Einstein Bros Bagels Franchise
Do you want to spread joy around your neighborhood, one fresh bagel at a time? If you’re interested in exploring a bagel-related business, then this Einstein Bros Bagels franchise is the article for you. Let’s go over all the things you need to know about owning the franchise.
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Table of Contents
Einstein Bros Bagels Franchise Wiki
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
- Cream cheese and other spreads
- Specialty Coffees
- Teas
- Bakes sweets and snack
- Creative lunch items
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Einstein Bros Bagels Franchise Benefits
This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.
Einstein Bros Bagels Franchise Financial Assistance
The franchisor may offer financing programs to its franchisees. The options and terms could be affected by several factors, including the creditworthiness of the franchisee, accounting rules, and availability of funds.
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Einstein Bros Bagels Franchise Cost
| Name of Fee | Low | High |
|---|---|---|
| Construction Costs | $210,000 | $310,000 |
| Computer Equipment & Electronic | $26,000 | $54,000 |
| Furniture, Fixtures & Equipment | $175,000 | $261,000 |
| Signage & Graphics | $10,000 | $50,000 |
| Professional Fees (incl. architectural or engineering fees and permit and impact fees) | $30,000 | $35,000 |
| Initial Franchise Fees | $35,000 | $35,000 |
| Design Review Fee | $2,000 | $2,000 |
| Real Estate Leasing | $25,000 | $56,250 |
| Opening Inventory, Smallware and Supplies | $15,000 | $25,000 |
| Initial Marketing and Promotion | $10,000 | $10,000 |
| Insurance | $7,500 | $15,000 |
| Training Expenses | $1,000 | $14,000 |
| Miscellaneous Opening Costs | $1,300 | $3,600 |
| Business Licenses | $500 | $5,000 |
| Security Deposits | $4,000 | $10,000 |
| Additional Funds (3 months) | $12,000 | $50,000 |
| ESTIMATED TOTAL | $564,300 | $935,850 |
Einstein Bros Bagels Franchise Training Program
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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.
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.
Also, aside from the initial training program, the manager must obtain a food service safety certification. If the franchisee asks the franchisor for additional on-site training, they need to pay $350 per head along with other necessary costs.
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Einstein Bros Bagels Franchise Requirements
This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.
Einstein Bros Bagels Franchise Profit
Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors.
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How to Apply For Einstein Bros Bagels Franchise
To get the franchise first you have to fill the form. Then the company officials will contact you for further details. After that you you can open this franchise.
Einstein Bros Bagels Franchise Contact details
FAQ
Is it profitable or not?
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Ans: It is fast moving products, so there is fewer margins but your sale is too high. So, obviously you can make more profit from this business.
What is The Difference Between Franchisor vs. Franchisee
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What Is The Difference Between Franchise Vs. Sole Proprietorship
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Conclusion
So far we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information please feel free to share with us. Share your thoughts and we will definitely contact you with new franchise and opportunities. Stay Tuned for more franchise. Thank you
Disclaimer: The information given in this article like investment may vary from place to place, so we are not sure about the investment part.
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