Franopolis

    Big Apple Bagels

    Franchise research report · reviewed 2026 disclosure data

    Researching Big Apple Bagels franchise opportunities? Every figure below is cited to the FDD.

    Reviewed sources
    Headquarters
    Deerfield, Illinois 60015
    Source: bigapplebagelsfranchising.com

    BIG APPLE BAGELS franchise specializes in freshly baked bagels, breakfast items, and deli-style fare, serving communities with New York-inspired bagel shop expe

    Headline figures

    Quick facts

    How much does it cost to open a Big Apple Bagels franchise?
    The Big Apple Bagels Franchise Disclosure Document reports separate estimated initial investments by format: $331,500 for l funds - 3 months (13) $ 8 ,000 - $1 5 ,000 varies as incurred third parties totals — 331500 (2026 FDD, Item 7, PDF p. 30); $45,000 for (2) $40,000 - $160,000 lump sum when you sign the franchise agreement bab totals (3) — 45000 (2026 FDD, Item 7, PDF p. 34); $512,500 for funds - 3 months (13) $ 12 ,000 - $1 8 ,000 varies as incurred third parties totals — 512500 (2026 FDD, Item 7, PDF p. 26). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
    What ongoing fees does Big Apple Bagels charge?
    The disclosed ongoing royalty is $5 (2026 FDD, Item 6, PDF p. 21). The brand or advertising fund contribution is $3 (2026 FDD, Item 6, PDF p. 21). Other recurring fees are listed in Item 6. Details
    Does Big Apple Bagels disclose financial performance (Item 19)?
    Yes. The Big Apple Bagels FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 77). Figures apply only to the locations and period each one covers. Details
    How many Big Apple Bagels locations are there?
    The FDD reports 96 outlets at the end of 2025 (2026 FDD, Item 20, PDF p. 81). Existing locations do not indicate territory availability. Details

    From reviewed FDD figures only. Not a recommendation or projection.

    What the disclosures show

    1. 1The 2026 FDD (Item 7) estimates opening costs separately by format: $331,500 (l Funds - 3 months (13) $ 8 ,000 - $1 5 ,000 Varies As incurred Third Parties TOTALS — 331500); $45,000 ((2) $40,000 - $160,000 Lump Sum When you sign the Franchise Agreement BAB Totals (3) — 45000); $512,500 (Funds - 3 months (13) $ 12 ,000 - $1 8 ,000 Varies As incurred Third Parties TOTALS — 512500); several initial fee options apply.
    2. 2Item 19 covers 5 separate groups: other measures and revenue for 12 Franchised locations; other measures and revenue for 11 Franchised locations; revenue and other measures for 12 Franchised locations; revenue and other measures for 12 Franchised locations; other measures and revenue for 12 Franchised locations. They are not combined.
    3. 3Outlets declined by 2 in 2025, to 96 (UnitedStates, as labeled in the FDD, Item 20).

    From reviewed FDD figures only. Not a recommendation or projection.

    Costs · Items 5–7

    What does it cost to open?

    Estimated opening costs and the fees payable to the franchisor.

    Startup Investment — Item 7

    Range across 3 single-unit formats

    2026 FDD · Item 7

    Formats disclosed in Item 7 (3)

    Each format has its own total. The total depends on the format you choose.

    • (2) $40,000 - $160,000 Lump Sum When you sign the Franchise Agreement BAB Totals (3) — 45000PDF p. 34$45,000
    • l Funds - 3 months (13) $ 8 ,000 - $1 5 ,000 Varies As incurred Third Parties TOTALS — 331500PDF p. 30$331,500
    • Funds - 3 months (13) $ 12 ,000 - $1 8 ,000 Varies As incurred Third Parties TOTALS — 512500PDF p. 26$512,500

    Ongoing Fees — Item 6

    Selected recurring charges; payment bases and conditions remain attached to each fee.

    6. OTHER FEES A. FRANCHISE AGREEMENT Type of Fee Amount Due Date Remarks Royalty Fee — 5%Main ongoing fee

    57 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.

