the mid-'90s a declining economy, lower traffic, and inexperienced operators left only 47 bakeries operating. Arby's parent company acquired the business in 1996 and has since revived the bakery concept to be an add-on business that can be combined with any existing restaurant.

    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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