COBS Bread franchise
2025 filing · October 24, 2025Shares sales figures
COBS Bread at a glance
A retail hot bread bakery, handed to the franchisee as a turn-key store. At the end of 2025 there were 7 COBS Bread locations in the US, 1 franchised and 6 company-owned, so most are run by the company itself.
The business
- Franchisor
- COBS USA Inc
- The company that sells the franchises
- Franchising since
- 2014
- 11 years of selling franchises
- Typical size
- 800–2,000 sq ft
What you pay
- Cost to open
- $934K–$1.27M
- A standard bakery
- Franchise fee
- $25,000
- Held from a $50,000 commitment fee, plus a $10,000 project management fee
- Royalty
- 7%
- 7% of net sales, paid weekly, plus 3% to advertising and marketing
- Brand fund
- 3%
- 3% of net sales, paid weekly
- Renewal fee
- See terms
- Our then current Franchise Purchase Fee (currently $25,000)
- Franchisor financing
- Some financing offered
Where it is
- US locations, 2025
- 7
- Franchised and company-owned
- Franchised
- 1
- Company-owned
- 6
- States
- 2
- Most in New York and Connecticut
From COBS USA Inc’s 2025 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
COBS Bread among all franchises with the same figure.
| Figure | COBS Bread | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $1,104,540 | Costs more than 85% of franchises |
| Franchise feePaid once, when you sign | $25,000 | Lower than 82% of franchises |
| RoyaltyShare of sales paid to the franchisor | 7% | Higher than 70% of brands with a set rate |
| US locationsFranchised and company-owned | 7 | Fewer than 66% of franchises |
How much a COBS Bread franchise costs
Opening a standard bakery costs an estimated $934,440 to $1,274,640. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: COBS USA Inc, 2025 filing, page 21
COBS Bread franchise fee
The franchise fee is $25,000, held from a $50,000 commitment fee, plus a $10,000 project management fee. You pay it when you sign the franchise agreement.
Source: COBS USA Inc, 2025 filing, page 12
Royalty and ongoing fees
| Royalty | 7% of net sales, paid weekly, plus 3% to advertising and marketing. |
|---|---|
| Brand or marketing fund | 3% of net sales, paid weekly. |
| POS FEE | $290 per month |
| RENEWAL FEE | Our then current Franchise Purchase Fee (currently $25,000) |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: COBS USA Inc, 2025 filing, page 17
Other fees as filed, from pages 15–18. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures COBS Bread publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: COBS USA Inc, 2025 filing, page 61
- Estimate Estimated yearly sales per location
- $880K–$1.6M
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
How COBS Bread compares
Of the 112 bakery franchises on this site, COBS Bread is the 104th cheapest to open and the 69th largest by number of locations.
| Figure | COBS Bread | Typical bakery brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $934K | $341K | $222K |
| Cost to open, high end | $1.27M | $720K | $477K |
| Franchise fee | $25K | $40K | $40K |
| Royalty | 7% | 6% | 6% |
| Brand fund | 3% | 2% | 2% |
| US locations | 7 | 16 | 21 |
| Change in franchised locations, 0 yrs | 0% | +4.3% | – |
| Shares earnings figures | Yes | 74 of 112 | 2,147 of 3,352 |
Typical is the median across the 112 brands in bakery franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned |
|---|---|---|
| 2023 | 1 (0) | 1 |
| 2024 | 1 (0) | 4 |
| 2025 | 1 (0) | 6 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating. Counts are U.S. locations; Canadian locations are listed separately in the filing.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: COBS USA Inc, 2025 filing, pages 64–65
Where COBS Bread locations are
At the end of 2025, COBS Bread had locations in 2 states. The most are in New York and Connecticut.
- New York4
- Connecticut3
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| New York | 0 | 4 | 4 |
| Connecticut | 1 | 2 | 3 |
Source: COBS USA Inc, 2025 filing, page 65
Who owns COBS Bread?
COBS Bread franchises are sold by COBS USA Inc.
From COBS USA Inc’s 2025 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: COBS USA Inc, 2025 filing, litigation on page 11, bankruptcy on page 11
COBS Bread filings
The figures on this page come from COBS USA Inc’s 2025 filing, issued October 24, 2025, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2025 filing | October 24, 2025 | NASAA depository | Costs, fees and locations, 2023–2025 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other bakery franchises
All bakery franchises
COBS Bread is also on these lists: retail franchises, food franchises.