How many unopened stores with Franchise Agreements did Big Apple Bagels have in 2023?
Big_Apple_Bagels Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Franchisee-owned stores | 61 | 63 | 68 |
| Licensed Units | 4 | 4 | 4 |
| Total Units | 65 | 67 | 72 |
| Unopened stores with Franchise Agreements: | 4 | 5 | 2 |
| Total operating units and units Franchise Agreements | 69 | 72 | 74 |
Source: Item 23 — RECEIPTS (FDD pages 87–319)
What This Means (2025 FDD)
According to Big Apple Bagels' 2025 Franchise Disclosure Document, in 2023, there were 5 unopened stores with Franchise Agreements. This indicates that Big Apple Bagels had agreements in place for these locations, but they were not yet operational at that time.
For a potential franchisee, this figure provides insight into the brand's growth and development pipeline. It suggests that Big Apple Bagels is actively expanding its franchise network, with multiple locations in the process of being established. However, it's important to understand the reasons why these stores were not yet open. Delays could be due to various factors such as permitting issues, construction delays, or franchisee financing challenges.
It would be prudent for a prospective franchisee to inquire about the typical timeframe for opening a Big Apple Bagels location after signing the franchise agreement, as well as the support provided by the franchisor during the site selection and build-out process. Understanding the reasons behind any delays in opening new stores can help a franchisee better assess the risks and opportunities associated with investing in the franchise.