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

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

Start-Up Costs and Fees
 
Panera Bread/Saint Louis Bread Company Franchise
Bread Basket Franchise
Investment $1,010,985 - $2,252,846$172,400 - $294,450
Franchise Fee $35,000$20,000
Royalty Fee 5%-
Advertising Fee --
Year Founded 19871989
Year Franchised 1993-
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements
 
Panera Bread/Saint Louis Bread Company Franchise
Bread Basket 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

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Financing Options
 
Panera Bread/Saint Louis Bread Company Franchise
Bread Basket Franchise
  In-House/3rd PartyIn-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
 
Panera Bread/Saint Louis Bread Company Franchise
Bread Basket Franchise
Training --
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations-
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)

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Expansion Plans
 
Panera Bread/Saint Louis Bread Company Franchise
Bread Basket Franchise
US Expansion Yes-
Canada Expansion No-
International Expansion No-

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.

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About Bread Basket

NO LONGER FRANCHISING

Our wicker bin of crisp prepared breads and biscuits have permitted us to end up distinctly both a pastry shop and blessing shop! We realized that Franchising was a genuine stride and would include a profound level of responsibility on our part. We needed to give our Franchisees a similar quality item and administration that we have constantly given our clients. In any case, we doubted ourselves - Was our product offering sufficient? Was our arrangement of operation sound? Did we have enough involvement in the business to guide and support our Franchisees? Again and again, the answer was "yes"! We were prepared to go! Presently the question is - ..would you say you are? We will give you the formula for a quality item and the elements for remarkable client benefit; it will be your business to heat up an effective Bread Basket Franchise! We welcome you to apply today.

Our crate of crisp heated breads and biscuits have permitted us to end up distinctly both a pastry kitchen and blessing shop! We realized that Franchising was a genuine stride and would include a profound level of duty on our part. We needed to give our Franchisees a similar quality item and administration that we have constantly given our clients. Be that as it may, we doubted ourselves - Was our product offering adequate? Was our arrangement of operation sound? Did we have enough involvement in the business to guide and support our Franchisees? Again and again, the answer was "yes"! We were prepared to go! Presently the question is - ..would you say you are? We will give you the formula for a quality item and the elements for exceptional client benefit; it will be your business to heat up an effective Bread Basket Franchise! We welcome you to apply today.

"We feel extremely sure we can educate the procedure as we probably am aware it, and that the open door exists for it to end up distinctly fruitful."