As of Sep 30, 2014 the company operated 458 restaurants and licensed or franchised an additional 324 restaurants in 42 states and the District of Columbia.

In fiscal 2013, the company opened 10, refranchised 3 and closed 10 restaurants. In the first nine months of fiscal 2014, the company opened 52 restaurants (7 company-operated, 13 franchised and 32 licensed locations) and closed 22 locations (8 company, 4 franchised and 10 licensed). For the full year, the company expects the opening of 75 to 85 units system-wide, and the relocation of 7 to 10 units within 5 miles of original location.

All restaurants are on leased premises, with initial terms that are usually 5 to 10 years, with two or three 5-year renewal option periods, for total lease terms that average 10 to 20 years.

Restaurants are generally located in a neighborhood or regional shopping center. Einstein Bros. Bagels locations range from approximately 2,200 to 2,500 square feet, with seating for 40 guests. Noah's New York Bagels locations typically range from 1,400 to 1,800 square feet and typically have 20 tables. Manhattan Bagel locations typically range from 1,500 to 1,800 square feet and have 20 to 40 tables. Licensed Einstein Bros. locations average approximately 800 square feet.

TTM20132012201120102009
Company-operated restaurants458458461440431427
Company-operated restaurant growth0.2%-0.7%4.8%2.1%0.9%0.2%
Franchised restaurants424394355333302255
Franchised restaurant growth9.6%11.0%6.6%10.3%18.4%14.3%
Systemwide restaurants882852816773733682
Systemwide restaurant growth4.5%4.4%5.6%5.5%7.5%5.1%
Avg restaurant gross sq ft1,7001,7001,7001,7001,7001,800
Avg restaurant gross sq ft growth-1.1%-1.0%1.2%-1.2%-1.3%-1.8%

Notes:Reflects systemwide figures, including company-operated, franchised and licensed restaurants