OWN A BROOKLYN WATER BAGEL RESTAURANT
Believing that there are no shortcuts to creating quality products, The Original Brooklyn Water Bagel Co. ®never deviates from the old-world artisan recipe for making bagels and uses only the freshest, high-quality ingredients, including our proprietary water.
We are currently searching for highly qualified franchisee candidates to partner with us to propel the growth of our concept. Many current and new trade areas are available for the right individuals.
You must commit to spending the majority of your time in the day to day operation of your restaurant(s). Alternatively, you may designate an Operating Partner to fill this role.
You or your Operating Partner must have a proven track record as an owner or operator in QSR, fast casual, restaurant dining, or a retail business.
You or your Operating Partner must have familiarity with the trade area that you desire to develop.
You and your Operating Partner must demonstrate the enthusiasm, drive, and passion required to operate a Brooklyn Water Bagel restaurant to our high standards.
Including all your partners, you must have a minimum liquidity of $250,000 and a minimum net worth of $500,000 per restaurant to be developed. Additionally, there must be no bankruptcies and you must have the ability to finance the remaining investment of approximately $400,000 to $550,000.
FREQUENTLY ASKED QUESTIONS
What type of support do I get with a Brooklyn Water Bagel franchise?
You get access to our brand recipes & procedures, vendors, training, store build-out & trade dress, website, social media, mobile ordering, rewards program, gift card program, on-going coaching, etc.
What are the Brooklyn Water Bagel franchise fees?
Our initial franchise fee is $35,000 per location. Our continuing royalty fee is 6% of gross sales and our brand marketing fund contribution fee is 2% of gross sales.
Do I need to have a location in mind?
You must be very familiar with the trade area that you want to develop. We will discuss your options for securing a specific restaurant location during the franchise evaluation process.
Can I secure a territory to develop multiple Brooklyn Water Bagel restaurants?
Depending upon your qualifications, we will award franchisees for multiple restaurants (under a Multi-Unit Operator Agreement).
What is the typical cost of a Brooklyn Water Bagel restaurant?
Our FDD lists a range of $632,900 to $797,000 for the standard in-line unit.
What are the typical store hours of operation?
At a minimum, 6am – 3pm/ 7 days a week/ 365 days a year
THE PATH TO FRANCHISING
We’ve made the path to franchising as simple as we can, and it all starts with a friendly conversation.
We don’t sell franchises. We award them to qualified people who can build on our brand success. So, let’s get to know each other and see if it’s a good fit. Reach out today by filling out the inquiry form below, and we will be in touch to set-up an introductory call.
Once both of us agree that Brooklyn Water Bagel is a great fit, you’ll be invited to apply for franchise candidacy. This is where we will collect more detailed information about yourself and any partners to help us move forward in the qualifying process. A follow-up call may be scheduled to discuss the application/verify qualifications before sending out a copy of our Franchise Disclosure Document for your review.
Review our Franchise Disclosure Document (FDD). The FDD is an extremely detailed document that will provide the detail necessary for you to make an informed decision about our franchise offering.
Discuss trade area and market research in anticipation of Discovery Day. You will begin conducting market and demographic research on those potential trade areas.
Brooklyn Water Bagel will conduct a background and credit check on the franchise candidate(s).
Come visit us in Delray Beach, FL. This is your opportunity to meet our senior management team and staff, view our operation, and hear more about the long-term vision for our brand.
The Executive Team meets to discuss the awarding of your franchise.
We sign and execute the franchise agreement and/or multi-unit operator agreement. This is when the journey with Brooklyn Water Bagel really begins.