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General

Industry

Food and Beverage

Category

Retail

SBA Identifier

Year of Founding

1995

Fees

Marketing Fee

500 per month

Royalty Fee

5%

Franchise Fee

$29,500-$29,500

Investment Range

$119K-$209K

Location units

Total U.S. Locations

9

U.S. Franchised Units

9

U.S. Corporate Units

1

Headquarters (City)

Hackensack

Other

Item 19 - Franchise Financials

No

Financing Availability

no

Started Offering Franchises

2007

Issuance of FDD Data

08/01/2018

What to know about NYC Bagel & Sandwich Shop franchise?

The Franchisee will operate one or more retail stores which sell a full line of take-out bagels (baked on premises), gourmet coffees, gourmet sandwiches, wraps, salads and offers meeting and luncheon catering.

NYC Bagel & Sandwich Shop is based in Hackensack, NJ. Scroll down to learn more!

How much does a NYC Bagel & Sandwich Shop franchise cost?

Are you wondering how much is a NYC Bagel & Sandwich Shop franchise? Before starting a NYC Bagel & Sandwich Shop franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a NYC Bagel & Sandwich Shop franchise is $118,500 and can go all the way up to $208,500. Keep in mind, you should also allocate additional funds to live off of while the NYC Bagel & Sandwich Shop business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 NYC Bagel & Sandwich Shop franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a NYC Bagel & Sandwich Shop business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your NYC Bagel & Sandwich Shop franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

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Download our guide to compare NYC Bagel & Sandwich Shop. Hotels to the Retail, Outdoor Food and Beverage industry.

Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2016 7 1 3 6
2017 7 2 0 8

Additional Details

How much does a NYC Bagel & Sandwich Shop franchise owner make?

NYC Bagel & Sandwich Shop franchise earnings and revenue can vary significantly from one franchisee to another.
The NYC Bagel & Sandwich Shop franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

NYC Bagel & Sandwich Shop unfortunately does not disclose financials on how much NYC Bagel & Sandwich Shop franchise owners make. This means they do not disclose sales or earnings for franchisees operating in the U.S.

Every franchisor is required by law to disclose income statements and balance sheets for how the franchisor is performing but not for the franchisee level. Unfortunately, NYC Bagel & Sandwich Shop does not make it easy to understand franchisee financial performance. This can be seen as a red flag and it is important to be that much more diligent in your conversations with NYC Bagel & Sandwich Shop franchisees. Do note that NYC Bagel & Sandwich Shop is not alone as about 40% of franchises do not disclose franchisee financial performance.

At Vetted Biz, we suggest you to speak with 5 to 10 NYC Bagel & Sandwich Shop franchisees to understand how much money they are making from their NYC Bagel & Sandwich Shop business.

You should also speak to former NYC Bagel & Sandwich Shop franchisees to understand why they left the system. Did they sell their NYC Bagel & Sandwich Shop at a profit? Were they forced to close their NYC Bagel & Sandwich Shop franchise down because it kept losing money?

What is the NYC Bagel & Sandwich Shop franchise fee?

Owning a NYC Bagel & Sandwich Shop franchise requires 5% royalty fee and 500 per month marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the NYC Bagel & Sandwich Shop Franchise Disclosure Document

Keep in mind, there is also an initial NYC Bagel & Sandwich Shop franchise fee of $29,500 that is included in the initial investment amount of $118,500 to $208,500. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the NYC Bagel & Sandwich Shop franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the NYC Bagel & Sandwich Shop franchise fee of $29,500.

Visit the NYC Bagel & Sandwich Shop metrics tab to explore the financials for this business, royalty and marketing fees compare to other Food and Beverage franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was NYC Bagel & Sandwich Shop founded?

NYC Bagel & Sandwich Shop started offering franchises in 2007. NYC Bagel & Sandwich Shop was founded 27 years ago in 1995.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many NYC Bagel & Sandwich Shop locations are in the U.S.?

As of 2018, there were 9 locations across the U.S. There are also 1 corporate locations. Most Food and Beverage franchises like NYC Bagel & Sandwich Shop have more franchised locations than corporate locations.

How many NYC Bagel & Sandwich Shop franchises opened over the past few years?

Over the prior 3 years we have data for, NYC Bagel & Sandwich Shop has opened 3 outlets throughout the U.S. Visit the NYC Bagel & Sandwich Shop metrics tab to explore how the openings compare to other Food and Beverage franchises.

How many NYC Bagel & Sandwich Shop franchises closed over the past few years?

