What is the length of the initial franchise term for a Big Apple Bagels franchise?

According to Big Apple Bagels's 2025 Franchise Disclosure Document, the initial franchise term is 10 years, as detailed in Paragraph 2.a of the Franchise Agreement. This means that once a franchisee signs the agreement, they are granted the right to operate a Big Apple Bagels franchise for a decade, assuming they comply with the terms and conditions outlined in the agreement.

At the end of the initial 10-year term, a franchisee in good standing has the option to renew the franchise. However, the renewal is contingent upon meeting certain requirements, including paying a renewal fee of $2,500, maintaining or securing a suitable premises, completing any required remodeling, signing a new franchise agreement and other necessary documents, signing a release, and agreeing to upgrade to the then-current standards of decor, equipment, and product offerings.

It's 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 be greater than the royalty fee that Big Apple Bagels then imposes on similarly-situated renewing franchisees. This provides some assurance regarding royalty costs but highlights the possibility of other changes to the franchise agreement upon renewal.