H&H Bagels

H&H Bagels

Information based on 2024 FDD

Food & Beverage · Fast Casual

Investment min
$566K
Total: $566K–$830K
Avg gross revenue
$3M
Unit-level, 2024
Franchise fee
$40K
Per current disclosure
Royalty
6%
of gross revenue
Locations
3
Franchising since 2021

Description

What is H&H Bagels?

H&H Bagels stands as an iconic New York institution, bringing authentic Manhattan-style bagels to the masses since 1972. Known for their distinctive crispy exterior and perfectly chewy interior, H&H bagels are crafted using traditional methods that have been perfected over five decades. Each bagel is kettle-boiled and hearth-baked following time-honored recipes that have earned the brand its legendary status among bagel enthusiasts.

The franchise offers a proven fast-casual concept that combines the nostalgia of a classic New York bagel shop with modern operational efficiency. Their menu features an array of freshly baked bagels, creative spreads, signature sandwiches, and artisanal coffee offerings that cater to both breakfast and lunch crowds. The brand's commitment to quality ingredients and authentic preparation methods sets them apart in the competitive breakfast and lunch segment.

As a franchise owner, you'll benefit from H&H Bagels' strong brand recognition and loyal customer base. The company provides comprehensive training programs, covering everything from bagel-making techniques to business operations. Their support system includes site selection assistance, marketing strategies, and ongoing operational guidance to help franchisees succeed.

The business model is designed to capture multiple revenue streams throughout the day, from early morning commuters to lunch crowds and catering opportunities. With a focus on quality, consistency, and customer service, H&H Bagels offers entrepreneurs the opportunity to own a piece of New York's culinary heritage while building a successful business in their local community.
  • Authentic New York bagel heritage
  • 50+ years operational experience
  • Premium fast-casual market positioning
  • Strong breakfast daypart capture
  • Catering revenue opportunities
  • Differentiated authentic concept

Location Analysis

Where H&H Bagels wins

H&H Bagels, an iconic New York City brand established in 1972, currently maintains a select corporate presence with plans to expand through franchising. While historical data shows strong performance in dense urban markets, particularly in Manhattan, the franchise program is in its early stages of development. This presents a unique opportunity for early adopters to establish presence in untapped markets.

The ideal location profile for H&H Bagels emphasizes high-traffic areas with strong morning commuter patterns, proximity to office districts, and dense residential neighborhoods with median household incomes above $75,000. Target demographics include urban professionals, students, and food-conscious consumers who value authentic New York-style bagels.

Prime expansion opportunities exist in major metropolitan areas along the East Coast, particularly in cities with similar demographics to New York, such as Boston, Philadelphia, and Washington D.C. Secondary markets in college towns and affluent suburbs also show promise. Key location criteria should include: 1,800-2,500 sq ft spaces, strong visibility, accessible parking, and morning-side street positioning for optimal breakfast traffic.

While brand recognition is strongest in the Northeast, the concept's authentic New York heritage provides a competitive advantage in markets seeking premium breakfast and lunch options. Success will depend on selecting locations that combine strong demographic fundamentals with limited direct competition in the authentic bagel segment.
Total US locations
3
Franchise units
N/A
Corporate locations
3
Avg. sq. footage
N/A
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Financial Analysis

The numbers behind H&H Bagels

Avg gross revenue$2,761,618
Investment range$566,000 – $829,500
Investment midpoint$697,750
Brand fund2%
Royalty6%
Franchise fee$40,000
Min. net worth
Min. liquid capital
H&H Bagels requires an investment range of $566,000-$829,500, positioning it as a premium fast-casual opportunity above the sub-sector average of $406,514-$894,151. This established New York bagel institution, founded in 1972, brings authentic heritage to the competitive breakfast and lunch segment. The reported gross revenue of $2,761,618 substantially exceeds the fast-casual sub-sector average of $696,569, though this figure requires careful FDD review for exclusions and methodology. With only 3 units currently operating, the franchise represents an early-stage expansion opportunity despite its 50+ year operational history. This limited unit count suggests either selective growth or recent franchising initiatives, requiring thorough due diligence on franchisor infrastructure and support systems. The fast-casual sector benefits from consumer demand for quality, convenience, and authentic experiences, with bagels offering strong breakfast daypart capture and catering opportunities. Ideal investors should possess substantial liquid capital given the premium investment level, plus food service experience to navigate operational complexity. The brand's New York heritage provides differentiation in markets lacking authentic bagel concepts, though success depends heavily on execution and local market acceptance. Territory rights and development timelines warrant careful evaluation given the small existing footprint. Multi-unit development potential exists for qualified operators in underserved markets, though investors should assess franchisor capacity to support rapid expansion while maintaining brand standards and operational consistency.
Did you know? Starting your own H&H Bagels franchise - famous for their hand-rolled New York-style bagels that have been a Big Apple staple since 1972 - requires a total investment between $566,000 and $829,500, which includes the $40,000 franchise fee plus all equipment, buildout, and working capital needed to bring authentic bagel craftsmanship to your community.

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$566K–$830K
Most common
$566,000
Minimum
$697,750
Midpoint
$829,500
Maximum

Per FDD Item 7, total initial investment ranges from $566,000 to $829,500. The midpoint $697,750 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

FDD Item 19

Average gross sales

$4M$3M$2M$2M$800KN/A
$3M
$3M
$3M
2022
2023
2024
Avg
$3M
YOY change (2023 -> 2024)
+10%

According to Item 19 of the Franchise Disclosure Document, H&H Bagels has an average gross revenue of $3M. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Growth over time

Franchise footprint

0% YoY
432210
2020
2021
2022
2023
2024
3 units open as of 2024 FDD

2024 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for H&H Bagels's 2024 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2024 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a H&H Bagels franchise typically ranges between $566,000.00 and $829,500.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

H&H Bagels
H&H Bagels
$3M avg revenue · 0+ US franchises

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