Missouri-Based Multi-Brand Operator Snaps Up 13 More Panera Bread Locations
Mike Hamra already operates more than 50 Panera Bread locations, now he's adding another baker's dozen to his portfolio. And that's just one of the brand's his Hamra Enterprises has going. The company also operates multiple Wendy's and Noodles & Company locations as well as a Holiday Inn Express.
His newly acquired Panera locations are in in Memphis, Tennessee, Jonesboro, Arkansas, and Mississippi. This latest move brings Hamra's operating footprint to more than 70 Panera Bread units across 5 states.
"We are excited to be acquiring a great market from the Postle family. 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," said Mike Hamra, President & CEO of Hamra Enterprises.
This newest acquisition means Hamra Enterprises operates 170 quick-service, and fast casual restaurants and employs more than 7,000 people in Arkansas, Illinois, Kansas, Massachusetts, Mississippi, Missouri, New Hampshire, Tennessee, and Texas.
"We have the upmost respect for the Hamra family, having known and worked with them for 45 years," said Rick Postle, President of Blue Ridge Bread. "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."
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