What will I receive as part of the Barry Bagels franchise system?
We will provide pre-opening training at our corporate training center. We will also provide you and your staff with on-site training around the time of your location's grand opening. As a franchise owner, you will have access to all of Barry Bagels' trademarks, products, our business model and procedures. We'll also present you with a copy of our confidential operations manual to help you run your bagel business properly on a day-to-day basis.
What type of prior experience do I need to have?
Barry Bagels franchise owners are not required to have prior foodservice or restaurant industry experience, but it can be helpful to understand the basics of running a foodservice business like ours. A solid understanding of business management is also important. But regardless of your background, we will provide the training and tools you need to run your Barry Bagels franchise effectively. We are seeking franchise candidates who have great customer relations skills, a strong work ethic, and a dedication to the local community. We expect franchise owners to be actively involved in the day-to-day operations and management of their locations. We also expect that franchise owners have adequate capital to invest in the business.
How much will the Barry Bagels franchise investment cost me?
The projected initial investment range for a single start-up location is between $249,000 and $514,000 including an initial franchise fee of $20,000 to $25,000 depending on the number of franchised stores opened pursuant to an area development agreement. As with any new business venture, it's important that you have the capital needed to adequately fund your new business.
Are there other ongoing fees paid to the franchisor?
Franchisees will be required to pay royalties equal to 6% of net sales in addition to the advertising fees described below. These royalties allow us to fund our ongoing support services and the continued development of products and procedures and systems upgrades.
Are there any advertising fees?
Franchisees will be required to contribute a maximum of 0.8% of net sales toward local marketing efforts in their territory. Franchisees will also contribute 1.2% of net sales into the systemwide marketing fund. Collected funds will be used to develop marketing strategies to promote the Barry Bagels brand and fund the creative costs to develop any local franchise marketing materials and campaigns.
Is financing available?
We do not offer direct financing to franchisees. We may be able to provide references to qualified financing or lending resources, on a case-by-case basis.
What is the term of the franchise agreement?
The initial term of your franchise agreement is 10 years, with the right to one subsequent renewal term of 10 years.
How do I get started?
If you're interested in finding out more about the Barry Bagels franchise, click here to request more information about our program. Or you can contact us at (419) 882-1010 or firstname.lastname@example.org to discuss the possibility of setting up a visit to view our operations, speak with key franchise management staff, and receive our FDD (Franchise Disclosure Document) which contains all the important details you'll need to make an informed decision.