Where is the 'Development Period' defined for a Big Apple Bagels franchise?

According to Big Apple Bagels' 2025 Franchise Disclosure Document, the 'Development Period' is defined in Section 4 of Rider B, which is attached to and incorporated by reference into the agreement. This means that specific details regarding the length and requirements of the development period for a Big Apple Bagels franchise are not found directly in the main body of the agreement but are instead located in a separate document (Rider B).

For a prospective Big Apple Bagels developer, it is crucial to carefully review Section 4 of Rider B to understand the obligations and timelines associated with developing multiple Big Apple Bagels stores within the exclusive area. This section will outline the specific timeframes within which the developer must meet certain milestones, such as signing leases for a predetermined number of stores. The agreement emphasizes the importance of adhering to the development obligations outlined in Paragraph C of Section 3, as well as fulfilling all obligations under any existing or future franchise agreements with Big Apple Bagels.

Failure to meet the minimum development quota, as defined in Section 4 of Rider B, could have significant consequences for the developer. Big Apple Bagels retains the right to terminate the agreement if the developer does not fulfill these obligations. Therefore, a thorough understanding of the development period and associated requirements is essential for any prospective Big Apple Bagels developer to ensure they can meet the franchisor's expectations and successfully expand the brand within their exclusive area.