• Last Year Rank: 19
  • Investment Range: $1,434,566 - $4,651,324
  • Initial Investment: $35,000
  • Category: Restaurant
25. Panera Bread

Company Description

Panera Bread is an American chain of bakery-café restaurants in the U.S. and Canada offering various soups, salads, sandwiches and baked goods. 

The company focuses on using all-natural ingredients and serves food without artificial flavors or preservatives, uses cage-free eggs and was the first national restaurant to display calorie information on menu boards.

Panera Bread has more than 2,000 units and does not sell single-unit franchises, instead focusing on selling market areas. Owned by Luxembourg-based JAB Holding Co., Panera in 2021 was placed, along with JAB-owned Caribou Coffee and Einstein Bros. Bagels, under the platform Panera Brands. 

The company named Paul Carbone as CEO in March 2025.

Company Statistics

  • Global Sales: $5,900,000,000*
  • US Units: 2,206
  • International Units: 10
  • Total Units: 2,216
  • Percent Franchised: 50%
  • % International Units: 0%
  • US Franchised Units: 1,105
  • International Franchised Units: 10
  • Sales Growth %: -6.3%
  • Unit Growth %: 2.0%

*Franchise Times Estimate