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Promoted Opportunities
#494
Initial Investment
LOW: $294,700
HIGH: $398,100
Change in Units
+1.2% +0 UNITS (1 Year)
-13.5% -13 UNITS (3 Years)
Company Profile
Founded
1993
Franchising Since
1993 (24 Years)
Corporate Address
500 Lake Cook Rd., #475 Deerfield, IL 60015
CEO
Michael Evans
Parent Company
BAB Systems Inc.
Ticker Symbol
About Big Apple Bagels/My Favorite Muffin
Big Apple Bagels was founded in Deerfield, Illinois in 1993. In addition to bagels, the restaurant's menu includes muffins, omelets, coffee, sandwiches, salads and soups.
Financials
Financial Requirements
Initial Investment
$294,700 - $398,100
Net-worth Requirement
$300,000
Liquid Cash Requirement
$100,000
Ongoing Fees
Initial Franchise Fee
$25,000
Ongoing Royalty Fee
5%
Ad Royalty Fee
3%
Financing Options
Veteran Incentives
$10,000 off franchise fee
Units (Locations)
Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.
Operations & Franchisor Support
Training Onsite: 5 days
Training at headquarters: 5 days
Additional Training: Additional training as needed
Ongoing Support
Newsletter
Toll-Free Line
Grand Opening
Internet
Security
Field Operations
Marketing Support
Ad Slicks
Regional Media
Absentee Ownership Allowed
Number of employees required to run: 15
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Disclaimer
The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: August 25th, 2016
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