Jeff's Bagel Run franchise cost in 2026: $575,722 to $997,972, a $30,000 fee, 6% royalty, 14 franchised stores, and an Item 19 covering affiliate stores.
Quick answer A Jeff's Bagel Run franchise costs $575,722 to $997,972 per the 2026 FDD, including a $30,000 franchise fee plus a $10,000 training fee, with a 6% royalty and a 2% ad fee. The system had 14 franchised stores at the end of 2025, and Item 19 reports affiliate-operated results only.
Fourteen. That is the number of franchised Jeff’s Bagel Run stores in existence on December 31, 2025, the cutoff date of the 2026 FDD, and thirteen of them opened during that single year. Another eleven stores are affiliate-owned, putting the whole system at 25 outlets. The franchisor, JBR Franchise Co, is a Florida corporation formed in March 2023 that began offering franchises that October.
Search interest in the brand runs far ahead of the system size, and most of that traffic is people hunting for a bagel rather than a franchise agreement. Discount the “everyone is searching for it” pitch accordingly.
The 2026 FDD does carry an Item 19. What it does not carry is a single profit figure describing a franchisee’s store, and the franchisor says so directly: JBR Franchise Co “has not yet collected financial statements from its franchisees, thus it cannot provide full financial information on the performance of its franchisees.”
| Item 7 line | Low | High |
|---|---|---|
| Initial franchise fee | $30,000 | $30,000 |
| Initial training fee | $10,000 | $10,000 |
| Construction and leasehold improvements | $250,000 | $439,204 |
| Kitchen equipment | $122,358 | $222,141 |
| Furniture, fixtures, POS hardware | $63,287 | $106,046 |
| Signage | $5,941 | $17,223 |
| Architectural fee | $7,500 | $18,775 |
| Grand opening fee | $10,000 | $10,000 |
| Additional funds, 3 months | $58,000 | $85,000 |
| Total | $575,722 | $997,972 |
Two lines there deserve a second read. The franchise fee gets quoted everywhere as $30,000, but a first-time buyer also owes a $10,000 initial training fee at signing, so the check on day one is $40,000. And the working capital line covers three months, on a store carrying up to $439,204 of leasehold improvements. Three months of reserve against a build that size is thin, and any ramp shortfall lands on your own balance sheet. One useful detail buried in the Item 7 footnotes: in 2025 the franchisor negotiated tenant improvement allowances ranging from $0 to $73,365, so the landlord contribution is a live variable worth pushing on before you sign a lease.
The recurring stack is heavier than the headline suggests. Item 6 sets a 6% royalty on gross sales, debited daily by a third-party processor, plus a 2% advertising fee. Section 8.2 of the franchise agreement then obligates you to spend another 2% of gross sales on local advertising. Roughly 10% of every dollar is committed before payroll, rent, or a single bag of flour. Item 15 closes the loop on your time: an individual franchisee must directly supervise the store on premises, and an entity must name an Operating Principal who devotes full time and best efforts solely to that store.
Pull the full JBR Franchise Co data sheet
Table 2-A of the 2026 FDD sorts affiliate-operated stores open the entire 2025 calendar year into three sales bands.
| 2025 affiliate store band | Average sales | Total expenses | Net margin |
|---|---|---|---|
| Over $1.4M | $1,421,960 | 53.6% | 18.5% |
| $1.2M to $1.39M | $1,260,719 | 54.6% | 16.3% |
| Below $1.2M | $821,416 | 65.1% | 2.4% |
A separate table follows eight affiliate stores through their first year, with average monthly sales climbing from $78,453 in months one through three to $95,848 in months ten through twelve, and net margin moving from 6.8% to 13.5%.
Read the label on all of it. Every one of those numbers comes from stores the franchisor or its affiliates own and operate. Four more affiliate stores were excluded from the analysis outright, two because a director’s entity owns 65% of them and JBR keeps neither the books nor day-to-day control, two because they sit under the company president with an unusual compensation structure. Royalty is imputed rather than actually paid on the two original legacy stores. What survives is a real, unusually detailed cost breakdown of company-side operations, and zero evidence about what an independent operator earns.
A franchisor incorporated in 2023 with 14 franchised stores, most of them open a matter of months, has almost nothing honest to report about franchisee profitability. The FTC Franchise Rule requires a reasonable basis for any performance claim. Publishing a median drawn from a handful of partial-year stores would manufacture precision that does not exist, and disclosing affiliate results with the segment labeled is more forthcoming than the alternative many young franchisors pick, which is no Item 19 at all.