Over the prior 3 years we have data for, NYC Bagel & Sandwich Shop has closed 3 outlets throughout the U.S

Visit the NYC Bagel & Sandwich Shop metrics tab to explore how the openings compare to other Food and Beverage franchises.

Is NYC Bagel & Sandwich Shop growing? Are they opening more locations than they are closing?

The net unit growth rate for NYC Bagel & Sandwich Shop over the past 3 years is 0%. Over the last year we have data for, NYC Bagel & Sandwich Shop had a net unit growth rate of 29%.

Without a comparison, this number doesn’t mean much. Compare how the NYC Bagel & Sandwich Shop growth rate compares to 2,000+ other franchises and Industry franchises like NYC Bagel & Sandwich Shop. More info in the NYC Bagel & Sandwich Shop metrics tab.

Is NYC Bagel & Sandwich Shop franchise eligible for an SBA Loan?

NYC Bagel & Sandwich Shop is not eligible for SBA loans including the 7(a) loan last time we checked.

NYC Bagel & Sandwich Shop franchise does not have a SBA Franchise ID and was not in the SBA Franchise Directory. The SBA Franchise Directory will only include business models like NYC Bagel & Sandwich Shop that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria.

To find out more about the SBA loan program for franchising click here.

Is NYC Bagel & Sandwich Shop a franchise in the United States?

According to the SBA, NYC Bagel & Sandwich Shop does not meet the Federal Trade Commission (FTC) definition of a franchise.

Many popular brands like Starbucks and Topgolf are not franchises in the U.S. but franchise outside of the United States. Be sure the franchisor provides you with an updated Franchise Disclosure Document as this is one of the key indicators that the business opportunity is truly a franchise in the U.S.

The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items of about the franchise, its officers, and other franchisees. Be sure that NYC Bagel & Sandwich Shop provides you with an FDD if you are in discussion to buy a NYC Bagel & Sandwich Shop

What is the NYC Bagel & Sandwich Shop Franchise for Sale Rate?

The NYC Bagel & Sandwich Shop systemwide health and franchisee satisfaction can be measured by the NYC Bagel & Sandwich Shopfranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

NYC Bagel & Sandwich Shop franchise for sale rate over the past 3 years is 0%. Over the last year we have data for, NYC Bagel & Sandwich Shop had a franchise for sale rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the NYC Bagel & Sandwich Shop franchise for sale rate compares to 2,000+ other franchises and Industry franchises like NYC Bagel & Sandwich Shop. More info in the NYC Bagel & Sandwich Shop metrics tab.

What is the NYC Bagel & Sandwich Shop Franchise Failure Rate?

NYC Bagel & Sandwich Shop franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

NYC Bagel & Sandwich Shop failure rate over the past 3 years is 33%. Over the last year we have data for, NYC Bagel & Sandwich Shop had a franchise failure rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the NYC Bagel & Sandwich Shop franchise for sale rate compares to 2,000+ other franchises and Industry franchises like NYC Bagel & Sandwich Shop. More info in the NYC Bagel & Sandwich Shop metrics tab.

How can I find out more details on NYC Bagel & Sandwich Shop franchise?

Visit the NYC Bagel & Sandwich Shop metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

NYC Bagel & Sandwich Shop

$163,500

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

NYC Bagel & Sandwich Shop

5%

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

NYC Bagel & Sandwich Shop

$29,500

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

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Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

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Franchise Disclosure Document

Download Latest FDD (2018)

General

Industry

Food and Beverage

Category

Retail

SBA Identifier

Year of Founding

1995

Fees

Marketing Fee

500 per month

Royalty Fee

5%

Franchise Fee

$29,500-$29,500

Investment Range

$119K-$209K

Location units

Total U.S. Locations

9

U.S. Franchised Units

9

U.S. Corporate Units

1

Headquarters (City)

Hackensack

Other

Item 19 - Franchise Financials

No

Financing Availability

no

Started Offering Franchises

2007

Issuance of FDD Data

08/01/2018

Detailed Franchise metrics for NYC Bagel & Sandwich Shop

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for NYC Bagel & Sandwich Shop below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

NYC Bagel & Sandwich Shop

$29,500

Industry median

All franchises median

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Franchise Disclosure Document

Download Latest FDD (2018)

Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

NYC Bagel & Sandwich Shop

NA

33%

Industry median

All franchises median

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Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

NYC Bagel & Sandwich Shop

NA

0%

Industry median

All franchises median

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Business details

Website

https://***********.com

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Business email

**********@******.com

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Mailing address

2 University Plaza

State headquarters

New Jersey

Key leadership

NYC Bagel & Sandwich Shop

Phone

+1 (000) 0********00

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City

Hackensack

Zip code

07601
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