Einstein Bros. Bagels franchise financing options

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 2022 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.

Franchise	Cost
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.

Equipment	Cost
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.

Real estate	Cost
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	Cost
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.

Inventory	Cost
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.

Marketing	Cost
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.

Licenses and permits	Cost
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	Cost
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.

Other	Cost
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 2022.

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:

1. Go to the Einstein Bros. Bagels franchising website and review its financial requirements, including cash-on-hand requirements.
2. Reach out to Einstein Bros. Bagels about in-house financing for franchisees.
3. 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.
4. Compare lenders based on amounts, interest rates and what types of personal and business credit history they accept.
5. Once you settle on a lender, gather all required documents, including account statements and assets.
6. 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.

	Qdoba Mexican Grill	Einstein Bros. Bagels	Moe's Southwest Grill
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.