Einstein Bros. Bagels
Food & Beverage · Quick-Service Restaurants
- Active units
- 69
- Avg unit volume
- $1.0M
- Royalty
- 5.0%
Franchised, year-end 2025
Item 19 cohort year 2025
of weekly Net Sales
About Einstein Bros. Bagels
Einstein Bros. Bagels is your go-to neighborhood bagel shop that takes immense pride in serving you freshly baked bagels, breakfast sandwiches, lunch sandwiches, and quality coffee. We believe in the power of the bagel to create amazing moments, whether it's adding excitement to your morning office meetings, offering an escape from your busy day, or simply bringing joy to your kid's face with a shmear mustache. That's why we start our day bright and early at 2 am, baking fresh bagels every four hours. With the finest breakfast ingredients, we craft inspiring flavors that ensure every bite is a delight. Our team's dedication is evident in the out-of-the-oven freshness of our bagels, and we bake all day long to cater to every individual's unique morning routine. Stop by, and experience the true essence of a mouthwatering bagel and a perfectly brewed cup of coffee. Einstein Bros. Bagels is a proud member of Panera Brands, committed to offering you good food and a welcoming environment.
Key terms
- Franchise fee
$35k
- Brand fund
4.0% of Net Sales
- Footprint
1,200 – 2,500 sq ft
- Area Development Fee
$10k
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing); filings on file: 2024, 2025, 2026.
Growth
- Total locations—
Franchised units open at year-end
- New openings—
Gross new units opened during the calendar year
- 1-year unit growth rate—
Net unit growth versus prior year
- 3-year unit CAGR—
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio—
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)$1.0M
Item 19 cohort year 2025
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate-7.2%
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$949k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open7 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate5.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio1.1×
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.