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Q: How Much Does a Bagel Franchise Cost?

The franchise fee is typically from $25,000 to $35,000. Although that is affordable, the cost of the initial investment can range from $200,000 to $800,000. The investment includes brick and mortar, purchase of real estate and equipment, purchase of inventory and more. The NYC Bagel and Sandwich Shop has one of the lowest startup costs at $120,000. But this is a base cost in the industry, with many other factors at play. Are bagel shops for sale? Yes. There are business opportunities to purchase already-established franchises. For an additional investment, the franchisee may purchase a multi-unit business.

Q: Are bagel shops profitable?

Franchisors require that an applicant have a significant net worth, typically from $500,000 to $800,000. Bagel franchises are plums in the franchise world, and franchisors want to make sure they are connecting with the best owners. The best owners are the ones who already have proven their ability to make money. That is proven by their net worth. Although the start-up costs are high, the return on investment for that type of franchise is also high.

Q: How much does a bagel shop make a year?

Let’s say you put up $300,000 in total cost including the franchise fee, to open the business. You should be able to make that back in two years. BUT, it’s all about location. How can you make money selling a $2 product? That depends on the number of customers you sell it to, in a day, week, month and year. If you don’t open in a good location, simply put, you’re not going to make money. From 2002 to 2016, revenues for coffee and snack shops doubled. Things were booming. The businesses that adapted to a changing market remained profitable. Those businesses offered Vegan, nut-free and gluten-free choices.

Q: Why choose a bagel franchise?

There’s a whole lot to love about a bagel franchise. For someone interested in buying a franchise in the restaurant industry, the bagel franchise offers a great place to start. Here are some reasons why: The menu is simpler, in comparison to a typical restaurant. Most businesses in the bagel franchise industry also include a sandwich shop with a varied menu. The store hours are better. Most franchises close by 3 p.m. daily. That’s because they typically offer breakfast and lunch only, with lunch being offerings from a typical sandwich shop. Some advertise the additional offerings in the business name, such as the NYC Bagel and Sandwich Shop. You won’t need as many employees, most often from 7 to 12. The dining atmosphere is casual and friendly. Inventive creativity is possible, not just the common NYC bagel. Why, what about the Chorizo Sunrise? That’s Chorizo sausage, avocado, pepper jack cheese with a jalapeno salsa smear, on a green chili gourmet bagel. (You can get that at Einstein Brothers Bagels.) Bagel choices have come a long way since the standard NYC bagel. The varieties are endless. Also endless are the opportunities for creative twists on the historic NYC bagel. The tasty doughy circle was everybody’s favorite quick, light meal. It wasn’t long before franchises like the NYC Bagel and Sandwich Shop took things to the next level. To the original tasty treat, they added sandwiches, specialty coffee, gourmet coffees, and more.

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