Full Answer
Is Einstein a franchise?
Franchise Description: Einstein Bros. Bagels Franchise Corporation is the franchisor. The corporate parent company is Einstein Noah Restaurant Group, Inc.
How much does a Bruegger's franchise cost?
The franchise fee for Bruegger's is $30,000. The total investment to open and operate a Bruegger's bakery franchise ranges from $368,600 to $575,600. Franchise Agreements are for 10 years, renewable for a $5,000 fee. A 5% royalty fee on gross sales of paid to the company.
Does Einstein bagels own Noah's?
Bagels is an American chain that specializes in bagels and coffee. In 1996, Berkeley-based Noah's Bagels was bought out by Einstein Bros.
Is Noah bagels a franchise?
About Noah's BagelsFranchise Details:Founded:1989Corporate Office:555 Zang St., Suite 300 Lakewood, COIndustries:Food, Bagel, Bakery, Cafe, Deli
Is Manhattan Bagel a franchise?
Located primarily in New Jersey, New York, Pennsylvania and Delaware, Manhattan Bagel is a part of the family of fast casual brands owned, licensed and franchised by publicly traded Einstein Noah Restaurant Group, Inc.
Does Einstein Bros boil their bagels?
I called up a local Einstein's here in Dallas to learn about how they make their bagels and talked to Janelle, the assistant manager there. Unlike the traditional boiling method, Janelle says Einstein has steam injection ovens that simulate the boiling process.
Does Panera own Einstein bagels?
Image provided by iStock. Panera Bread, Caribou Coffee and Einstein Bros. Bagels have teamed up to create Panera Brand, boasting nearly 4,000 locations and 110,000 employees across 10 countries, according to a press release. All three brands are owned by Luxembourg based JAB Holding Co.
Is Bruegger's owned by Einstein?
Einstein's and Caribou are both owned by JAB Holding Co., a privately held German conglomerate that also owns Peet's Coffee, Panera Bread, Bruegger's Bagels and Krispy Kreme Doughnuts, among other brands.
Is New York bagel a franchise?
A Bagel Franchise with Real Potential At NYC Bagel and Sandwich Shop, we take great pride in our food and our exceptional guest experience. We strive to provide our franchisees with the best profit-centric tools and we inspire our owner operators with the skills that will allow them to own multiple units.
How much does it cost to open a Manhattan Bagel?
What Does a Manhattan Bagel Franchise Cost? To buy a franchise with Manhattan Bagel, you'll need to have at least $225,000 in liquid capital and a minimum net worth of $450,000. Franchisees can expect to make a total investment of $482,000 - $873,350.
Who is Einstein Bagels owned by?
Einstein Bros. ® Bagels is part of Panera Brands, one of the nation's largest fast casual restaurant companies, comprised of Panera Bread®, Caribou Coffee® and Einstein Bros.
How much does a McDonald's franchise cost?
McDonald's franchisee applicants must have a minimum of $500,000 available in liquid assets and pay a $45,000 franchise fee. Those looking to launch a new McDonald's franchise can expect to shell out between $1,314,500 and $2,306,500. Existing franchise prices can cost upwards of $1 million or more.
How much is a Starbucks franchise?
What are the Financial requirements for a Starbucks licensed store? You need to pay the licensing fee of between $50,000 – $315,000 and you must have over $1,000,000 in liquid assets to be considered for a licensed store by Starbucks.
How much is a KFC franchise?
For non-traditional KFC outlets, KFC charges an initial license fee of $22,500. For traditional KFC franchise agreements, the franchise (or initial license) fee is $45,000 split into the deposit fee and the option fee.
How much does it cost for Domino's franchise?
Initial franchising fee: The Domino's initial franchise fee is $10,000 for building a new store or refranchising a closed store. Do note that Domino's sometimes charges a "reservation fee" of $25,000. The franchise disclosure document that you receive will have more details on this additional fee.
How much does it cost to franchise Einstein's bagels?
The franchise fee for Einstein Bros. Bagels is $35,000 for a single restaurant. The initial investment to open and operate an Einstein Bros. Bagel franchise ranges from $536,300 to $828,850. A 5% royalty fee on gross sales is paid to the company, in addition to an advertising fee of up to 5%.
