Manhattan Bagel

Manhattan Bagel

Information based on 2023 FDD

Food & Beverage · Donuts, Pastries, Bagels

Investment min
$537K
Total: $537K–$895K
Avg gross revenue
$723K
Unit-level, 2023
Franchise fee
$25K
Per current disclosure
Royalty
5%
of gross revenue
Locations
62
Franchising since 1991

Description

What is Manhattan Bagel?

Manhattan Bagel has been serving up authentic New York-style bagels and breakfast favorites since 1987, establishing itself as a beloved fixture in communities across the country. Known for their commitment to quality and traditional bagel-making methods, each location offers a diverse menu of freshly baked bagels, signature spreads, and made-to-order breakfast and lunch sandwiches that keep customers coming back.

What sets Manhattan Bagel apart is their dedication to crafting the perfect bagel – crispy on the outside, soft and chewy on the inside – using time-honored techniques and premium ingredients. Their menu features classic favorites like Everything and Plain bagels alongside innovative varieties such as French Toast and Jalapeño Cheddar, complemented by an extensive selection of house-made cream cheese spreads.

Beyond bagels, the franchise has built a reputation for exceptional customer service, with locations consistently praised for their friendly staff, efficient operations, and welcoming atmosphere. Whether customers are grabbing breakfast on the go or enjoying a leisurely weekend brunch, Manhattan Bagel delivers a consistently superior dining experience.

The brand has successfully adapted to modern consumer needs while maintaining its traditional roots, offering convenient online ordering, catering services, and a variety of healthy options including whole grain and gluten-free choices. For entrepreneurs looking to join the food service industry, Manhattan Bagel provides a proven business model in the growing breakfast and lunch segment, backed by decades of operational experience and a loyal customer base.
  • Over 35 years of proven operational experience since 1987
  • Authentic NY-style bagels boiled and baked fresh daily
  • Above sub-sector average gross revenue performance
  • Established multi-state regional presence
  • Comprehensive breakfast and lunch menu offerings
  • Strong brand positioning in growing artisanal food segment

Location Analysis

Where Manhattan Bagel wins

Manhattan Bagel maintains a concentrated presence in the Northeast, with locations across multiple states. The franchise shows strongest penetration in New Jersey and Pennsylvania, which together represent the majority of their market presence. This regional clustering suggests a strong brand recognition and supply chain efficiency in the Mid-Atlantic market, particularly within dense suburban communities.

The franchise's footprint aligns well with the Northeast's established bagel culture and breakfast-focused consumer habits. Key markets like New Jersey benefit from high population density, strong commuter presence, and demographic profiles that match the brand's target market. The strong concentration in the New Jersey/Pennsylvania corridor suggests successful operations in suburban retail corridors and shopping centers, as exemplified by their presence in Hamilton Township, NJ.

Growth opportunities exist in neighboring states where Manhattan Bagel has limited presence, particularly in New York and Connecticut. The brand's modest presence in New York, despite the state's strong bagel market, indicates potential for strategic expansion. Ideal locations should target suburban retail centers in middle to upper-middle-income areas with strong morning traffic patterns, proximity to office complexities, and residential densities of at least 50,000 within a 3-mile radius.
Total US locations
62
Franchise units
62
Corporate locations
0
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind Manhattan Bagel

Avg gross revenue$722,881
Investment range$537,200 – $894,700
Investment midpoint$715,950
Brand fund2.5%
Royalty5%
Franchise fee$25,000
Min. net worth
Min. liquid capital
Manhattan Bagel requires an initial investment of $537,200 to $894,700, positioning it as a mid-tier opportunity within the food service sector. This investment range aligns closely with the donuts, pastries, and bagels sub-sector averages of $515,392 to $960,348, indicating competitive market positioning. The franchise's reported gross revenue of $722,881 exceeds the sub-sector average of $700,949, demonstrating strong revenue performance within its market segment.

Established in 1987 with 62 units, Manhattan Bagel brings over 35 years of operational experience and system refinement to the marketplace. The franchise operates across multiple states including Delaware, Florida, North Carolina, New Jersey, Pennsylvania, and Virginia, indicating established regional brand recognition. The bagel shop segment benefits from consistent breakfast demand patterns and growing consumer preference for artisanal, fresh-prepared foods.

The brand's commitment to NY-style authenticity with daily boiled and baked bagels creates operational requirements for dedicated management and early-morning preparation capabilities. The breakfast-focused model offers potential for consistent daily traffic patterns.

Ideal investors should possess sufficient liquid capital for the mid-tier investment requirement, food service experience, and willingness to manage labor-intensive food preparation operations. Prospective franchisees should thoroughly review the FDD and conduct comprehensive due diligence to evaluate territory availability and market conditions.
Did you know? Did you know that bringing the authentic New York bagel experience to your community through a Manhattan Bagel franchise requires a total investment between $537,200 and $894,700, which covers everything from the $25,000 franchise fee to equipment, build-out costs, and working capital needed to serve fresh-baked bagels and specialty sandwiches from day one?

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

$537K–$895K
Most common
$537,200
Minimum
$715,950
Midpoint
$894,700
Maximum

Per FDD Item 7, total initial investment ranges from $537,200 to $894,700. The midpoint $715,950 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

$800K$640K$480K$320K$160KN/A
$536K
$723K
2021
2022
2023
Avg
$420K
YOY change (2022 -> 2023)

According to Item 19 of the Franchise Disclosure Document, Manhattan Bagel has an average gross revenue of $723K. (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

80644832160
2016
2017
2018
2019
2020
2021
2022
2023
62 units open as of 2023 FDD+62 in last 12 mo

2023 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Manhattan Bagel's 2023 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 2023 FDD

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

Buyer FAQs

Frequently asked questions

The initial investment for a Manhattan Bagel franchise typically ranges between $537,200.00 and $894,700.00. 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 2023. 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.

Manhattan Bagel
Manhattan Bagel
$723K avg revenue · 62+ US franchises

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