
Big Apple Bagels/My Favorite Muffin
Bagels, sandwiches, muffins, coffee, smoothies- 2022 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$285K - $394K
- Units as of 2018
-
80 3.6% over 3 years
Company Overview
About Big Apple Bagels/My Favorite Muffin
- Industry
- Food
- Related Categories
- Baked Goods, Bagels, Coffee
- Founded
- 1993
- Parent Company
- BAB Systems Inc.
- Leadership
- Michael Evans, CEO
Franchising Overview
- Franchising Since
- 1993 (29 years)
- # of employees at HQ
- 14
- Where seeking
-
This company is seeking new franchisees in the following US states:
This company is seeking new franchisees in the following international regions:
- # of Units
- 80 (as of 2018)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Big Apple Bagels/My Favorite Muffin franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $25,000
- Initial Investment
- $284,500 - $394,000
- Net Worth Requirement
- $300,000
- Cash Requirement
- $100,000
- Veteran Incentives
- $10,000 off franchise fee
- Royalty Fee
- 5%
- Ad Royalty Fee
- 3%
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 60 hours
- Classroom Training
- 40 hours
- Additional Training
- At designated training store
- Ongoing Support
-
NewsletterToll-Free LineGrand OpeningSecurity & Safety ProceduresField OperationsSite SelectionFranchisee Intranet Platform
- Marketing Support
-
Regional AdvertisingMarketing Planning & SupportSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- Yes
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- # of employees required to run
- 7-12
- Are exclusive territories available?
- Yes
Work with our free FranCoach and get what you need to start a Big Apple Bagels/My Favorite Muffin franchise.
Franchise 500 Ranking History
Compare where Big Apple Bagels/My Favorite Muffin landed on this year’s Franchise 500 Ranking versus previous years.
Stock History for Big Apple Bagels/My Favorite Muffin
Ticker Symbol for Big Apple Bagels/My Favorite Muffin: OTCQB: B
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