98 locations
The total investment to open a Einstein Bros. Bagels Franchise Corporation Noah's Bagels franchise ranges from $149,950 - $518,050. The initial franchise fee is $49,500. Ongoing royalties are 8% plus a 1% advertising fee. Einstein Bros. Bagels Franchise Corporation Noah's Bagels currently operates 98 locations. Data sourced from the 2025 Franchise Disclosure Document.
$149,950 - $518,050
$49,500
98
This franchise has not yet been scored by the Franchise Performance Index. Scores are calculated based on public FDD data, SBA loan performance, and system-level metrics.
Einstein Bros. Bagels, a prominent name in the fast-casual dining sector, offers a compelling franchise opportunity under the expansive umbrella of Panera Brands. The brand's origin traces back to 1995, when Einstein Bros. Bagels was founded, stemming from Progressive Bagel Concepts, Inc. (PBCI), an entity formed in March 1995 by Boston Chicken, Inc. (now Boston Market). PBCI embarked on a strategic acquisition path, integrating four distinct retail bagel chains from regions without established bagel traditions: Offerdahl's Bagel Gourmet from Fort Lauderdale, Bagel & Bagel from Kansas City, Baltimore Bagel from San Diego, and Brackman Brothers, Incorporated from Salt Lake City. This consolidation led to PBCI becoming Einstein Brothers Bagels, Inc. (EBBI) by December 1995. A vital component of the current brand, Noah's New York Bagels, was founded earlier in 1989 by Noah Alper in Berkeley, California, introducing authentic New York-style bagels to the West Coast. Noah's Bagels grew to 38 stores by 1996, the year it was acquired by Einstein Bros. Bagels for $100 million, a move that significantly broadened its market presence. Today, the Einstein Bros Bagels Franchise Corporation Noahs Bagels franchise specializes in a diverse menu, featuring freshly baked bagels, an extensive variety of cream cheeses and spreads, specialty coffees and teas, convenient breakfast sandwiches, a selection of baked sweets, and creative lunch items such as sandwiches and salads. The
Key performance metrics for Einstein Bros. Bagels Franchise Corporation Noah's Bagels based on SBA lending data
Investment Tier
Significant investment
$149,950 – $518,050 total
Estimated Monthly Payment
$1,552
Principal & Interest only
Einstein Bros. Bagels Franchise Corporation Noah's Bagels — unit breakdown
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