Panera Bread/Saint Louis Bread Company vs Cinnaholic Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Panera Bread/Saint Louis Bread Company vs Cinnaholic 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 | $178,000 - $308,500 |
Franchise Fee |
$35,000 | $35,000 |
Royalty Fee |
5% | 5% |
Advertising Fee |
- | 2% |
Year Founded |
1987 | 2010 |
Year Franchised |
1993 | 2014 |
Term Of Agreement |
20 years | - |
Term Of Agreement |
20 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
| - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | -/Yes |
Start-up Costs |
No/No | -/Yes |
Equipment |
No/No | -/Yes |
Inventory |
No/No | -/Yes |
Receivables |
No/No | -/Yes |
Payroll |
No/No | -/Yes |
Training & Support |
Training |
- |
On-The-Job Training: 40 hours+
Classroom Training: Varies
|
Support |
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Purchasing Co-ops
Newsletter
Meetings/Conventions
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
|
Marketing |
Co-op advertising, Ad slicks, National media, Regional advertising | Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
Loyalty program/app
|
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) | Absentee Ownership Allowed
Number of Employees Required to Run: 4 - 10 |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
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 Cinnaholic
Join one of the fastest growing bakery franchises!
We’re not your typical dessert shop. Cinnaholic exploded onto the scene in 2010 with our award-winning, gourmet cinnamon rolls. We believe in serving fresh, scratch-made cinnamon rolls and other bakery products that meet the growing consumer demand for non-traditional, plant-based food alternatives. All our products are 100% dairy and lactose-free, egg-free and cholesterol-free.Our product is a craft of love, passion and dedication. When you open a Cinnaholic franchise, you become part of the Cinnaholic family. Our franchise partners benefit from a flexible business model, relatively low operating costs and high-quality, delicious products that consumers come back for time and time again. Cinnaholic was named to Entrepreneur Magazine’s Franchise 500® list in 2019, and a Top New Franchise in 2018! We appeared on ABC’s Shark Tank and ABC News, and in countless business, financial and trade publications.
Are you ready to trade in your desk job for a chance to make people smile and make mouths water?
Come join us!
Veteran Incentives 20% off franchise fee
#477 in Franchise 500 for 2020.