    Financial Performance — Item 19

    What results are disclosed—and for which locations?

    5 separate populations, shown apart. Revenue is not owner income.

    Locations counted: not stated in the reviewed record

    Revenue and other measures · 12 locations

    Who is counted
    Quartile1 productionstores
    Excluded
    Company/affiliate,satellite,opened/closedwithinyear,incomplete52weekreportsexcluded;2025total47,2024total48.
    Method
    Unauditedgrossrevenues inclbarter,catering,wholesale,businessinterruptinsurance;excluding taxes,refunds,approvedrebatesdiscountsallowances. Quartiles rankedbygrossrevenue;notprofit.

    Locations counted: not stated in the reviewed record

    Revenue and other measures · 11 locations

    Who is counted
    Quartile2 productionstores
    Excluded
    Company/affiliate,satellite,opened/closedwithinyear,incomplete52weekreportsexcluded;2025total47,2024total48.
    Method
    Unauditedgrossrevenues inclbarter,catering,wholesale,businessinterruptinsurance;excluding taxes,refunds,approvedrebatesdiscountsallowances. Quartiles rankedbygrossrevenue;notprofit.

    Locations counted: not stated in the reviewed record

    Revenue and other measures · 12 locations

    Who is counted
    Quartile3 productionstores
    Excluded
    Company/affiliate,satellite,opened/closedwithinyear,incomplete52weekreportsexcluded;2025total47,2024total48.
    Method
    Unauditedgrossrevenues inclbarter,catering,wholesale,businessinterruptinsurance;excluding taxes,refunds,approvedrebatesdiscountsallowances. Quartiles rankedbygrossrevenue;notprofit.

    Locations counted: not stated in the reviewed record

    Revenue and other measures · 12 locations

    Who is counted
    Quartile2 productionstores
    Excluded
    Company/affiliate,satellite,opened/closedwithinyear,incomplete52weekreportsexcluded;2025total47,2024total48.
    Method
    Unauditedgrossrevenues inclbarter,catering,wholesale,businessinterruptinsurance;excluding taxes,refunds,approvedrebatesdiscountsallowances. Quartiles rankedbygrossrevenue;notprofit.

    Locations counted: not stated in the reviewed record

    Revenue and other measures · 12 locations

    Who is counted
    Quartile4 productionstores
    Excluded
    Company/affiliate,satellite,opened/closedwithinyear,incomplete52weekreportsexcluded;2025total47,2024total48.
    Method
    Unauditedgrossrevenues inclbarter,catering,wholesale,businessinterruptinsurance;excluding taxes,refunds,approvedrebatesdiscountsallowances. Quartiles rankedbygrossrevenue;notprofit.

    These groups are never combined.

    Outlet Changes — Item 20

    How has the outlet count changed?

    UnitedStates, as labeled in the FDD · counts as of November30,November30,2025 of each year.

    2026 FDD · Item 20 · PDF p. 81

    Net −2 outlets, 2023–2025

    09820239820249620250−2

    Year-end counts reported in Item 20. The scale starts at zero, so the line looks nearly flat; the labels between the dots show each year's change. Openings and closures for 2025 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.

    Questions to investigate

    Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.

    For the franchisor

    • Which line items in the 2026 Item 7 estimate ($45,000 – $512,500) vary most by market, and why?

    • Which initial fee option would apply to my situation, and what conditions or discounts affect it?

    • Which locations are included in the Item 19 figures, and which were excluded?

    • Reported units decreased from 98 to 96 in 2025. What drove the change?

    • Is a territory available in my area, and how is it defined in my agreement?

    For current and former owners

    • How did your actual startup costs and timeline compare with the Item 7 estimate?

    • How many hours a week do you work in the business, and in what role?

    • How do your results compare with the Item 19 figures, and what explains the difference?

    • What support from the franchisor has been most and least useful?

    For your advisors

    • Ask a franchise attorney to review the territory, renewal, transfer and termination terms.

    • Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.

    Sources & vintage history

    Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.

