Metro Bagel & Sandwich
Bagels, sandwiches, coffee- Units as of 2019
-
6 Yearly data not available%
- 2021 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$83K - $228K
Company Overview
About Metro Bagel & Sandwich
- Industry
- Food
- Related Categories
- Baked Goods, Bagels, Miscellaneous Sandwiches
- Founded
- 2013
- Parent Company
- Ace 15 Holdings
- Leadership
- Marc August, CEO
Franchising Overview
- Franchising Since
- 2018 (3 years)
- # of employees at HQ
- 3
- Where seeking
-
This company is seeking new franchisees throughout the US.
- # of Units
- 6 (as of 2019)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Metro Bagel & Sandwich franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $26,000
- Initial Investment
- $83,000 - $227,500
- Net Worth Requirement
- $200,000
- Cash Requirement
- $50,000
- Veteran Incentives
- 15% off franchise fee
- Royalty Fee
- $750/mo.
- Ad Royalty Fee
- $500/mo.
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- In-House Financing
- Metro Bagel & Sandwich offers in-house financing to cover the following: inventory, accounts receivable, payroll
- Third Party Financing
- Metro Bagel & Sandwich has relationships with third-party sources which offer financing to cover the following: startup costs, equipment
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 40 hours
- Classroom Training
- 10 hours
- Ongoing Support
-
Purchasing Co-opsNewsletterToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary Software
- Marketing Support
-
Ad TemplatesRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- Are exclusive territories available?
- No
Franchise 500 Ranking History
Compare where Metro Bagel & Sandwich landed on this year’s Franchise 500 Ranking versus previous years.
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