Franchise Deep Dive: Barry Bagels Franchise Costs, Fees, Profit and Data

REPORTED COST TO GET IN: $99,000 to $514,000

REPORTED ROI (Item 19): See Below

Brand overview

Barry Bagels is an emerging family-owned-and-operated bagel concept that specializes in serving fresh bagels every day. Each Barry Bagels location also serves menu choices such as salads made from scratch, savory soups and fresh-baked cookies.

The franchise was established in 1972 in Toledo, Ohio by late founder Barry Greenblatt. The brand began offering franchise opportunities in 2013 and has since grown into a network of more than a dozen locations.

As of November 2023, there are approximately 16 Barry Bagels locations spanning across Michigan and Ohio. The brand is actively looking to expand into the following target markets:

• Indiana

• Kentucky

• Michigan

• Ohio

• Pennsylvania

• West Virginia

Business model

The core of Barry Bagels’ business model is offering fresh bagels that are boiled and seeded, then baked — not steamed — on a daily basis. The brand prides itself on offering fresh menu items, including soups, salads, and deli and breakfast sandwiches.

“We only serve the highest-quality premium sliced meats and cheeses, and our sandwiches are built to order,” the brand wrote on its website..

The brand also offers prospective franchisees the opportunity to realize multiple revenue streams, as owners can enjoy traditional retail revenue, including dine-in, carryout and third-party delivery orders. As well as catering and wholesale options, Barry Bagels locations frequently supply fresh bagels to schools, universities, hospitals, office complexes and local coffee shops.

Franchise support

Barry Bagels franchisees are not required to have prior industry experience, as the brand provides all necessary training and assistance to get your business up and running. Training includes:

• Guidance on site selection and lease terms, as well as specifications and layout

• A comprehensive pre-opening training program, as well as onsite and startup assistance

• Ongoing training, periodic field support visits and business meetings

• Access to an approved list of suppliers and distributors for key inventory items and proprietary food products such as bagels and cream cheese

• Advertising and marketing guidance to help promote your franchise within your community

• A copy of the brand’s confidential operations manual to help guide daily food preparation, staffing issues and business reporting

The ideal Barry Bagels franchisee will have great customer relations skills, a strong work ethic and a dedication to your local community. Franchise owners are expected to be actively involved in the day-to-day operations and management of their location.

Financial performance

Barry Bagels does not have a publicly available Item 19. However, according to third-party sources, in 2020, the average gross sales for a Barry Bagels franchised unit was $421,497. For a more updated breakdown of how much you can make as a franchisee, contact the team about reading the Franchise Disclosure Document (FDD), which will state the total earnings of any company or franchise-owned unit as a reference.

As of the publishing of this story, the initial investment to open a Barry’s Bagels franchise ranges from $99K to $514K.

The franchise fee required to open a Barry Bagels franchise ranges from $20K to $25K, depending on the number of franchise stores opening as per an area development deal. Franchisees will also be required to pay an ongoing royalty fee of 6% and contribute a maximum of 1% of net sales toward local marketing efforts, as well as another 1% for the system-wide marketing fund.

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