How many Big Apple Bagels franchises in Michigan were transferred in 2023?

According to Big Apple Bagels's 2025 Franchise Disclosure Document, there were 2 franchise transfers in Michigan during 2023. This information is part of a table that provides a summary of outlet transfers from franchisees to new owners, excluding transfers to the franchisor. The table covers the years 2022 to 2024 and includes data for several states.

For a prospective franchisee, this indicates the level of franchise resales within the Big Apple Bagels system in Michigan. A higher number of transfers could suggest a more active market for existing franchises, while a lower number might indicate stability or a lack of resale opportunities. It is important to note that transfers do not necessarily reflect the profitability or success of the franchise, but rather a change in ownership.

Reviewing transfer data over multiple years, as presented in the table, can provide a more comprehensive understanding of franchise ownership trends. In Michigan, the number of transfers was 2 in 2022, 2 in 2023, and 0 in 2024. This suggests that transfer activity has decreased in the most recent year presented in the FDD. A prospective franchisee should investigate the reasons behind any transfers to better understand the dynamics of the Big Apple Bagels franchise system in Michigan.