    Citations (2026 FDD)

    1. [1]Item 19 — Locations counted not stated in the reviewed record — Quartile1 productionstores · PDF p. 77
    2. [2]Item 19 — Locations counted not stated in the reviewed record — Quartile2 productionstores · PDF p. 77
    3. [3]Item 19 — Locations counted not stated in the reviewed record — Quartile3 productionstores · PDF p. 77
    4. [4]Item 19 — Locations counted not stated in the reviewed record — Quartile2 productionstores · PDF p. 77
    5. [5]Item 19 — Locations counted not stated in the reviewed record — Quartile4 productionstores · PDF p. 77
    6. [6]Outlet counts — Item 20, Table 1 · PDF p. 81

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page. Source document: FDD

    Territory & operations

    51 addresses in Franopolis's imported location list. Coverage may differ from Item 20 outlet counts.

    These are contract disclosures, not confirmation that any territory is currently available.

    Legal & agreement

    Franchisor financial statements

    Fiscal yearMeasureReported value
    2025net income$467,705
    2025marketing fund contributions receivable from franchisees$19,930
    2025cash, including restricted cash$2,310,223
    2025less accumulated depreciation and amortization-$131,818
    2025retained earnings$9,761,276
    2025prepaid expenses and other assets-$10,384
    2025provision/(benefit) for income taxes current$164,395
    2025deferred$19,028
    2025net cash used in investing activities-$440,891
    2025retained earnings, end of year$9,761,276
    2025issuance of note receivable-$2,500
    2025retained earnings, beginning of year$9,293,571
    2025deferred income tax$19,028
    2025advances to affiliates-$439,294
    2025net cash provided by operating activities$413,825
    2025other non-current liabilites deferred franchise fee revenue$123,179
    2025deferred income taxes$209,478
    2025total non-current liabilities$332,657
    2025total liabilities$852,244
    2025additional paid-in-capital$192,500
    2025prepaid expenses and other current assets$56,558
    2025total current assets$2,422,709
    2025property and equipment furniture and fixtures$18,041
    2025equipment$116,974
    2025property and equipment, net$3,197
    2025goodwill$1,260,111
    2025total other assets$1,260,111
    2025total assets$3,686,017
    2025accounts payable and accrued expensesMore than one value recorded for this year — open the FDD source before comparing$325,617
    2025unexpended marketing fund franchisee contributionsMore than one value recorded for this year — open the FDD source before comparing$169,033
    2025deferred franchise fee revenueMore than one value recorded for this year — open the FDD source before comparing$24,937
    2025total current liabilities$519,587
    2025due from bab operations-$2,720,287
    2025total stockholders' equity$2,833,773
    2025total liabilities and stockholders' equity$3,686,017
    2025royalty fees from franchised stores$1,984,438
    2025franchise fees and other$144,002
    2025marketing fund revenue$1,142,281
    2025income from operations$650,366
    2025interest income$762
    2025income before income taxes$651,128
    2025operating activities net income$467,705
    2025depreciation$400
    2025provision for doubtful accounts-$1,753
    2025trade accounts, notes and lease receivable$20,145
    2025marketing fund contributions receivable-$2,536
    2025accounts payable and accrued expensesMore than one value recorded for this year — open the FDD source before comparing-$79,726
    2025unexpended marketing fund franchisee contributionsMore than one value recorded for this year — open the FDD source before comparing$4,277
    2025deferred franchise fee revenueMore than one value recorded for this year — open the FDD source before comparing-$3,331
    2025investing activities sale of equipment$4,500
    2025decrease)/increase in cash-$27,066
    2025cash and restricted cash, beginning of year$2,337,289
    2025cash and restricted cash, end of year$2,310,223
    2024total non-current liabilities$320,544
    2024total current liabilities$591,452
    2024goodwill$1,260,111
    2024provision/(benefit) for income taxes current$165,857
    2024net income$433,770
    2024unexpended marketing fund franchisee contributionsMore than one value recorded for this year — open the FDD source before comparing$164,756
    2024total assets$3,717,357
    2024total stockholders' equity$2,805,361
    2024retained earnings, beginning of year$8,859,801
