What was the net income for Big Apple Bagels in 2024?

According to Big Apple Bagels' 2025 Franchise Disclosure Document, the company's net income for the year ending November 30, 2024, was $433,770. This figure represents the earnings of BAB Systems, Inc., which franchises and licenses the Big Apple Bagels brand, along with My Favorite Muffin and SweetDuet Frozen Yogurt & Gourmet Muffins concepts. This net income is a key indicator of the company's overall financial performance and profitability.

It's important to note that this net income reflects the performance of the entire franchise system operated by BAB Systems, Inc., and not necessarily the potential profitability of an individual Big Apple Bagels franchise. A prospective franchisee's individual store performance may vary significantly based on factors such as location, operating costs, and local market conditions. The FDD also includes information on revenue, expenses, and related party transactions that factor into the net income calculation.

Furthermore, the FDD provides additional financial context through a cash flow statement, which details the cash provided by operating activities, cash used in investing activities, and changes in cash. For the year ending November 30, 2024, the net cash provided by operating activities was $484,811. This figure, along with the net income, offers a more comprehensive view of the company's financial health and its ability to generate cash.

Prospective franchisees should carefully review the entire Item 23 of the FDD, including all notes and financial statements, to gain a thorough understanding of Big Apple Bagels' financial performance. Consulting with a financial advisor is also recommended to assess the potential risks and rewards of investing in a Big Apple Bagels franchise.