News

Missouri Panera franchisee adds 13 locations to porfolio

March 7, 2019

Hamra Enterprises, a Panera Bread franchisee based in Springfield, Missouri, has acquired 13 Panera Bread locations Memphis, Tennessee, with stores also located in Jonesboro, Arkansas and Mississippi. The acquisition expands Hamra's operating footprint to more than 70 units across five states, Mike Hamra, president and CEO of Hamra Enterprises, said in a company press release.

 "We are excited to be acquiring a great market from the Postle family," he said. "We've been operating as successful Panera Bread franchisees since 1998, and this acquisition provides us an exciting opportunity to expand our reach and continue delivering exceptional experiences in the southern region."
 
Rick Postle, president of Blue Ridge Bread, the previous owner of the 13 units, said, "We are so pleased that they will continue to grow the Panera Bread footprint in the Midsouth Region and the Crossroads of Mississippi; continuing to bring fresh baked breads and clean, tasty food to our many loyal customers." 

Hamra Enterprises also owns Wendy's, Noodles & Company and Holiday Inn Express locations, employing more than 7,000 people in nine states.