H&H Bagels
Food & Beverage · Quick-Service Restaurants
- Active units
- 7
- Avg unit volume
- $1.9M
- Royalty
- 6.0%
Franchised, year-end 2025
Average annual retail sales for Operating Locations in fiscal year 2025, excluding discounts, returns, and sales taxes.
of weekly Net Sales
About H&H Bagels
H&H Bagels, known as Like No Other Bagel in the World, is a legendary brand that has been serving New York City since 1972. With over 50 years of experience, we pride ourselves on our original recipe and artisanal water bagel method that has remained unchanged since day one. Using only the highest quality, all-natural ingredients sourced from around the world, our bagels go through a meticulous process. They are proofed, kettle-boiled, bathed in cold water, and oven-baked to achieve the perfect texture, taste, and aroma. But our bagels aren't just for New Yorkers anymore. We offer nationwide shipping, allowing everyone in the country to indulge in our authentic bagels. Whether you're looking to enjoy them at home, cater an event, or even start your own franchise, H&H Bagels has got you covered. Our dedication to quality and tradition has earned us recognition in popular television shows and movies such as Seinfeld, Sex and the City, and How I Met Your Mother. Join the H&H Bagels experience and taste the difference.
Key terms
- Franchise fee
$40k
- Multi-unit step-down
$35,000 for the 2nd–5th restaurants; $30,000 for the 6th and additional restaurants under a Development Agreement
- Accelerated development additional locations
If development obligations are met early and additional locations are approved within remaining schedule, the initial franchise fee for each such additional location is reduced to $20,000
- Brand fund
2.0% of Net Sales
- Local advertising
2.0% of Net Sales
- Footprint
1,400 – 1,900 sq ft
- Development Fee
$20k
- Veteran discount
$5,000 discount on the first Initial Franchise Fee for qualified Veterans/First Responders; entity must be ≥51% owned by eligible individuals; applies only to first restaurant
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)$1.9M
Average annual retail sales for Operating Locations in fiscal year 2025, excluding discounts, returns, and sales taxes.
- 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-28.0%
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$762k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open11 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate6.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio2.5×
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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Location footprint
Showing 1 of 1 mapped locations
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.