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Einstein Bros. Bagels
- New World Restaurant Group, Inc.
Lakewood, CO 80228
- (877) 244-2233 / (303) 568-8000
- (303) 568-8259 (Fax)
- Mr. Kevin Kruse, VP Franchise Development
- [email protected]
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
| USA | 350 | 100.0% | In 28 States |
|---|---|---|---|
| Canada | 0 | 0.0% | In 0 Provinces |
| International | 0 | 0.0% | In 0 Foreign Countries |
| Total | 350 | 100% |
Multi-Unit Operators
| Multi-Unit Operators | N/A |
|---|---|
| Franchises Owned by Multi-Unit Operators | N/A |
North American Unit Density
| Density | Units |
|---|---|
| Florida | 50 |
| Colorado | 30 |
| Illinois | 30 |
Registered in the 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
Back to TopSupport and Training
General Information
| IFA Member | Yes |
|---|---|
| CFA Member | No |
| Franchisee Association? | 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 |
Ongoing Support
| Central Data Processing | N/A |
|---|---|
| Central Purchasing | N/A |
| Field Operation Evaluation | N/A |
| Field Training | N/A |
| Initial Store Opening | N/A |
| Inventory Control | N/A |
| Franchisee Newsletter | N/A |
| Regional or National Meetings | N/A |
| 800 Telephone Hotline | N/A |
Training
| Golden, CO | 8 Weeks |
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% |
Site Information and Requirements
| Average Number of Full-Time Employees | 5 |
|---|---|
| Average Number of Part-Time Employees | 15 |
| Space Needs (in square feet) | 2200 - 2600 |
| Preferred Site Types | Free Standing Building, Storefront, Strip Center |
| Encourages Conversions | Yes |
| Item 19 (Earnings Claim) Provided? | Yes |
| Listed in the SBA Registry? | No |
Franchisee Qualifications
| Financial Net Worth | 3 |
|---|---|
| General Business Experience | 3 |
| Specific Industry Experience | 3 |
| Formal Education | 3 |
| Psychological Profile | 3 |
| Personal Interviews | 3 |
Terms of Contract
| Term of Initial Contract | 10 |
|---|---|
| Term of Renewal Period | 10 |
| Passive Ownership? | Allowed |
| Area Development Agreements? |
Yes, for 10 years |
| Sub-Franchisor Contracts? |
No |
| Franchisees Allowed to Expand Within Territory? | Yes |
Expansion Plans
| Projected New Units Over Next 12 Months | 5 |
|---|---|
| USA | Yes, 8 |
| Canada | No |
| Overseas | No |
