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Panera Bread franchise financing options
Compare costs, fees and where to get financing for a Panera Bread.
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 feesPanera Bread Bakery-Cafe franchise fees total around $35,000, which beats out the $37,000 average for the 200 largest franchises nationwide.
|Franchise fee||$35,000 to $35,000|
|Royalty||5% of Net Sales.|
|Estimated total||$35,000 to $35,000|
Equipment feesEquipment fees total $686,000 for Panera Bread Bakery-Cafe. This costs more than the $180,023 average for the top 200 franchises.
|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 feesReal 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 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 costsInitial inventory for Panera Bread Bakery-Cafe shakes out to $22,000. This is less than the nationwide average of $53,119.
|Supplies and inventory||$19,000 to $25,000|
|Estimated total||$19,000 to $25,000|
Administrative feesPanera Bread Bakery-Cafe administrative fees total up to $209,000 — which comes in over the overall nationwide average of $6,761.
|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|
How to financeSince the estimated total for Panera Bread Bakery-Cafe is on the more costly side, we recommend following these steps to get fully financed:
- Go to the Panera Bread Bakery-Cafe franchising website and review its financial requirements, including cash-on-hand requirements.
- Reach out to Panera Bread Bakery-Cafe about in-house financing for franchisees.
- 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.
- Compare lenders based on amounts, interest rates and what types of personal and business credit history they accept.
- Once you settle on a lender, gather all required documents, including account statements and assets.
- 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.
Compare small business lendersYou 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.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
How Panera Bread Bakery-Cafe stacks upCompare 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 linePanera 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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