When were Einstein's bagels invented?
Einstein Bros. Bagels was created in 1995 by the chain restaurant corporation Boston Chicken (now Boston Market), which acquired four bagel chains and combined them to form Einstein Bros. The Einstein Bros. brand expanded quickly, opening its 500th location in 1997, becoming the largest retail bagel company in the nation. Einstein Bros. is part of the Einstein Noah Restaurant Group, Inc. There are currently more than 300 Einstein Bros. Bagels locations operating in 27 states nationwide.
Is Einstein's bagels a specialty?
Of course, bagels are Einstein Bros.’ specialty, but there’s no limit to the creative culinary possibilities at their restaurants. At Einstein Bros., they’ve pioneered originality, and their restaurants are the perfect blend of breakfast place, coffee shop and sandwich shop. Start your business!
Is Einstein Bros. a franchise?
From in-store environments that ooze warmth and a menu stuffed with delicious possibilities, Einstein Bros. has become a franchise segment leader, ranked 8th in Fast Casual ’s ‘Top 100 Mover and Shakers.’ Einstein Bros. franchisees enjoy a solid corporate infrastructure, filled with industry veterans and experienced leadership at all levels. Franchisees have access to topical training materials and ongoing field support.
How do franchise profits work?
Franchise profits depend on a number of variables, including local demand for your product, labor costs, commercial lease rates and several other factors. Typically, franchise profits are proportionate to the size of investment. We can help you figure out how much money you can make by reviewing your personal situation. Please unlock this franchise for more information.
What is Einstein's specialty?
Einstein Bros. Bagels specializes in the sale of fresh-baked bagels, cream cheese and other spreads, specialty coffees and teas, baked sweets and snacks , and creative lunch items, among other things.
How many franchise locations do they have?
As of the 2020 Franchise Disclosure Document, there are 52 franchised Einstein Bros Bagels locations in the USA.
What does it mean to find the best franchise?
Finding the best franchise means comparing several brands to determine the ideal fit for you.
How long is the Einstein Bros franchise?
The initial Einstein Bros Bagel franchise is a 10-year term. Renewal is applicable if the franchisee successfully complies with the requirement. The renewal for the Franchise Agreement is at least a 10-year term. The renewal for the License Agreement is two additional five-year terms.
When did Einstein Bros start?
Einstein Bros Bagels Franchise: Overview. Einstein Bros Bagels was founded in 1995 in Colorado. It started franchising in 2006 and successfully opened 720 units over the years. As a franchisee, you’ll be granted rights to operate the business and specialize in the sale of the following: Fresh-baked bagels.
What is The Real Cost of A Lemonshark Poke Franchise?
However, other fast-casual restaurants may also have a place and opportunity to become an investment in the long run. One of them is LemonShark Poke, self-dubbed as a “fine casual” offering healthier food options for consumers needing a quick bite.
What is a franchisee's training program?
Training Program. According to the Franchise Agreement, a franchisee must designate an operating partner. If the franchisees are a partnership, corporation, limited liability partnership, or limited liability company, they must select one person. Then, the designated person must be approved by the franchisor to act as a supervisor.
How long does franchising training take?
The designated person will be required to attend franchise training for eight-weeks at a training restaurant chosen by the franchisor. Typically, the franchisor will locate the initial training at the HQ. Meanwhile, the remaining weeks will be conducted at an approved training facility. The licensee training will go over an approximate six-day period at any store location decided by the franchisor.
How many owners and managers are required to complete the Phase I and II training?
A minimum of one owner or manager must attend the Phase I and Phase II training programs and complete both satisfactorily. Moreover, the owner and manager must attend the Phase II training program and complete it according to the franchisor’s satisfaction. The requirements for the training may vary according to the participant’s experience.
Is Einstein Bros related to Melvin and Elmo?
Before we dive into the total cost breakdown, let’s learn some interesting facts about the Einstein Bros Bagel franchise. Einstein Bros is related to the fictional founding brothers of the restaurant named Melvin and Elmo. It’s not related to the founding father for the theory of relativity.
How long is franchise training?
