The franchised business being offered is BARRY BAGELS, which operates retail establishments specializing in the sale of fresh-baked bagels, cream cheese, spreads, coffees, teas, soups, salads, and sandwiches for on-site and off-site consumption.
Corporate Structure
The franchisor is JMB Franchising, LLC, an Ohio limited liability company, organized on July 3, 2013, with principal offices at 5965 Renaissance Place, Toledo, Ohio 43623. The franchise program commenced on November 30, 2013. Its direct parent is JMB Restaurant Holdings, LLC.
Royalties and Marketing Fees
Royalties : 6.0% of revenue
Earnings Transparency
7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. Quick Service Restaurants (QSR) Industry
How much investment do I need to start my own Barry Bagels business?
Franchisees typically require at least $105,000 to $514,000 investment to get their Barry Bagels business started
What are the initial franchise fees for Barry Bagels?
Franchisees typically need to pay at least $30,000 in fees directly to Barry Bagels in order to earn the right to launch their business
How much money can I make with a Barry Bagels franchise? What are
the average revenues for a typical Barry Bagels business?
We estimate that the average revenue of an individual
Barry Bagels unit is approximately
$421,497. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Barry Bagels unit? What
is my contractual commitment?
Barry Bagels franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 10 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
9 /10
The Franchisor's investment costs ranges from
$105,000 to $514,000
which is
Much Lower
than the $0 to $0 average in the Quick Service Restaurants (QSR) industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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