As of what date are the figures in Tables 1-4 for Big Apple Bagels calculated?

According to Big Apple Bagels' 2025 Franchise Disclosure Document, the figures in Tables 1 through 4 are calculated as of November 30th. This date corresponds with the end of Big Apple Bagels' fiscal year.

For a prospective franchisee, this means that the historical data presented in these tables, which includes information on outlet numbers, transfers, and the status of both franchised and company-owned outlets, reflects the state of the Big Apple Bagels system up to that specific date. This is important for understanding the context of the data; for example, any changes occurring after November 30, 2024, would not be reflected in these tables.

It is common practice for franchisors to use their fiscal year-end as the cutoff date for data presented in the FDD, as this aligns with their financial reporting cycle and ensures consistency in the information provided. Franchisees should keep this date in mind when reviewing the tables and consider asking for more recent data or updates if they are concerned about changes that may have occurred since the fiscal year-end.