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Einstein Bros Bagels Properties For Sale

    



Interested in Purchasing a Einstein Bros Bagels for Investment?

  

If you wish to purchase a Einstein Bros Bagels property for investment, please email info@nnndeals.com; We have access to an extensive inventory of triple net lease Einstein Bros Bagels for sale in Washington DC, Maryland, Virginia and the entire United States. 

 

 

 

 

 

 
Price: 

$1M - $3M


Lease Term
:

10 – 15 Years


Increases:
 
10% Every 5 years 
Lease Extensions: 20 – 40 Years  

Lease Type
:
Absolute NNN Lease 

Lease
Guarantee: 

Corporate and Franchise
CAP Rate Ranges:
6% – 7%
Private
Industry quick-casual  [1]restaurant
Founded Golden, Colorado
Headquarters Lakewood, Colorado
Owner JAB Holding CompanyandBDT Capital Partners
Parent Einstein Noah Restaurant Group, Inc. [1]
Website EinsteinBros.com
 

    

  About Einstein Bros Bagels :

 

Einstein Bros. Bagelsis a bagel and coffee chain in the United States. 

Einstein Bros. was created by the chain restaurant corporation Boston Chicken(now  Boston Market) in 1995, as a way to market breakfast foods. The chain is now owned by Einstein and Noah Corp., a wholly owned subsidiary of Einstein Noah Restaurant Group, Inc.[1] 

In 2014, Einstein Noah Restaurant Group was acquired by JAB Holding Company and  BDT Capital Partners.[2] 

Boston Chicken, Inc. originally formed the Einstein and Noah Bagel Corporation as Progressive Bagel Concepts, Incorporated (PBCI) in March 1995, when it purchased three retail bagel chains, all located in regions of the United States that did not have longstanding bagel traditions. These companies included Offerdahl's Bagel Gourmet, Incorporated (Fort Lauderdale), Bagel & Bagel, Incorporated (Kansas City) and Brackman Brothers, Incorporated (Salt Lake City). Each found that their stores were similar in that they offered both original and new bagel flavors in rich neighborhoods where the customers had relatively little previous exposure to bagels.[3] 

Noah's Bagels was founded by Noah Alper on College Avenue in Berkeley, California. In 1996, the chain of 38 stores was sold to Einstein Bros. for $100 million.[4] 

New World Coffee, founded in the early 1990s by Ramin Kamfar, an investment banker who left his finance career to open a coffee shop.[5] It bought Manhattan Bagel out of bankruptcy in 1998.[6] The combined company purchased Washington, D.C.-based Chesapeake Bagel Bakery in 1999 when that chain had 89 stores, giving Manhattan approximately 350 locations.[7] 

By 2000, Einstein Bros. was in financial trouble, having loaned too much money to franchisees.[5] After it declared bankruptcy, New World Coffee, which had earlier attempted an unsuccessful hostile takeover, bought the company out of bankruptcy for $190 million.[8] 

 

Einstein Bros Bagels Properties For Sale Across the United States: 

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky,  Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey,  New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma,  Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Virgin Islands,  Washington, West Virginia,  Wisconsin,  Wyoming  



 

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