Bakery Cafes

Panera Bread

Fenton, MO · Founded 1993 · PNBR

Panera, LLC operates and franchises Panera Bread Bakery-Cafes that offer sandwiches, salads, soups, baked goods, pasta dishes, side items, and beverages, as well as other menu items and merchandise related to the Panera Bread concept.

2026 Franchise 500
Unranked
2,214
units (2025)
year over year

Units by Year

2,094
2022
2,151
2023
2,185
2024
2,214
2025

Total outlets at year end, from FDD Item 20.

The Investment

Initial investment
$1,123,702 – $4,619,880
FDD Item 7
Franchise fee
$50,000
FDD Item 5
Ad fund
2%
FDD Item 6
Financial performance
Yes
FDD Item 19 disclosure
Royalty

6% of Gross Sales

Leadership

  • Paul Carbone

    Chief Executive Officer and Chief Financial Officer

  • Earl Ellis

    Executive Vice President, Chief Financial Officer

  • Marlene Gordon

    Senior Vice President, Chief Legal Officer and Secretary

  • Gregg Waterman

    Senior Vice President, Chief Manufacturing and Supply Chain Officer

  • Patrick Coelho

    Senior Vice President, Chief Development Officer

  • Santhosh Kumar

    Senior Vice President, Chief Information Officer

  • Mark Shambura

    Senior Vice President, Chief Marketing Officer

  • Meenakshi Nagarajan

    Senior Vice President, Digital

  • Branden Lopez

    Vice President, Assistant General Counsel, Corporate, Franchising, and Development

  • Danny Wood

    Vice President, Franchise Operations

On File

FDD years
Select a year to open the FDD
Franchisee records
87
Current roster rows
Signed, not open
FDD Item 20, Table 5
Franchising for
32 yrs

Franchise Disclosure Documents

Read from this brand's Franchise Disclosure Documents. FDD library maintained by AskTy; figures are as filed by the franchisor.