Full Answer
See more
How much does it cost to open an Einsteins?
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.
Is Einstein bagels owned by Starbucks?
The chain is now owned by Einstein and Noah Corp., a wholly owned subsidiary of Einstein Noah Restaurant Group, Inc. Boston Chicken, Inc.
Does Einstein make their own bagels?
This is where the magic begins – in our bakers' capable hands. Every Einstein Bros. Bagels location has a head baker who makes certain every bagel is baked to perfection. They are the captains of the kitchen!
Is Panera buying Einstein bagels?
Panera Bread merges with Caribou Coffee and Einstein Bros. Bagels to form Panera Brands.
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.
Are Panera and Einstein bagels the same?
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.
Are Einstein and Bruegger's the same?
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.
How does Einstein bagels cook their eggs?
Breakfast sandwiches: Eggs are cooked in an individual-serving steamer. Einstein: Eggs come on bagels only and are microwaved.
Who is the CEO of Einstein bagels?
Jose Alberto Dueñas (Jan 2019–)Einstein Bros. Bagels / CEO
Is Panera owned by Mcdonalds?
Offerings include bakery items, pasta, salads, sandwiches, soups, and specialty drinks. As of 2020, the menu also includes flatbread pizzas. The company, which also owns Au Bon Pain, is owned by JAB Holding Company which is, in turn, owned by the Reimann family of Germany.
What did Panera used to be called?
St. Louis Bread CompanyPanera began in 1987 as St. Louis Bread Company, a humble community bakery founded with a sourdough starter from San Francisco and a dream of putting a loaf of bread in every arm.
How much does the CEO of Panera Bread make?
These chief executives pulled in tens of millions of dollars last year.ExecutiveCompanyCompensationSandra CochranCracker Barrel (CBRL -0.29%)$6 millionSally SmithBuffalo Wild Wings (BWLD)$4 millionJohn SchnatterPapa John's (PZZA -1.89%)$3.4 millionRon ShaichPanera Bread$3 million6 more rows•Apr 8, 2015
Did Caribou buy Einsteins?
JAB acquired Caribou for $340 million in 2012, then Einstein in 2014 for about $347 million and grabbed headlines with the $7.5 billion Panera acquisition in 2017. Bruegger's Bagels, Noah's New York Bagels and Manhattan Bagel were all tucked under Einstein's leadership in various acquisitions.
Are Bruegger's and Einsteins the same?
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.
Did Caribou and Einstein split?
Einstein Bros. Bagels no longer serving Caribou Coffee in Waukesha | Business | gmtoday.com.
Who owns Starbucks now?
Howard SchultzOccupationBusinessman authorYears active1986–presentKnown forLeadership of Starbucks and co-ownership of Seattle SuperSonicsTitleChief Executive Officer (Starbucks)11 more rows
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 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 does it mean to find the best franchise?
Finding the best franchise means comparing several brands to determine the ideal fit for you.
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.
Einstein Bros. Bagels Franchise Opportunities
Einstein bros. bagels franchise is a bakery cafe concept, which sells fresh-baked bagels available in a variety of flavours; backed sweets, coffee and tea, snacks. The company was launched in 1995 as a breakfast food concept in Florida, the USA. The first Einstein bros. bagels franchise was offered for sale in 2006 and now it involves 720 units.
How to open a Einstein Bros. Bagels franchise?
Ensure you have adequate capitalization. In order to open a Einstein Bros. Bagels bakery-cafe franchise, you must have a net worth of more than $138,550.
How much does Einstein Bros. charge for a bagels license?
If you enter into a License Agreement with Einstein Bros. Bagels, you must pay it an initial license fee in the amount of $12,500. (The initial license fee is reduced to $10,000 for certain Licensed Restaurants operated on U.S. military bases.)
How much does a franchise cost?
The initial franchise fee under a Franchise Agreement is $35,000, and must be paid in full when the Franchise Agreement is signed. If there is a credit available from your area development fee (as described above), then that credit will be applied to reduce your payment.
What happens if you cancel Einstein Bros.?
If Einstein Bros. Bagels terminates the Franchise Agreement based on your default, or if you abandon or otherwise cease to operate the Franchised Business, you must pay Einstein Bros. Bagels for lost future royalties.
What percentage of sales are royalty?
6. Royalty: 5% of Gross Sales under the Franchise Agreement; 6.5% of Gross Sales under the License Agreement (reduced to 4% of Gross Sales for airport locations)
Is franchise fee refundable?
The initial franchise fee will be fully earned when paid, must be paid in one lump-sum amount, excluding any required deposits, and will not be refundable.
Does Einstein Bros. have software?
Einstein Bros. Bagels has the right to develop itself, have developed for itself, or designate certain third-party computer software programs and web-based programs and applications that you must use in connection with the operation of your Restaurant (“Approved Software”), and you may be required to pay initial and ongoing fees in order to install and continue to use the Approved Software.
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.
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.
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.
Who owns Gloria Jean's coffee?
Even if the United States witnessed the coffee shop’s humble beginnings, Australia has also taken notice of it. In fact, Retail Food Group, an Australian company, owns Gloria Jean’s. The coffee shop opened its first Australian store in 1996.
Choosing the Best: Einstein Bros Bagels
What’s better than going to the corner bagel shop for an amazingly crafted sandwich and fresh-baked bagels for your morning commute?
Calculating Growth and Turnover Rates
Although you won’t get a direct answer of how much you can potentially make with this opportunity (due to federal regulations), there are many other aspects that you will want to check into before making the life-changing decision to franchise Einstein Bros Bagels.
Franchising Requirements
What exactly is the whole franchising business going to run you, and is it even going to worth it in the end?
Wrapping it Up
You’ve got your heart set on beginning a new adventure into franchising, but you’re completely lost on where to get started and what to look for.
Why Lead Generation Is Preferable Business Than Franchising In 2019
Like any other risks in business, you must have around $250,000 as an initial startup before you can start franchising brands like Einstein Bros Bagels. As I pointed out earlier, the startup fee may cost you close to a million dollars plus training as a franchisee.
