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Panera Bread franchise financing options

Compare costs, fees and where to get financing for a Panera Bread.

Overall costs for Panera Bread Bakery-Cafe run anywhere from $942,000 to $3,219,000. See how the costs break down and what funding options might be right for your new venture into the franchise foray.

Estimated initial costs

Our cost estimates are accurate as of 2021 from Franchise Direct and include opening fees and expenses only. The location you choose for your Panera Bread Bakery-Cafe franchise may result in higher or lower fees.

Franchise fees

Panera Bread Bakery-Cafe franchise fees total around $35,000, which beats out the $37,000 average for the 200 largest franchises nationwide.
Franchise Cost
Franchise fee $35,000 to $35,000
Royalty 5% of Net Sales.
Estimated total $35,000 to $35,000

Equipment fees

Equipment fees total $686,000 for Panera Bread Bakery-Cafe. This costs more than the $180,023 average for the top 200 franchises.
Equipment Cost
Equipment $308,000 to $452,000
Fixtures $48,000 to $154,000
Furniture $49,000 to $156,000
Smallwares $28,000 to $62,000
Signage $18,000 to $97,000
Estimated total $451,000 to $921,000

Real estate fees

Real estate will set you back $1,128,500 for Panera Bread Bakery-Cafe, which is more expensive than the average of $788,376 for the top 200 franchises.
Real estate Cost
Real property Varies to
Leasehold improvements $402,000 to $1,855,000
Site selection costs Panera's reasonable expenses, which are expected to range between $1,500 and $4,000.
Estimated total $402,000 to $1,855,000

Inventory costs

Initial inventory for Panera Bread Bakery-Cafe shakes out to $22,000. This is less than the nationwide average of $53,119.
Inventory Cost
Supplies and inventory $19,000 to $25,000
Estimated total $19,000 to $25,000

Administrative fees

Panera Bread Bakery-Cafe administrative fees total up to $209,000 — which comes in over the overall nationwide average of $6,761.
Admin Cost
Optional technology systems $0 to $172,000
Consultant fees $35,000 to $211,000
Audit Cost of audit, which is expected to range between $30,000 and $70,000 assuming the franchisee has maintained adequate books and records.
Estimated total $35,000 to $383,000
All costs were found using the 200 largest franchises nationwide using Franchise Direct's list of more than 300 franchises, and are accurate as of 2021.

How to finance

Since the estimated total for Panera Bread Bakery-Cafe is on the more costly side, we recommend following these steps to get fully financed:
  1. Go to the Panera Bread Bakery-Cafe franchising website and review its financial requirements, including cash-on-hand requirements.
  2. Reach out to Panera Bread Bakery-Cafe about in-house financing for franchisees.
  3. If in-house financing isn't available, look for online loans, bank loans and SBA loans to help meet the $2,080,500 estimated opening costs.
  4. Compare lenders based on amounts, interest rates and what types of personal and business credit history they accept.
  5. Once you settle on a lender, gather all required documents, including account statements and assets.
  6. Apply for financing online or in person as required by the lender.

What types of financing is available?

You have several options when it comes to financing a Panera Bread Bakery-Cafe — even if the cost is on the heavier side. What assets you have available will largely determine how much you need to borrow, and which option suits you best.
  • Online loan. A number of online business lenders offer amounts up to $1 million, with some extending up to $5 million.
  • Bank loan. Your personal credit will typically need to at least be good — 670 or higher — when it comes to getting a bank loan large enough to cover a significant portion of Panera Bread Bakery-Cafe opening costs.
  • SBA loan. While your personal credit score doesn't need to be as good to qualify for an SBA loan, they usually cost more than standard term loans from banks or online lenders.
Also check if Panera Bread Bakery-Cafe franchise financing is available. You may be able to get some of the costs covered for less than you would with other traditional funding options.

Compare small business lenders

You may not need financing to cover the estimated $942,000. But if you need funds for other business ventures, select the loan amount, your time in business and revenue and your personal credit score to compare a selection of lenders.
Name Product Filter Values Min. Amount Max. Amount Requirements
Biz2Credit business loans
$25,000
$250,000
6+ months in business; $150,000+ monthly revenue; 500+ credit score
Get only the capital you need through secure, prescreened lenders with this highly rated company offering SBA, expansion, working capital and other loans.
OnDeck short-term loans
$5,000
$250,000
600+ personal credit score, 1 year in business, $100,000+ annual revenue, active business checking account
A leading online business lender offering flexible financing at competitive fixed rates.
Fora Financial business loans
$5,000
$500,000
6+ months in business, $12,000+ monthly revenue, no open bankruptcies
Get qualified for funding in minutes for up to $500,000 without affecting your credit score. Best for companies with at least six figures in annual revenue.
Lendio business loans
$500
$5,000,000
Operate business in US or Canada, have a business bank account, 560+ personal credit score
Submit one simple application to potentially get offers from a network of over 300 legit business lenders.
ROK Financial business loans
$10,000
$5,000,000
Eligibility criteria 3+ months in business, $15,000+ in monthly gross sales or $180,000+ in annual sales
A connection service for all types of businesses — even startups.
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How Panera Bread Bakery-Cafe stacks up

Compare how Panera Bread Bakery-Cafe holds up against two similarly sized franchises.
5u00e0Sec Panera Bread Bakery-Cafe Naturhouse
Average Franchise fees NA $35,000 NA
Average Equipment fees NA $686,000 NA
Average Real estate fees NA $1,128,500 NA
Average Training fees NA NA NA
Average Inventory fees NA $22,000 NA
Average Marketing fees NA NA NA
Average Licenses and permits fees NA NA NA
Average Insurance fees NA NA NA
Average Admin fees NA $209,000 NA
Average Personnel fees NA NA NA
Average Other fees NA NA NA

Bottom line

Panera Bread Bakery-Cafe franchise costs run a total of $2,080,500. Before you decide to become a franchisee, compare the total costs against industry averages. And to learn more about financing read our guide to franchise financing.

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