The Process
Q: How long does the franchisee approval process
take?
A: Depending on a number of variables,
including site availability, the process of opening a restaurant takes
approximately six to twelve months from initial contact to store
opening.
Q: What is the length of the franchise agreement?
A:
The initial term of your Einstein Bros.® franchise agreement is ten
years plus 2 five year options for renewal.
Q: Where can I find information on the franchisor's
financial statements (i.e., copy of the Franchise Agreement, list of
fees, royalties, initial franchise fees, etc.)?
A:
Some information is provided in the Dollars & Fees section, and the
details are all included in the Franchise Disclosure Document (FDD).
Dollars & Fees
Q: What will my initial investment be?
A:
The estimated initial investment to develop a franchise location ranges
from $536,300 - $828,850.
Q: What is your franchise fee?
A:
$35,000 for a single restaurant.
Q: What is the franchising royalty fee?
A:
The franchising royalty is 5% of gross sales.
Q: What are your advertising fees?
A:
Up to 5% of gross sales.
Q: How much profit can I expect to make?
A:
Our Franchise Disclosure Document (FDD) discusses sales ranges and
various operating costs you can anticipate as an Einstein Bros.®
franchisee. Your particular success will be based on a number of
variables including location, operating expenses, retail sales mix,
sales margins, occupancy costs, financing costs, and other factors.
Q: What is the minimum net worth and amount of
cash/liquid assets required to open a franchise?
A: We require a minimum net worth of $2.5 million with
$1 Million in available liquid assets.
Q: Does Einstein Bros.® offer financing as part of
the franchising process?
A: At this time, we do not.
You may pursue financing options through third parties.
Markets & Locations
Q: How do I know which development areas are
available and where the sites are within those markets?
A:
Visit the Availability
page to see the markets in which we are expanding. While we can't list
specific locations within the framework of a cursory search, the site
selection process helps you determine a site.
Q: What is the availability of opportunities in my
state and/or region?
A: While we are eligible to
franchise in 49 states and the District of Columbia, initially we are
targeting specific regions. See our Availability
page.
Q: Do you have any opportunities for international
Einstein Bros.® franchisees?
A: Our current
development plan does not include international franchising.
Staff & Staffing
Q: Do I need to work in my stores on a daily basis?
A:
No. However, each restaurant must have a full-time operating partner.
We're talking about a qualified General Manager who has passed our
certification requirements on the premises at all times. You should, in
addition, be prepared to manage and control your business on a daily
basis.
Q: How many employees does it take to operate an
Einstein Bros.® neighborhood restaurant?
A: For an
average crew, you can expect to hire 15 to 20 full-time and part-time
employees.
Site Selection & Square footage
Q: What should I look for in selecting a restaurant
site?
A: Once you become a franchisee we will provide you with an outline.
Q: What is the average size of an Einstein Bros.®
franchise?
A: Franchised Einstein Bros.® restaurants
range from 2,300 to 2,700 square feet.
Q: What are the restrictions for interior décor?
A:
Einstein Bros.® restaurants are decorated to defined system-wide
specifications and must meet trade dress requirements
Corporate Information
Q: Where can I find Einstein Bros.® press releases?
A:
You can access all press releases on the Einstein
and Noah Restaurant Group, Inc. website
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