How much does a PopUp Bagels franchise cost?
Opening a PopUp Bagels franchise takes a total initial investment of $312,600 to $884,150, according to the brand's 2025 Franchise Disclosure Document. That FDD makes no Item 19 financial performance representation, so it discloses no earnings figures at all.
PopUp Bagels franchises PopUp Bagels Shops. Category: Food & Beverage.
Item 7
What it costs to open a PopUp Bagels franchise
The franchisor's own estimated initial investment, as disclosed in its 2025 FDD. The total is $312,600 to $884,150. Each line below carries the FDD page it was read from.
Where the money goes
The largest costs are Construction/ Leasehold Improvements/ Buildout costs ($135,000 to $434,000), Fixtures, Furniture, and Equipment ($66,000 to $158,000), and Security Deposit ($1,750 to $72,000). Together they make up about 75% of the high-end estimate.
The initial franchise fee is $35,000, about 11% of the low-end total.
Our arithmetic from the Item 7 table below.
| Expenditure | Low | High | Source |
|---|---|---|---|
| Initial Franchise Fee2025 FDD, Item 7, p. 14 | $35,000 | $35,000 | 2025 FDD, Item 7, p. 14 |
| Construction/ | $135,000 | $434,000 | 2025 FDD, Item 7, p. 14 |
| One Month’s Rent2025 FDD, Item 7, p. 14 | $1,750 | $18,000 | 2025 FDD, Item 7, p. 14 |
| Security Deposit2025 FDD, Item 7, p. 14 | $1,750 | $72,000 | 2025 FDD, Item 7, p. 14 |
| Design and Architect Fee2025 FDD, Item 7, p. 14 | $5,000 | $39,000 | 2025 FDD, Item 7, p. 14 |
| Fixtures, Furniture, and Equipment2025 FDD, Item 7, p. 14 | $66,000 | $158,000 | 2025 FDD, Item 7, p. 14 |
| Signage (Exterior including awnings)2025 FDD, Item 7, p. 14 | $2,600 | $12,000 | 2025 FDD, Item 7, p. 14 |
| Menu Boards/ | $2,500 | $6,000 | 2025 FDD, Item 7, p. 14 |
| Point-of-Sale / | $8,700 | $10,850 | 2025 FDD, Item 7, p. 14 |
| Opening Inventory, Operating Supplies, and Opening Smallwares2025 FDD, Item 7, p. 15 | $13,800 | $27,500 | 2025 FDD, Item 7, p. 15 |
| Business and Operating Permits2025 FDD, Item 7, p. 15 | $4,500 | $14,800 | 2025 FDD, Item 7, p. 15 |
| Initial Training Travel & Living Expenses2025 FDD, Item 7, p. 15 | $2,500 | $14,000 | 2025 FDD, Item 7, p. 15 |
| Utilities2025 FDD, Item 7, p. 15 | $1,500 | $4,500 | 2025 FDD, Item 7, p. 15 |
| Insurance (3 months)2025 FDD, Item 7, p. 15 | $500 | $2,000 | 2025 FDD, Item 7, p. 15 |
| Professional Fees2025 FDD, Item 7, p. 15 | $6,500 | $6,500 | 2025 FDD, Item 7, p. 15 |
| Grand Opening Marketing Program2025 FDD, Item 7, p. 15 | $15,000 | $15,000 | 2025 FDD, Item 7, p. 15 |
| Additional Funds - 3 Months2025 FDD, Item 7, p. 15 | $10,000 | $15,000 | 2025 FDD, Item 7, p. 15 |
| Total estimated initial investment2025 FDD, Item 7, p. 14-15 | $312,600 | $884,150 | 2025 FDD, Item 7, p. 14-15 |
Source PopUp Bagels, 2025 FDD, Item 7, p. 14-15, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-15.
Item 19
What PopUp Bagels franchisees actually report earning
This brand's FDD publishes no Item 19.
We do not make any financial performance representations. We also do not authorize our employees or representatives to make any such representations either orally or in writing. If you are purchasing an existing outlet, however, we may provide you with the actual records of that outlet.
Source PopUp Bagels, 2025 FDD, Item 19, p. 55-56, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-15.
Item 20
How many PopUp Bagels outlets there are, and how many closed
PopUp Bagels had no franchised outlets open from 2022 through 2024, according to its FDD. At the end of 2024 it had 9 company-owned outlets.
| Year | Start | Opened | Terminated | Non-renewed | Reacquired | Ceased, other | End | Source |
|---|---|---|---|---|---|---|---|---|
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2025 FDD, Item 20, p. 57 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2025 FDD, Item 20, p. 57 |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2025 FDD, Item 20, p. 57 |
Source PopUp Bagels, 2025 FDD, Item 20, p. 57, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-15.
Compare
How PopUp Bagels compares with other Food & Beverage franchises
Measured against the 256 Food & Beverage franchises on this site, using each brand's own FDD.
- Cost to open. The middle of PopUp Bagels' estimated range is $598,375. It costs more to open than 53% of Food & Beverage franchises here.
- Earnings disclosure. 152 of the 256 Food & Beverage franchises here publish earnings figures in Item 19. PopUp Bagels is not one of them.
Our arithmetic from each brand's Item 7 and Item 20. Growth and departure comparisons leave out brands with fewer than 10 outlets, where one opening or closure distorts the figures. See every Food & Beverage franchise side by side.
Alert me when PopUp Bagels files a new FDD
Franchisors reissue their FDD at least once a year, and the Item 7 and Item 19 figures move. Leave an email and we will send you PopUp Bagels' updated numbers when the next document is published, plus the brand-comparison worksheet.
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