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Lox of Bagels
11801 Prestwick Rd.
Potomac, MD 20854
800#: (800) 879-6927
Tel:
Fax:
E-Mail: [email protected]
Web Site: www.bagelfranchises.com
Contact: Mr. Ted Taylor, Manager
Retail bagel bakery with gourmet coffees, espresso, juices and specialty breads.
Franchisor Background
Established: 1986
First Franchise: 1995
Franchise Units: 10
Company-Owned Units: 0
Total Units: 10
Distribution:
U.S. -- 10;
Canada -- 0;
International -- 0
-North America -- Operations in NR
-States/Provinces with Greatest Density: NR
Projected New Units Over Next 12 months: 25
Franchisee Qualifications: 4, 2, 1, 1, 5, 4
(Click here for an explanation)
Registered in Following Registration States: All States (Click here for an explanation)
Average Number of Employees: 3 FT, 3 PT (FT = Full Time, PT = Part Time)
Space Needs: 900-2,500 SF; FS, SF, SC
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $35K
Total Investment: $135-165K
Average Total Investment: $150.0K
Minimum Net Worth: $NR
Fees:
-Franchise: $19K
-Average Franchise Fee: $19.0K
-Royalty: 0%
-Average Royalty: .0%
-Advertising: 0%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 5/5
Passive Ownership: Allowed
Area Development Agreements: Yes/20
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: No
Cooperative Advertising: No
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 4
On-Going Support: C,D,E,F,I (Click here for an explanation)
Training: 4 Days On-Site.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: Europe
Note: NR = No Response by Franchisor.
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