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Updated RecentlyPanera Bread/Saint Louis Bread Company vs Insomnia Cookies Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Panera Bread/Saint Louis Bread Company vs Insomnia Cookies 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 | $65,600 - $111,400 |
| Franchise Fee | $35,000 | $25,000 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | - | - |
| Year Founded | 1987 | 2002 |
| Year Franchised | 1993 | 2006 |
| Term Of Agreement | 20 years | - |
| Term Of Agreement | 20 years | - |
| 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 | 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 |
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| 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) | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Panera Bread/Saint Louis Bread Company
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About Insomnia Cookies
NO LONGER FRANCHISING
Insomnia Cookies is expanding! We have expanded into numerous new markets in the last few years and are looking for qualified franchisees to help grow with our collegiate brand. Our franchisees are our partners and will be provided with the direct support of our core executive team. We pride ourselves on close communication with our partners and will work diligently to extend our knowledge and support to our franchised locations.
Insomnia Cookies is a quickly extending late-night bread kitchen idea with workplaces in both New York and Philadelphia. Established in a school apartment in 2003 at the University of Pennsylvania, by then understudy, Seth Berkowitz, Insomnia Cookies has been nourishing the unquenchable yearning of its fans from that point onward. The organization represents considerable authority in conveying warm, delightful treats ideal to the entryways of people and organizations alike. Whether you're nourishing a desire or a group, Insomnia Cookies' offerings of treats, brownies, treat cakes, frozen yogurt and even chilly drain, has you secured.