Among the many food chains in the US, Panera Bread has been one of the top choices for consumers. In fact, a QSR 50 special report places the company in the top 10 of the best limited-service food businesses in the country in 2015. And, over the years, it has been performing well to compete with other popular food chains, such as McDonald’s, Starbucks, Burger King, Wendy’s, and Taco Bell.
Now, if you have a passion for foodservice and have the financial resources, it is highly possible to enjoy the same success the company has. You can invest in a triple net lease (NNN) Panera Bread real estate for sale in ideal locations across the country, and you will be off to a good start in achieving that level of financial freedom you have been longing for.
What Makes Panera Bread NNN Properties a Good Investment
With so many available NNN food chain stores available for sale, why would you choose Panera Bread real estate for sale? Well, there are many benefits to buying a franchise from the company, but here are the ones that make such an investment option truly worth it.
In the previously mentioned QSR 50 2015 special report, Panera Bread overtook KFC to take the number 10 spot and claim its place among the foodservice industry’s elite companies, thanks to its strong performance in the said period.
With about 1,880 locations in 45 states during that time, the company generated around $4.5 billion in sales, with an average of $2.5 million per store. These numbers put Panera Bread on par with McDonald’s, which took the top spot, in terms of average sales. Today, the company already has more than 2,000 locations in the US and Canada.
So, if you want to invest in an NNN business that will give you the quickest of returns, then you will never go wrong with Panera Bread.
Opportunity to Offer Healthy Food Choices
More and more people today are becoming stricter about their diet, and the company has always been tapping on this need to help their customers make healthier food choices. It has definitely done an exceptional job of cashing in on such a trend and, at the same time, growing its business.
By buying a Panera Bread triple net lease property, you are also joining a huge network of business people who are passionate about offering consumers the healthiest and cleanest food choices throughout the day. This gives you a sense of pride that you are helping others in a way that you also love.
Reputation for Excellence
Panera Bread has been known for the warm and welcoming feeling they offer to every person who walks into their stores. Combined with the quality of their food, as well as the speed and convenience of their service, the company has everything people would look for in a traditional fast-food chain.
The experience the company provides has been winning accolades from customers and has helped them establish a stellar reputation, which puts them on par with other well-liked food businesses, such as Starbucks.
Using the hallmarks of the ever-changing fast food industry, Panera Bread has been improving its services and redesigning its stores to attract even more customers. As a result, they are bumping their stocks to record levels year after year.
With its well-performing stocks comparable to those of the industry leaders, investors are also willing to pay up for growth. This means that investing in a Panera Bread NNN property is a sure-fire way to ensure long-term stability.
Buying the Right Panera Bread Property for the Best Returns
While investing in the Panera Bread real estate department gives you a good amount of passive income and returns, you should still make sure you are buying the right property for yourself. Otherwise, you will not be able to make the most out of your investment. Here are 3 steps that you should take.
1. Choose the best location.
While the creditworthiness of Panera Bread, as the tenant, is an advantage in itself, the location still has an important role to play in maximizing returns out of your investment.
With that in mind, it is important to buy a property in a location that has easy access to the street and is clearly visible to those who are passing by. Aside from that, it would be better if it is close to other anchor businesses, as they will help drive more visitors to your store.
2. Use a NNN advisor.
When assessing potential Panera NNN properties for sale, it would be best for you to seek the help of an advisor who specializes in these types of properties and has a deep understanding of all the trends that may impact their investment potential.
In a way, this professional will guide you through the taxing process of searching, selecting, and financing the best property that conforms to your investment goals.
3. Get a lawyer to review the contract.
When it comes to buying an NNN property, you should see to it that you will have sufficient protection under the sale agreement. For example, you should receive a valid title to the property and ensure it is compliant with applicable rules and regulations. Make no mistake, things like these can definitely ruin the value of your investment.
With legal counsel by your side, you can properly review the contract or sale agreement and other due diligence. Aside from that, you will be guided to avoid any potential pitfalls that may arise throughout the buying process.
Without a doubt, buying Panera Bread real estate for sale is a smart investment to make, considering the company’s performance and competitiveness within the foodservice industry. Not only does it generate excellent returns, but as an NNN property, it only requires minimal effort on your part.
However, you should still do your due diligence in finding the best property to invest in. By following the steps mentioned above and seeking advice from the experts, you should be able to land on a Panera Bread property that provides the best value for your money.
For more useful business tips and information, feel free to check out the other articles on our site!