PANERA, LLC fits first-time franchise buyers with $100,000+ liquid looking for a mature food & beverage concept.
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Data shown is extracted from the 2026 Franchise Disclosure Document filed with state regulators. Fees, investment ranges, and other terms may have changed since this filing. Always request the current FDD directly from the franchisor before making any investment decisions. This information is not financial, legal, or investment advice. Full disclaimer.
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vs 604 Food & Beverage peers
| PANERA, LLC | IHOP Franchisor LLC (Non-Traditional Program)Similar price | DOCTOR'S ASSOCIATES LLCBiggest system | Vintage Hospitality Group, LLCTop-rated in category | |
|---|---|---|---|---|
| Industry: Food & Beverage | ||||
| Franchise fee | $50K | $25K | $15K | $50K |
| Total investment | $1.2M–$4.6M | $436K–$4.6M | $227K–$630K | $3.5M–$6.4M |
| Royalty | 5% | 4.5% of gross sales | 8% | 5.5% of Gross Sales |
| Total units | 1,106 | 1,693 | 18,773 | 33 |
| Item 19? | Yes | Yes | Yes | Yes |
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PANERA, LLC requires a $50,000 initial franchise fee and a total initial investment range of $1,223,702–$4,619,880, per the most recent FDD on file.
Yes. PANERA, LLC discloses Item 19 financial performance representations with reported revenue around $2,933,366. See the financials sub-page for the full distribution.
Franchisees pay a royalty of 5% and an advertising fund contribution of 0.4% to 4.0% on gross sales as defined in Item 6 of the FDD.
Per the FDD, PANERA, LLC typically expects $100,000 in liquid capital. Actual approval thresholds may vary by territory and program.
As of their 2026 FDD, PANERA, LLC has 1,106 total locations, with 33 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.
No. PANERA, LLC does not grant exclusive territory rights under Item 12. The franchisor retains the right to operate or grant additional units inside or adjacent to your trade area.
Per the FDD, PANERA, LLC discloses an initial agreement term of 20 years. Review Items 10 and 17 for the full renewal and termination provisions.
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