According to Big Apple Bagels' 2025 Franchise Disclosure Document, there were 3 Big Apple Bagels outlets operating in Indiana at the start of 2022. The FDD provides a detailed table outlining the number of outlets at the start of each year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year for various states. This information is crucial for prospective franchisees to understand the brand's presence and stability in specific markets.

For a potential Big Apple Bagels franchisee in Indiana, this data indicates a small but stable presence in the state. No outlets opened or closed in Indiana between 2022 and 2024, suggesting a consistent market. This stability could be seen as a positive sign, indicating a reliable customer base and operational consistency. However, the lack of growth might also suggest limited market potential or challenges in expanding within the state.

It's important to note that these figures are as of November 30th of each year, which is Big Apple Bagels' fiscal year-end. Therefore, any changes occurring in December would not be reflected in these annual figures. A prospective franchisee should further investigate the reasons behind the lack of new openings and closures to assess the growth opportunities and potential risks in the Indiana market. Understanding the local market dynamics and competition would be essential for making an informed investment decision.

Overall, the data provides a snapshot of Big Apple Bagels' operational footprint in Indiana, highlighting the importance of conducting thorough due diligence and market research before committing to a franchise investment.