Einstein Bros. Bagels, Noah's New York Bagels, Noah's Bagels
Source filing: WI · filed 2026-04-28
Item 5 — Initial franchise fee
$25,000 [p.16 · WI · 2026-04-28]
Item 6 — Recurring fees (royalty & advertising)
| Royalty | 5% of Gross Sales under the Franchise Agreement [p.17 · WI · 2026-04-28] |
|---|
Full Item 6 schedule (including one-time and conditional fees) is in the FDD itself.
Item 7 — Estimated initial investment (total)
$650,000 [p.26 · WI · 2026-04-28] – $1,247,500 [p.26 · WI · 2026-04-28]
Base single-franchise offering as stated in the FDD's total row. Multi-unit or area-development formats are not broken out here.
Item 20 — Outlets
| Franchised outlets at start of year | 63 [p.71 · WI · 2026-04-28] |
|---|---|
| Franchised outlets at end of year | 69 [p.71 · WI · 2026-04-28] |
| Net change in franchised outlets | 6 [p.71 · WI · 2026-04-28] |
| Transfers | 1 [p.71 · WI · 2026-04-28] |
| Terminations | 0 [p.74 · WI · 2026-04-28] |
| Non-renewals | 0 [p.74 · WI · 2026-04-28] |
| Ceased operations (other) | 0 [p.74 · WI · 2026-04-28] |
| Company-owned outlets at end of year | 395 [p.71 · WI · 2026-04-28] |
Item 19 — Financial performance representation
Headline cohort
Franchised Restaurants open full fiscal year 2025 · 52-week period from January 1, 2025 to December 30, 2025
| Outlets in sample | Average | Median | High | Low |
|---|---|---|---|---|
| 63 [p.65 · WI · 2026-04-28] | $1,083,972 [p.65 · WI · 2026-04-28] | $1,033,905 [p.65 · WI · 2026-04-28] | $2,097,619 [p.65 · WI · 2026-04-28] | $422,554 [p.65 · WI · 2026-04-28] |
All disclosed cohorts (6)
| Cohort | Outlets | Average | Median | High | Low |
|---|---|---|---|---|---|
| Company-Owned Restaurants open full fiscal year 2025 52-week period from January 1, 2025 to December 30, 2025 excluded: failed consistency checks |
Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| Franchised Restaurants open full fiscal year 2025 52-week period from January 1, 2025 to December 30, 2025 |
63 [p.65 · WI · 2026-04-28] | $1,083,972 [p.65 · WI · 2026-04-28] | $1,033,905 [p.65 · WI · 2026-04-28] | $2,097,619 [p.65 · WI · 2026-04-28] | $422,554 [p.65 · WI · 2026-04-28] |
| Company-Owned Restaurants with Drive-Thru open full fiscal year 2025 52-week period from January 1, 2025 to December 30, 2025 |
57 [p.66 · WI · 2026-04-28] | $1,268,209 [p.66 · WI · 2026-04-28] | $1,214,222 [p.66 · WI · 2026-04-28] | $2,384,736 [p.66 · WI · 2026-04-28] | $639,562 [p.66 · WI · 2026-04-28] |
| Franchised Restaurants with Drive-Thru open full fiscal year 2025 52-week period from January 1, 2025 to December 30, 2025 |
24 [p.66 · WI · 2026-04-28] | $1,274,009 [p.66 · WI · 2026-04-28] | $1,291,643 [p.66 · WI · 2026-04-28] | $2,097,619 [p.66 · WI · 2026-04-28] | $661,214 [p.66 · WI · 2026-04-28] |
| Company-Owned Restaurants without Drive-Thru open full fiscal year 2025 52-week period from January 1, 2025 to December 30, 2025 excluded: failed consistency checks |
Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| Franchised Restaurants without Drive-Thru open full fiscal year 2025 52-week period from January 1, 2025 to December 30, 2025 |
39 [p.66 · WI · 2026-04-28] | $967,027 [p.66 · WI · 2026-04-28] | $888,807 [p.66 · WI · 2026-04-28] | $1,743,348 [p.66 · WI · 2026-04-28] | $422,554 [p.66 · WI · 2026-04-28] |
Extraction notes
- Item 7 totals were extracted with model assistance and verified against the cited page.