Jeff's Bagel Run franchise research

Investment by format

Format-specific estimates only. Do not combine one format's minimum with another format's maximum.

Investment sourceFDD p.21 ↗

Franchise fees and ongoing costs

Franchise fee

$20,000 to $30,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review.

Royalty

6% · 6% of Gross Sales, debited daily (card sales) or at least monthly (other sales)

Marketing contribution

2% (basis not captured; see original filing)

Technology fee

Not captured

Other fees

Email account fee ($150/yr per account); insurance if franchisor must obtain it (~$4,000/yr); annual meeting expense ($299/attendee)

Working capital (FDD Item 7)

$58,000 to $85,000 (later revised range shown as $0 to $50,000 in one table variant) for staff salaries and operating expenses for the first 3 months, not including owner's salary/draw; minimum recommended levels, not guaranteed to be sufficient.

Fees sourceFDD p.15 ↗

Working capital is drawn from Item 7. The Investment source below locates the investment section, not an independently verified working-capital scalar.

Investment sourceFDD p.21 ↗

Franchise fee sourceFDD · page not captured ↗

Financial performance: Item 19

Item 19 captured

Yes

Metric / basis

Actual historical Sales and expenses (including COGS, Payroll, Rent, Gross Margin, Net Profit) for affiliate-operated stores, plus Sales-only data for franchise-operated stores

Reporting period

Calendar year 2025 (with monthly data for months 1-12 of operation and Q3/Q4 2024 vs 2025 comparisons)

Sample

Varies by table: up to 8 affiliate-operated stores for Table 1 (first-year monthly averages); 2 affiliate-operated stores open the entire year for Table 2 (annual); a small number of affiliate- and franchise-operated stores open the entire quarter for Table 3; affiliate- and franchise-operated stores in their first 18 months for Table 4. Four affiliate-operated stores tied to insiders (David Reiff, Justin Wetherill) are excluded from Tables 1-3.

Reported average

Not captured

Reported median

Not captured

Owner income is not captured. Gross sales and EBITDA are not owner pay. Results depend on the disclosed metric, sample and period; consult the full filing.

Item 19 performance sourceFDD p.60 ↗

Unit growth: Item 20

Reporting year

2025

Scope

franchised outlets

Starting outlets

Not captured

Year-end outlets

Not captured

Net change

Not captured

Derivation

Not captured: comparable counts or complete movements missing

Openings

Not captured

Terminations

Not captured

Non-renewals

Not captured

Other closures

Not captured

Reacquisitions

Not captured

Transfers

Not captured

Transfers are not closures. Net change is ending minus starting outlets for the stated scope and year, or complete openings less terminations, non-renewals, other closures and reacquisitions. Missing inputs stay unknown.

Unit growth sourceFDD p.88 ↗

SBA loan history

Loan activity

7 approvals

Activity window

FY2021-FY2026 YTD; snapshot 2026-06-30

Median SBA loan

$700,000

Median loan window

FY2023-FY2026 YTD through 2026-06-30

Median loan sample

7 loans

Historical charge-off share

Suppressed: fewer than 10 seasoned loans

Cohort

7(a) FY2010-2019 approvals

Numerator / denominator

0 / 0

Formula

CHGOFF / (PIF + CHGOFF + EXEMPT) × 100

This is a historical loan-level share, not a franchise failure probability or location survival rate. Loan size is not total investment. Other loan statuses are excluded from the seasoned denominator. Activity combines 7(a) and 504 approvals, excluding canceled and not-funded records; this is not a rolling five-year count. FY2024-25 franchise tags are sparse after directory suspension; fewer tagged loans do not establish brand decline. Recent charge-off cohorts are immature.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median loan amounts are financing context, not startup cost. The median window is separate from the seasoned charge-off cohort.

Median SBA loan sourceSBA data · Jun 30, 2026 ↗

Questions before you invest

How much does Jeff's Bagel Run franchise cost?

single store (Franchise Agreement): $596,722 to $1,097,972; area development (first store + development fee): $596,722 to $1,097,972 These are format-specific estimates, not a guaranteed cash requirement. Franchise fee: $20,000 to $30,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review..

Investment sourceFDD p.21 ↗

Franchise fee sourceFDD · page not captured ↗

How much do Jeff's Bagel Run owners make?

Owner income is not captured. Gross sales and EBITDA are not owner pay. Item 19 metric: Actual historical Sales and expenses (including COGS, Payroll, Rent, Gross Margin, Net Profit) for affiliate-operated stores, plus Sales-only data for franchise-operated stores. Sample: Varies by table: up to 8 affiliate-operated stores for Table 1 (first-year monthly averages); 2 affiliate-operated stores open the entire year for Table 2 (annual); a small number of affiliate- and franchise-operated stores open the entire quarter for Table 3; affiliate- and franchise-operated stores in their first 18 months for Table 4. Four affiliate-operated stores tied to insiders (David Reiff, Justin Wetherill) are excluded from Tables 1-3.. Period: Calendar year 2025 (with monthly data for months 1-12 of operation and Q3/Q4 2024 vs 2025 comparisons).

Item 19 performance sourceFDD p.60 ↗

What's the SBA charge-off rate for Jeff's Bagel Run?

Suppressed: fewer than 10 seasoned loans; numerator / denominator: 0 / 0. Historical 7(a) FY2010-2019 approvals; CHGOFF / (PIF + CHGOFF + EXEMPT) × 100, snapshot 2026-06-30. This is not a franchise failure probability. Median SBA loan: $700,000; window: FY2023-FY2026 YTD through 2026-06-30; sample: 7 loans. Median financing is not total investment.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median SBA loan sourceSBA data · Jun 30, 2026 ↗