    2024additional paid-in-capital$192,500
    2024marketing fund revenue$1,176,663
    2024income before income taxes$603,777
    2024accounts payable and accrued expensesMore than one value recorded for this year — open the FDD source before comparing$79,167
    2024net cash used in investing activities-$181,562
    2024other non-current liabilites deferred franchise fee revenue$130,094
    2024deferred income taxes$190,450
    2024total liabilities$911,996
    2024in$2,310,223
    2024marketing fund contributions receivable from franchisees$17,394
    2024prepaid expenses and other current assets$50,673
    2024total current assets$2,457,246
    2024property and equipment furniture and fixtures$18,041
    2024equipment$113,377
    2024less accumulated depreciation and amortization-$131,418
    2024total other assets$1,260,111
    2024accounts payable and accrued expensesMore than one value recorded for this year — open the FDD source before comparing$405,343
    2024deferred franchise fee revenueMore than one value recorded for this year — open the FDD source before comparing$21,353
    2024retained earnings$9,293,571
    2024due from bab operations-$2,714,837
    2024total liabilities and stockholders' equity$3,717,357
    2024royalty fees from franchised stores$1,994,814
    2024franchise fees and other$160,133
    2024income from operations$601,703
    2024interest income$2,074
    2024deferred$4,150
    2024retained earnings, end of year$9,293,571
    2024operating activities net income$433,770
    2024provision for doubtful accounts$22,230
    2024deferred income tax$4,150
    2024trade accounts, notes and lease receivable-$278
    2024marketing fund contributions receivable-$2,399
    2024prepaid expenses and other assets$14,253
    2024unexpended marketing fund franchisee contributionsMore than one value recorded for this year — open the FDD source before comparing-$37,068
    2024deferred franchise fee revenueMore than one value recorded for this year — open the FDD source before comparing-$40,673
    2024net cash provided by operating activities$484,811
    2024investing activities sale of equipment$16,700
    2024advances to affiliates-$172,652
    2024issuance of note receivable-$25,610
    2024decrease)/increase in cash$303,249
    2024cash and restricted cash, beginning of year$2,034,040
    2023income from operations$610,468
    2023retained earnings, beginning of year$8,426,874
    2023trade accounts, notes and lease receivable-$32,537
    2023royalty fees from franchised stores$1,944,894
    2023net income$432,927
    2023provision for doubtful accounts$18,000
    2023accounts payable and accrued expenses$7,312
    2023deferred$19,448
    2023provision/(benefit) for income taxes current$158,549
    2023unexpended marketing fund franchisee contributions-$89,563
    2023cash and restricted cash, end of year$2,034,040
    2023franchise fees and other$98,773
    2023marketing fund revenue$1,243,890
    2023interest income$456
    2023income before income taxes$610,924
    2023retained earnings, end of year$8,859,801
    2023operating activities net income$432,927
    2023deferred income tax$19,448
    2023marketing fund contributions receivable-$2,184
    2023prepaid expenses and other assets$23,594
    2023deferred franchise fee revenue$50,168
    2023net cash provided by operating activities$427,165
    2023advances to affiliates-$276,802
    2023net cash used in investing activities-$276,802
    2023decrease)/increase in cash$150,363
    2023cash and restricted cash, beginning of year$1,883,677

    These figures describe the franchisor company, not individual franchise locations.

    SBA-backed loans to franchisees

    Loading…

    Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.

    Related research

    Brands in the same subcategory first, then the wider industry, ordered by shared business format and overlapping investment range. This is not a ranking or recommendation.

    LLefabCarvel CorporationH&H BagelsHDHurts Donut CompanyMy Favorite Muffin BakeryRandy’s Donuts

    Head-to-head comparisons

    Big Apple Bagels vs LefabBig Apple Bagels vs Carvel CorporationBig Apple Bagels vs H&H Bagels
    Compare reviewed facts

    At a glance

    Business history

    Not reviewed

    Owner participation

    Not reviewed

    Territory language

    Litigation disclosure

    Not reviewed

    Bankruptcy disclosure

    Not reviewed

    Agreement term

    Not reviewed

    Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.