Franchise training will be conducted over an approximately eight-week period at training restaurants of the franchisor’s choosing (typically, but not always, this includes one week at its headquarters in Lakewood, Colorado, and up to seven weeks at one of its approved training facilities across the U.S.).
What is a protected territory in Einstein Bros?
The protected territory will typically be a circle, the center of which will be the front door of the restaurant, and that circle will have a radius that is specified in the Franchise Agreement (two miles, except in dense urban centers, where it could be less). Franchisees will not receive an exclusive territory. Franchisees may face competition from other franchisees, from outlets that the franchisor owns, or from other channels of distribution or competitive brands that it controls. The franchisor does not grant franchisees a protected territory or similar rights under the License Agreement.
Does franchising offer financing?
Financial Assistance: Neither the franchisor nor any agent or affiliate offers direct or indirect financing to franchisees, guarantees any note, lease or obligation of franchisees.
Does Franchise Direct sell your information?
Franchise Direct's reputation for integrity in the franchise industry has been established over our 20+ years in business. We NEVER sell your information or share it with anyone other than the companies from which you have requested information. Please view our privacy policy.
Do franchisees have to participate in direct operation of a restaurant?
Obligations and Restrictions: The Franchise Agreement and License Agreement do not require franchisees to participate personally in the direct operation of the restaurant, although the franchisor encourages and recommends active participation by franchisees.
Is Einstein Bros. a success?
Bagels franchise, there are many things to consider before signing on the dotted line. Becoming a Einstein Bros. Bagels franchisee is not a guarantee of success, but rather a blueprint that can assist you in achieving success. Given the correct market conditions, skills and dedication, being a Einstein Bros. Bagels franchisee might be financially rewarding.
Is Einstein Bros. bagels a serious franchise?
Owning a Einstein Bros. Bagels franchise is a serious commitment and works best when you make a thoughtful, educated decision.
Does a Einstein Bros. Bagels Franchise Make Money?
A critical part of your due diligence is to build an estimated P&L (profit and loss statement) and see what the numbers might look like if you become a Einstein Bros. Bagels franchisee. Reading Chapter 13 of The Educated Franchise teaches you the secrets of this key step.
When did Einstein Bros. go bankrupt?
16. Einstein Bros. Bagels grew too fast in a short amount of time and declared bankruptcy in 2000 after making too many loans to franchisees. New World Coffee bought the company out of bankruptcy for $190 million.
Why are Einstein's bagels not included in the budget?
There were franchised and company-owned Einstein Bros. Bagels Restaurants that were not included because they were not open for the entire fiscal year.
What is the Einstein bagels?
Bagels launched a new line of products, Boosted Bagels, which feature beneficial vitamins and functional ingredients that help customers “kick-start their day.” The brand released three flavors of Boosted Bagels: the espresso-infused Espresso Buzz Bagel; the sweet, oat-topped Cherry Chia Bagel; and the Savory Parm Bagel.
When did Einstein's first bagel shop open?
15. The first Einstein Bros. Bagel shop was opened in Ogden, Utah in June 1995 and by the end of the year, PBCI officially became Einstein Brothers Bagels, Inc. (EBBI). Throughout the rest of the 1990s, the company continued to expand and EBBI acquired a few more small-scale bagel chains.
When were Einstein's bagels invented?
14. Einstein Bros. Bagels was created as Progressive Bagel Concepts, Inc. (PBCI) in 1995 by Boston Chicken (now Boston Market), after Boston Chicken acquired three of the largest retail bagel companies at the time: Offerdahl’s Bagel Gourmet, Inc.; Bagel & Bagel, Inc.; and Brackman Brothers, Inc.
Does Einstein Bros. buy chicken?
Bagels announced that it was making a commitment to work with its suppliers, licensees, and industry partners to improve the welfare of broiler chickens that the company sources. The brand also said that it will ensure that by 2024 it will only buy chicken that is produced in alignment with the standards set by the Global Animal Partnership (GAP), an international farmed animal welfare certification program.
Does Einstein Bros. have a drive-thru?
Einstein Bros. Bagels has further broken down the Gross Sales volumes for company-owned and franchised Restaurants – both with and without a drive-thru.