The consequence still lands on you. Where a franchisor discloses franchisee economics, validation calls confirm or puncture a number you already hold. Here there is no number to test, so the entire underwriting burden shifts onto the calls themselves, and the call list is 14 people long. Our guide to what a missing Item 19 means covers the general case, and the under-50-unit risk profile covers what else tends to be unsettled at this stage: supply chain, field support ratios, and a franchise agreement that has not been stress-tested by a dispute.
| Jeff’s Bagel Run | Einstein Bros. Bagels | |
|---|---|---|
| Initial investment | $575,722 to $997,972 | $650,000 to $1,247,500 |
| Franchise fee | $30,000 plus $10,000 training | $35,000 |
| Royalty | 6% | 5% |
| Ad fund | 2% plus 2% local | 4% |
| Franchised units | 14 | 69 |
| Company or affiliate units | 11 | 395 |
| Item 19 median | none for franchisees | $1,033,905 |
| Item 19 sample | affiliate stores | 63 franchised units |
Einstein Bros. Bagels Franchise Corporation reports a $1,033,905 median across 63 franchised restaurants for the 53-week period ending December 31, 2024. The segment label carries as much weight as the figure. “All franchised units” is the cleanest description an Item 19 can wear, because nothing has been filtered to units open two years, or top-quartile performers, or company stores with corporate accounting behind them.
This is not an argument that Einstein is the better purchase. A system with 69 franchised restaurants against 395 company ones tells its own story about where that brand’s growth actually happens. The difference is what you can underwrite. One document hands you a franchisee number and a sample size. The other hands you a well-built P&L from stores you will never own. For the wider category, see our bakery and donut franchise rankings.
Item 20 records no terminations, non-renewals, transfers, or closures across 2023, 2024, and 2025. That is a clean record and a young one. A system cannot fail a test it has not yet sat.
Three specifics change how you work the call list. First, three affiliate stores were sold to franchisees during 2025, which means several of your 14 contacts bought a store with an existing trading history rather than building one from raw space. Those are the most informative conversations available and the least representative of what you would be doing. Second, ask the franchisor for the Item 19 table covering franchise-operated monthly sales through month eighteen, then ask how many stores sit in each grouping. Third, ask what changed between the 2025 and 2026 filings: the earlier document could only report on two stores over a year old, and the trajectory between the two versions tells you how fast the disclosure is maturing.
Then run the ordinary validation process against every name on the list rather than the three the development team suggests, and read the emerging-brand checklist before you commit capital. The brand is growing quickly and the affiliate-side cost structure looks competent. Neither of those facts is the same as evidence that a franchisee makes money, and the 2026 FDD does not offer that evidence yet.
Get the full Jeff’s Bagel Run FDD analysis for $49
Get the full 12-section FDD analysis — $49
Real franchise data, real Item 19 numbers, personalized to your capital and location. Comparing 2–3 brands? The 3-pack is $99.
Browse franchises · pick your brand Or see a real sample report →
Take the Jeff's Bagel Run numbers with you.
We'll email you the Jeff's Bagel Run FDD data sheet: a one-page PDF with the Item 7 investment range, initial franchise fee, royalty, and the Item 19 revenue headline. No spam, unsubscribe anytime.
✓ Check your inbox
The Jeff's Bagel Run data sheet is on its way.
The only franchise report written entirely for the buyer. 12 sections covering financial risks, legal obligations, and a personalized recommendation.
Browse Franchise Library See a real sample report →
$49 per brand · $99 for a 3-brand pack
jeffs bagel run franchise costbagel franchiseJBR Franchise Coitem 19emerging franchisefranchise validationFood & Beverage franchise
About this analysis The franchise data in this article is drawn from VetMyFranchise's structured analysis of 2,300+ Franchise Disclosure Documents filed with U.S. state regulators. See our data & methodology.
The 2026 FDD estimates $575,722 to $997,972 for a single store. That includes a $30,000 initial franchise fee, a $10,000 initial training fee, $250,000 to $439,204 of construction and leasehold improvements, $122,358 to $222,141 of kitchen equipment, and $58,000 to $85,000 of additional funds covering the first three months. Experienced Managers who spent two or more years running a Jeff's Bagel Run store pay a reduced $20,000 franchise fee and no training fee.
Partially. The 2026 Item 19 reports sales and expenses for affiliate-operated stores, including a 2025 table with three sales bands topping out at $1,421,960 in average annual sales. None of the profit-and-loss data describes a franchisee. JBR Franchise Co states in Item 19 that it has not yet collected financial statements from its franchisees and can only report franchise-operated sales pulled from its point-of-sale system.
The 2026 FDD counts 25 outlets as of December 31, 2025: 14 franchised and 11 affiliate-owned. Franchised units went from 1 to 14 during 2025. The brand's own press releases put the count at 35 open with more than 120 in development as of May 2026, which is a marketing figure rather than a disclosed one. Item 20 projects 31 new franchised outlets and lists 26 signed agreements not yet open.
It depends on which disclosure you read. Einstein Bros. Bagels reports a $1,033,905 median across 63 franchised restaurants for the 53-week period ending December 31, 2024. Jeff's Bagel Run's affiliate-operated stores in the top 2025 band averaged $1,421,960 in sales at an 18.5% net margin, while its lowest band averaged $821,416 with expenses consuming 65.1% of sales. The spread inside one small brand is the useful signal.
Only if you can replace the missing data with your own work. A system this size has no statistically meaningful Item 19, no long operating history to test, and a franchisee list short enough to call in a week. That last part is an advantage: call all 14, not the three the development team suggests. The risk is not that the brand is bad, it is that nothing in the document can tell you either way.
This page is part of VetMyFranchise. View all pages: llms.txt · llms-full.txt