Panera Bread
43 Providence Pl, Providence, RI 02903
Providence, Rhode Island, United States
Address
City: Providence
Neighborhood: Downtown Providence
State: Rhode Island
Postal Code: 02903
Country: United States
Business facts
Estimated annual revenue~$631.2K
Estimated employees~22
Estimated wage bill~$495.3K
In business since1993
Estimate based on strong signals
Contacts
Area statistics (02903)
Population12,039
Median household income$57,850
Source: US Census ACS
About
Panera Bread is a counter-serve bakery/cafe chain committed to serving quality, clean ingredients in a warm and welcoming environment. They offer a menu of soups, salads, and sandwiches that they are proud to feed their families, and provide options for dining in or ordering online for quick pick-up. Panera Bread is dedicated to the culinary craft and is known for its fresh bread, free WiFi, and catering services.
🚲
Bike Parking
Yes
🍴
Catering
Yes
💳
Credit Cards
American Express, Apple Pay, Cash, Debit Card, Discover, Mastercard, NFC, Visa, Yes
🍽️
Dining Options
Delivery, Take-out
👔
Dress Code
Casual
🍷
Drinks
No
👥
Good For Groups
Yes
👶
Good For Kids
Yes
📖
Menus
Breakfast, Brunch, Coffee, Dessert, Dinner, Lunch
🔊
Noise Level
Average
🌿
Outdoor Seating
No
🅿️
Parking
Parking Garage
ℹ️
Popular With
Tourists
💰
Price
$$
📅
Reservations
Yes
🚻
Restroom
Yes
📺
TVs
Yes
♿
Wheelchair Accessible
Parking, Restroom, Seating, Yes
📶
Wi-Fi
Yes
Market analysis
Earning above its category median in a growing category (Cafes).
EstimateCategory trend: 2024, +4.1%
Revenue trend (modeled)
~$461.3K2019
~$382.6K2020
~$488.9K2021
~$562.2K2022
~$605.0K2023
~$631.2K2024
Modeled from official industry statistics+6.5%/yr since 201980% confidence band: ±42%
Company profile
Incorporated2010
Employees (reported band)12-17
Observed
Property
Lot size14 acres
Land useCommercial
CountyProvidence
On this lotshared with 258 other businesses
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Cafes in Rhode Island | 414 | ~$214.0M | ~$517.0K | ~$358.8K | 4.5★ | 1.8× |
Category revenue trend2024: +4.1%2023: +7.6%2022: +14.8%2021: +22.3%Modeled from business-level estimates
Chain pressure51 chains expanding in this category, led by Domino's Pizza, Starbucks, Season Corner Market (+189 locations since 2016)
Revenue trajectory vs benchmarks (indexed, 2019 = 100)
Estimate
Immediate area (1 km)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 719 | ~$1.4B | ~$1.9M | ~$613.5K | 5,940 | ~$555.8M | 1.0× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 224 | ~$423.3M | ~$1.9M | — | 1,119 | — | — |
| Accommodation and food service activities | 100 | ~$245.0M | ~$2.4M | — | 1,401 | — | — |
| Transportation and storage | 23 | ~$68.5M | ~$3.0M | — | 180 | — | — |
1 km area (all businesses): median from the 576 of 719 businesses with estimates
Estimate
Area conditions (02903)
Population12,039 ±939
Median household income$57,850 ±$14,282
Median home value$359,600
Bachelor's degree or higher0.5%
Unemployment rate0.1%
Source: US Census ACS