Liberty Bagels vs Black Sheep Coffee
Franchise Comparison 2026
Both Liberty Bagels and Black Sheep Coffee are quick-service restaurants franchises. Liberty Bagels requires an investment of $804K – $1.3M while Black Sheep Coffee requires $738K – $1.4M. Liberty Bagels discloses average revenue of $3.6M; Black Sheep Coffee does not report Item 19 data. FranchiseVerdict rates Liberty Bagels A (Top Quintile) and Black Sheep Coffee D (Below Average).
| Metric | Liberty Bagels | Black Sheep Coffee |
|---|---|---|
| Verdict Grade | ATop QuintileTop Quintile | DBelow AverageBelow Average |
| Investment Range | $804K – $1.3M | $738K – $1.4M |
| Franchise Fee | $40K | $40K |
| Royalty Rate | 5.0% | 7.0% |
| Average Revenue (Item 19) | $3.6M | N/A |
| SBA Charge-Off Rate | N/A | Limited data |
| Total Units | 4 | 2 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2025 | 2024 |
| FDD Year | 2025 | 2025 |
Investment Range
$804K – $1.3M
$738K – $1.4M
Franchise Fee
$40K
$40K
Royalty Rate
5.0%
7.0%
Average Revenue (Item 19)
$3.6M
N/A
SBA Charge-Off Rate
N/A
Limited data
Total Units
4
2
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2025
2024
FDD Year
2025
2025