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Franchise Picks
Einstein Bros. Bagels
 

Einstein Bros. Bagels is taking our award-winning concept into the franchise arena for the first time. Beginning in the Southeastern U.S., we are bringing our established brand and loyal customer base into new markets with a spiffy new neighborhood store prototype. Join a leader in the quick casual bakery segment that offers craveable cuisine at breakfast, lunch or anytime. Start today by visiting our website at www.einsteinbros.com/franchising.

Franchisor Background

Year Established:

  1995

Franchising Since:

  2006

Operating Units:

Franchised Units:4 1.1%  
Company-Owned Units:346 98.9%  
 ______ _____  
Total Operating Units:350 100%  
 

Geographic Distribution:

U.S.:350 100% In 28 States
Canada:0 0% In 0 Canadian Provinces
International:0 0% In 0 Foreign Countries
 ______ _____  
Total:350 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. Colorado30
2. Florida50
3. Illinois30

Registered in Following Registration States:

   California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Washington, Wisconsin, District Of Columbia

Financial Requirements

Investment:

Minimum Net Worth:$1MM
Cash Investment:$400K
Total Investment:$492.1-858.4K
Average Total Investment:$675K
 

Fees:

Initial Franchise Fee:$30K
Average Franchise Fee:$30K
On-Going Royalty:5%
Average Royalty:5%
Advertising Fee:3-5%

Average Number of Employees:

   5 Full-time, 15 Part-time

Space Needs (in square footage):

   2200 - 2600

Preferred Sites:

   Free-standing Building, Storefront, Strip Center

Other Sites:

  

Encourage Conversions?

   Yes

Earnings Claims Provided?

   Yes

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff:200
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?No
 

Marketing Support:

Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:Not Applicable
Central Purchasing:Not Applicable
Field Operation Evaluation:Not Applicable
Field Training:Not Applicable
Initial Store Opening:Not Applicable
Inventory Control:Not Applicable
Franchisee Newsletter:Not Applicable
Regional or National Meetings:Not Applicable
800 Telephone Hotline:Not Applicable
 

Training:

1. Golden, CO8 Weeks
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:3
General Business Experience:3
Specific Industry Experience:3
Formal Education:3
Psychological Profile:3
Personal Interview(s):3

Minority Representation

Units Owned by Minorities:

African-American:N/A
Asian-American:N/A
Hispanic:N/A
Native American:N/A
Other:N/A
Specific Minority:N/A

Terms of Contract

Term of Initial Contract:10 Year(s)
Term of Renewal Period:10 Year(s)
Passive Ownership:Not Allowed
Area Development Agreements?Yes, for 10 Year(s)
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes

Expansion Plans

Projected New Units Over Next 12 months:

   5
U.S.:Yes, 8
Canada:No
Overseas:No
 
 
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