Capital Investment Advisors

This Chain Restaurant Is Where People Spend The Most Money

I love Panera Bread. Everything on the menu is delicious, from the baked goods to the sandwiches to the soups and salads.   One day while waiting for my breakfast order, I fell into conversation with the manager about the table of eight-or-so retirees who seemed to be in place every morning reading the paper and chatting among themselves.

“That must be great for business,” I said.

The manager smiled and said, “If only they’d buy more than a cup of coffee.”

Smart customers.

Panera ain’t cheap, as a new study or corporate expense accounts demonstrates. The average tab at the “fast casual” sandwich shop was $39.52 — far and away the highest among frequently expensed chain restaurants. By comparison, the average tab at Starbuck’s was $11.55 and $8.75 at McDonalds. Even Chili’s and Applebee’s had lower average tickets than Panera.

Related: Has Old Mcdonald’s Broken Out Of Its Financial Slump?

That $39.52 sounds a little high to me. (The report doesn’t say how many meals were purchased on those Panera tickets.) But I can see how one person can easily drop nearly $20 on lunch at Panera. A plain ol’ turkey sandwich runs about $8.

Of course, you get what you pay for. Panera’s food is delicious and healthy – if you choose wisely – and it is a great place to meet friends or business associates. Just be mindful of the cost. Maybe someday you just get a cup of coffee, like those wise retirees at my Panera.

Related: How Starbucks CEO Rose From Rags To Riches

Cover Image: hbpictures /

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