Overall costs for Einstein Bros. Bagels run anywhere from $564,300 to $935,850. See how the costs break down and what funding options might be right for your new venture into the franchise foray.
Estimated initial costs
Our cost estimates are accurate as of 2021 from Franchise Direct and include opening fees and expenses only. The location you choose for your Einstein Bros. Bagels franchise may result in higher or lower fees.
Franchise fees
Einstein Bros. Bagels franchise fees total around $35,000, which beats out the $37,000 average for the 200 largest franchises nationwide.
| Initial franchise fees |
$35,000 to $35,000 |
| Royalty |
5% of gross sales under the Franchise Agreement; 6.5% of gross sales under the License Agreement (reduced to 4% of gross sales for airport locations). |
| Estimated total |
$35,000 to $35,000 |
Equipment fees
Equipment fees total $288,000 for Einstein Bros. Bagels. This costs more than the $180,023 average for the top 200 franchises.
| Computer equipment and electronic |
$26,000 to $54,000 |
| Furniture, fixtures and equipment |
$175,000 to $261,000 |
| Signage and graphics |
$10,000 to $50,000 |
| Estimated total |
$211,000 to $365,000 |
Real estate fees
Real estate will set you back $342,125 for Einstein Bros. Bagels, thought it's less than the average of $788,376 for the top 200 franchises.
| Construction costs |
$210,000 to $310,000 |
| Professional fees, including architectural or engineering fees, permit fees and impact fees |
$30,000 to $35,000 |
| Design review fee |
$2,000 to $2,000 |
| Real estate leasing |
$25,000 to $56,250 |
| Security deposits |
$4,000 to $10,000 |
| Estimated total |
$271,000 to $413,250 |
Training fees
Einstein Bros. Bagels initial training costs total $7,500, which comes in under the nationwide average of $9,788.
| Training expenses |
$1,000 to $14,000 |
| Estimated total |
$1,000 to $14,000 |
Inventory costs
Initial inventory for Einstein Bros. Bagels shakes out to $20,000. This is less than the nationwide average of $53,119.
| Opening inventory, smallware and supplies |
$15,000 to $25,000 |
| Estimated total |
$15,000 to $25,000 |
Marketing costs
Advertisement and marketing costs total up to $10,000 for Einstein Bros. Bagels, which is more than the nationwide average of $9,938.
| Initial marketing and promotion |
$10,000 to $10,000 |
| Grand opening marketing program |
$10,000 under the Franchise Agreement. |
| Estimated total |
$10,000 to $10,000 |
Licenses and permits costs
Einstein Bros. Bagels initial licenses and permits will set you back $2,750. This comes out to less than $18,770 — the overall nationwide average.
| Business licenses |
$500 to $5,000 |
| Estimated total |
$500 to $5,000 |
Insurance costs
Initial insurance costs for Einstein Bros. Bagels run $11,250. This means you'll be paying more than the overall nationwide average of $6,311.
| Insurance |
$7,500 to $15,000 |
| Estimated total |
$7,500 to $15,000 |
Other expenses
Miscellaneous expenses for Einstein Bros. Bagels total $33,450 — less than the nationwide average of $69,970.
| Miscellaneous opening costs |
$1,300 to $3,600 |
| Three months' additional funds |
$12,000 to $50,000 |
| Estimated total |
$13,300 to $53,600 |
All costs were found using the 200 largest franchises nationwide using Franchise Direct's list of more than 300 franchises, and are accurate as of 2021.
How to finance
Since the estimated total for Einstein Bros. Bagels is on the more costly side, we recommend following these steps to get fully financed:
- Go to the Einstein Bros. Bagels franchising website and review its financial requirements, including cash-on-hand requirements.
- Reach out to Einstein Bros. Bagels about in-house financing for franchisees.
- If in-house financing isn't available, look for online loans, bank loans and SBA loans to help meet the $750,075 estimated opening costs.
- Compare lenders based on amounts, interest rates and what types of personal and business credit history they accept.
- Once you settle on a lender, gather all required documents, including account statements and assets.
- Apply for financing online or in person as required by the lender.
What types of financing is available?
You have several options when it comes to financing a Einstein Bros. Bagels — even if the cost is on the heavier side. What assets you have available will largely determine how much you need to borrow, and which option suits you best.
- Online loan. A number of online business lenders offer amounts up to $1 million, with some extending up to $5 million.
- Bank loan. Your personal credit will typically need to at least be good — 670 or higher — when it comes to getting a bank loan large enough to cover a significant portion of Einstein Bros. Bagels opening costs.
- SBA loan. While your personal credit score doesn't need to be as good to qualify for an SBA loan, they usually cost more than standard term loans from banks or online lenders.
Also check if Einstein Bros. Bagels franchise financing is available. You may be able to get some of the costs covered for less than you would with other traditional funding options.
Compare small business lenders
You may not need financing to cover the estimated $564,300. But if you need funds for other business ventures, select the loan amount, your time in business and revenue and your personal credit score to compare a selection of lenders.
How Einstein Bros. Bagels stacks up
Compare how Einstein Bros. Bagels holds up against two similarly sized franchises.
| Average Franchise fees |
$30,000 |
$35,000 |
$30,000 |
| Average Equipment fees |
$306,000 |
$288,000 |
$208,100 |
| Average Real estate fees |
$355,000 |
$342,125 |
$17,250 |
| Average Training fees |
NA |
$7,500 |
NA |
| Average Inventory fees |
$7,500 |
$20,000 |
$7,000 |
| Average Marketing fees |
$15,000 |
$10,000 |
$42,500 |
| Average Licenses and permits fees |
$1,750 |
$2,750 |
$1,900 |
| Average Insurance fees |
$7,500 |
$11,250 |
$9,250 |
| Average Admin fees |
NA |
NA |
NA |
| Average Personnel fees |
NA |
NA |
NA |
| Average Other fees |
$97,500 |
$33,450 |
$55,000 |
Bottom line
Einstein Bros. Bagels franchise costs run a total of $750,075. Before you decide to become a franchisee, compare the total costs against industry averages. And to learn more about financing
read our guide to franchise financing.
