Form the sausage patty to match the shape of your bread. Fry in a skillet over medium heat until completely cooked, about 6-7 minutes per side.
While the sausage is cooking, lightly brush one side of each slice of bread with olive oil.
Remove sausage patty from the pan and all but a little bit of the grease. Beat the eggs with about a teaspoon of water. Add the beat eggs to the pan and lightly stir until cooked.
Assemble the sandwich: bread, oil side down; a slice and a half of cheese, sausage, eggs, bacon, remaining cheese, and the top piece of bread, oil side up.
Place the sandwich in a panini press preheated to medium-high. Cook for about 5 minutes until the crust is lightly golden and the cheese is melty.
Slice and enjoy.