Instructions
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Preheat the oven to 250 degrees.
Place 48 pretzels (half of the pretzels) onto a parchment paper-lined baking sheet.
Peanut Butter Filling
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Combine softened butter, powdered sugar, and crunchy peanut butter in a mixing bowl. You can use a Danish dough whisk or electric mixer. Mix until a soft dough forms. If your dough feels a little dry you can add an additional teaspoon of milk. Cover with plastic, to prevent the filling from drying out and set aside.
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Unwrap and cut each piece of caramel candy into 4 sections. Place one piece of caramel onto each pretzel. Bake for 5-6 minutes.
Caramel
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While the caramel pretzels are in the oven, arrange the rest of the pretzels onto a cutting board or work surface. Roll the peanut butter filling into SMALL balls and divide it amongst the pretzels, pressing down slightly.
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Remove the caramel pretzels from the oven.
Press each peanut butter pretzel onto a caramel pretzel. Press down to flatten it into a sandwich.
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Let the Take 5 bites stand until the caramel is at room temperature.