Bagel Chains
Tips & Advice to help you make your decision on Bagel Chains
Are you tired of working for someone else? Have you always dreamed about opening your own business, but need a little help with marketing and outfitting the store? Do you enjoy the restaurant and food service business? Consider buying a franchise from one of the many bagel chains in the United States.
A franchise gives your business instant customer brand recognition. You aren't just Joe's bagel shop; you belong to a nationally or regionally-recognized company. Franchises also give you a wealth of resources to help your business be a success. There's marketing assistance, national advertising campaigns and training programs. For this help, the franchiser usually takes a small percentage of your profits in addition to the initial investment.
Look for a franchise that is well-loved in your area. A good company will be upfront about any costs or other terms as well as offer a comprehensive marketing and training package. A good franchiser won't just leave you to your own devices once they've collected your money.
When looking for bagel chains in which to invest, it's important to compare the products and services offered by several different companies. Business.com understands this and offers a large selection of restaurant franchises. Visit the links on the left to learn more about the products and services they offer.
Bagel Chains
Find franchise opportunities with bagel restaurant chainsBy Lori Carver Bagel chains are located in cities all over the country. Their menus offer a variety of bagels and pastries served with butter, cream cheese and a variety of other toppings. People like them because they can pick up a bagel on the run for breakfast at reasonable price without having to prepare it themselves.
Cash in on bagel store chains by opening your own in your city. Large conglomerates own these chains and franchise them out, so get the scoop on start up costs and other regulations. Decide if you will run it yourself or hire a management team. Look for the following when deciding on franchise terms for bagel chains:
1. Decide which bagel companies are right for you.
2. Locate bagel bakery chains by initial investment.
3. Weigh pros and cons in choosing your bagel franchise.
Check availability and pricing for bagel store franchises
Not every franchise has openings in your area. Once you have decided on a chain, contact them to find out if you can open a store in your area. If they have no need in your local area, they will send you a list of close areas that need a local restaurant. You can also decide on a restaurant chain based on total price or down payment needed. You can check your state to see which restaurant chains have openings.
Try: Bruegger's offers franchise opportunities across the country. They provide the financial and other requirements; if you meet them they will proceed to a face-to-face meeting with you. Einstein Noah Restaurant Group offers franchise opportunities with support to the franchise owner, including lease negotiation and training at a "bagel university".
Ask bagel shop franchises about initial investment
Initial investments for restaurant chains is usually high however, some cost less than others cost. Before you decide, find out exactly what monetary
commitments you will need to make upfront. Remember also, that the initial investment for the franchise fee only covers the franchise itself and you will still
need working capital for such expenses as electricity, phone and payroll.
Try: Atlanta Bread offers franchises with a franchise fee from $30,000 to $40,000. They require liquid assets of $300,000 to $400,000 and a net worth of $650,000. Their ongoing royalty fee is five percent. Panera Bread requires franchisees for its bakery cafe chain to open 15 locations over six years and come in with a net worth of $7.5 million.
Open bagel restaurants for immediate business
When you open a chain store, you are cashing in on the name of the franchise. People know that whether your store is in Maine or California they will get
the same menu and service and they stop at a familiar place. This is why you buy a franchise but the down side is there are tight regulations on franchises.
You will get your operating schedule, menu and décor from the company. If you fail to meet your obligations, which usually include buying all of your
supplies from them, you will lose your franchise.
Try: America's Best Franchises provides listings of all restaurant chains available. Check the one that interests you for all requirements before you buy. Franchise Gator lists available franchise opportunities with restaurant chains. Check hours of operation, where to buy supplies and training requirements before you invest.
- Purchase business insurance for bagel shops before you open for business. Make sure your insurance covers all hazards including accidents and food poisoning as well as the normal fire and theft.
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