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The Database/COFFEE

Panera Bread

EST. 1987 · St. Louis, Missouri

+ CompareFDD notes
US UNITS2,020+1.3% YOY
GLOBAL UNITS2,100
AUV (US)$2.7M
INVESTMENT RANGE$984K–$2.2M
FRANCHISED %55%

01The Read

Fast-casual bakery-café chain offering soups, salads, and sandwiches

FIG 1 — US UNIT COUNT, 2019–2025
1,882
2019
1,924
2020
1,971
2021
1,957
2022
1,966
2023
1,994
2024
2,020
2025

SOURCE: QSR PRO ESTIMATES

02Our Coverage

6 STORIES
Panera's Energy Drink Comeback Is a Bet on Menu CredibilityMAR 24, 2026Biometric Drive-Thru Payment Arrives: Facial Recognition and Palm Scanning Reshape QSR CheckoutMAR 24, 2026The Kiosk Takeover: 80% of QSRs Now Run Self-Service and the Counter Will Never Be the SameMAR 24, 2026The GLP-1 Effect: How Weight Loss Drugs Are Reshaping Fast Food DemandMAR 20, 2026The Death of the Dining Room: Why QSR Is Going Drive-Thru OnlyMAR 20, 2026The QSR App Wars: Who Wins the Mobile Order BattleMAR 20, 2026
FDD Fact Sheet · 2025
FRANCHISE FEE
$35K
ROYALTY
5%
AD FUND
—
TERM
10 YRS
LIQUIDITY
$300K
NET WORTH
$1.5M

Segment Peers

StarbucksDunkin'Auntie Anne'sThe Coffee Bean & Tea LeafKrispy Kreme
QSR Pro Advisory

Evaluating a Panera Bread franchise?

Our advisory desk models unit economics, territory, and FDD terms before you sign anything.

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