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FranchiseVerdict

Panera Bread vs Hawaiian Bros Island Grill

Franchise Comparison 2026

Both Panera Bread and Hawaiian Bros Island Grill are quick-service restaurants franchises. Panera Bread requires an investment of $1.3M – $4.7M while Hawaiian Bros Island Grill requires $1.2M – $4.1M. In terms of revenue, Panera Bread reports higher average unit revenue at $2.7M. FranchiseVerdict rates Panera Bread A (Top Quintile) and Hawaiian Bros Island Grill B (Above Average).

Investment Range
$1.3M – $4.7M
$1.2M – $4.1M
Franchise Fee
$35K
$50K
Royalty Rate
5.0%
6.0%
Average Revenue (Item 19)
$2.7M
$2.5M
SBA Charge-Off Rate
Limited data
N/A
Total Units
2,206
52
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
1993
2022
FDD Year
2025
2025