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PANERA BREAD BAKERY-CAFE vs Mrs. Fields and Mrs. Fields Cookies — which franchise is the better buy?

Side by side from the public FDDs — no franchisor spin.
PANERA BREAD BAKERY-CAFEMrs. Fields and Mrs. Fields Cookies
Disclosure honestyBB
Investment from$498,306$309,500
Total fees11.4%9%
Outlets2,21498
Lawsuits20

PANERA BREAD BAKERY-CAFE: what their numbers say

Average Net Sales for company-owned ($2.68M) and franchisee-owned ($2.54M) cafes. Gross profit/EBITDA data for company-owned only. Excludes Non-Traditional locations.

Mrs. Fields and Mrs. Fields Cookies: what their numbers say

67 traditional stores (CY2025): avg gross revenue $365,166 (range $85,561–$870,824). 49% met/exceeded average. Excludes 6 new stores and 25 non-traditional locations.

◤ ITEM 19 RECONSTRUCTED

Get the real owner take-home for either — $149

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