What is the deadline for the prospective franchisee to submit a site for approval to Big Apple Bagels?
Big_Apple_Bagels Franchise · 2025 FDDAnswer from 2025 FDD Document
ery" or "My Favorite Muffin Your All Day Bakery Cafe," one of which is their primary identifying brand.
THEREFORE, the parties agree as follows:
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- PROSPECTIVE FRANCHISEE has, contemporaneously with the execution of this Preliminary Agreement, deposited with BAB the sum of Ten Thousand ($10,000.00) Dollars ("Deposit") to be applied against the initial franchise fee payable by PROSPECTIVE FRANCHISEE if a BAGELS Franchise shall subsequently be granted.
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- Upon execution of this Agreement, BAB will furnish PROSPECTIVE FRANCHISEE its written criteria for site selection, which must be returned to BAB upon termination of this Agreement.
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- It shall be the obligation of PROSPECTIVE FRANCHISEE to search for, locate, and submit in writing to BAB for approval, within sixty (60) days after execution of this Preliminary Agreement, a site suitable for the operation of a BAGELS Store acceptable to BAB within the following area: _______________________________ (the "Area").
- a. The Area is not exclusive or protected either during the term of this Agreement or in the event a franchise is granted. BAB has the right to offer and grant a franchise to any other party within the Area. In the event BAB grants a franchise, whether a franchise for a BAGELS Franchise of a "My Favorite Muffin Store" to another party within the Area during the term of this Agreement, PROSPECTIVE FRANCHISEE may terminate this Agreement and obtain a full refund of the Deposit.
Source: Item 23 — RECEIPTS (FDD pages 87–319)
What This Means (2025 FDD)
According to Big Apple Bagels' 2025 Franchise Disclosure Document, a prospective franchisee has 60 days after the execution of the Preliminary Agreement to submit a site for approval. The submitted site must be suitable for operating a Big Apple Bagels store and acceptable to Big Apple Bagels. The location must be within a defined area specified in the agreement.
If the prospective franchisee submits at least one site within this 60-day period, and Big Apple Bagels does not approve it, Big Apple Bagels may either grant an extension to the 60-day period or terminate the Preliminary Agreement. If Big Apple Bagels terminates the agreement in this case, the prospective franchisee will receive a refund of their deposit, less $3,000.
If the prospective franchisee fails to submit any sites within the initial 60-day period, Big Apple Bagels has the right to terminate the Preliminary Agreement at any time. In this scenario, the prospective franchisee will not be entitled to any refund of the deposit. However, if a prospective franchisee submits a site within 20 days prior to the agreement's expiration, the agreement will not expire until Big Apple Bagels has had a reasonable opportunity to evaluate the site.