How many Big Apple Bagels outlets were located in Illinois at the end of 2022?
Big_Apple_Bagels Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Indiana | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 0 | |
| Michigan | 2022 | 2 |
| 2023 | 2 | |
| 2024 | 0 | |
| Minnesota | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 | |
| California | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 0 | |
| Wisconsin | 2022 | 2 |
| 2023 | 2 | |
| 2024 | 0 | |
| Totals | 2022 | 6 |
| 2023 | 4 | |
| 2024 | 0 |
Table No. 3 Status Franchised Outlets For years 2022 to 2024
| Col. 1 State | Col. 2 Year | Col. 3 Outlets at Start of Year | Col. 4 Outlets Opened | Col. 5 Terminations | Col. 6 Non- Renewals | Col. 7 Reacquired by Franchisor | Col. 8 Ceased Operations Other Reasons | Col.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 81–86)
What This Means (2025 FDD)
According to Big Apple Bagels' 2025 Franchise Disclosure Document, there were three Big Apple Bagels outlets in Illinois at the end of 2022. The provided table in Item 20 of the FDD details the number of outlets in each state for the years 2022, 2023, and 2024. It includes information on outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and outlets at the end of the year.
For a prospective franchisee, this information is useful for understanding the stability and growth of Big Apple Bagels in specific markets. The fact that the number of outlets in Illinois remained constant from 2022 through 2024 suggests a stable market presence. This could be seen as a positive sign, indicating consistent performance without significant closures or new openings.
However, it's important to consider this information in conjunction with other factors. A potential franchisee should investigate the reasons behind the lack of growth in Illinois. It could be due to market saturation, strong competition, or strategic decisions by the franchisor. Further research into local market conditions and discussions with the franchisor would be beneficial.
Overall, while the stability in outlet numbers might seem reassuring, a prospective franchisee should conduct thorough due diligence to understand the underlying dynamics of the Illinois market and assess the potential for future growth and profitability.