What is the length of the Big Apple Bagels franchise term as stated in the Franchise Agreement?

According to Big Apple Bagels's 2025 Franchise Disclosure Document, the initial term length for a standard franchise agreement is 10 years, as detailed in Paragraph 2.a of the agreement. This means that upon signing the franchise agreement, a new franchisee will operate their Big Apple Bagels location for a decade, assuming they adhere to the terms and conditions outlined in the agreement.

At the end of the initial 10-year term, franchisees in good standing have the option to renew their agreement. To do so, they must meet certain requirements, including paying a renewal fee of $2,500, maintaining or securing a suitable premises, completing any required remodeling, signing the then-current franchise agreement and other necessary documents, and agreeing to upgrade to the latest standards for decor, equipment, and product offerings.

It is important to note that the renewal agreement may contain terms and conditions that differ materially from the original contract. However, the royalty fee will not exceed the royalty fee that Big Apple Bagels imposes on similarly situated renewing franchisees. This ensures some level of consistency in royalty obligations for franchisees who choose to extend their relationship with the brand.