What specific standards must a Big Apple Bagels franchisee meet to be eligible for renewal?
Big_Apple_Bagels Franchise · 2025 FDDAnswer from 2025 FDD Document
ination of the Franchise Agreement of Franchisee's BAGELS Production Store, unless sooner terminated as provided in Sections 15 and 16 hereof.
b. Renewal.
i. For a BAGELS Production Store Franchise or a BAGELS Satellite Store Franchise, Franchisee may, at his option, renew the Franchise for two additional ten (10) year terms, provided that:
- (a) Franchisee has given Franchisor written notice of his election to renew not less than six (6) months nor more than twelve (12) months prior to the end of the then-current term. An election by Franchisee to renew the lease or sublease for the premises of the Store or to execute a new lease or sublease for such premises shall, at the sole option of Franchisor, be deemed an election by Franchisee to extend the franchise for the initial term of the lease or sublease, plus the term of any options and/or extensions, of such lease or sublease;
- (b) Franchisee is not at such time in material breach of any of his obligations under this Agreement or any other agreement between Franchisee and Franchisor or any of its Affiliates;
- (c) Franchisee has substantially complied with all the terms and conditions of this Agreement and has met the operating and quality standards and procedures prescribed by Franchisor for BAGELS Stores during the Term;
- (d) Franchisee has satisfied all monetary obligations owed to Franchisor, its Affiliates and designated suppliers, and has timely met these obligations throughout the Term;
- (e) Franchisee's store location and lease have been approved by Franchisor;
- (f) Franchisee has agreed to upgrade the Store to Franchisor's thencurrent standards of decor, equipment, and product offerings;
- (g) Franchisee has paid Franchisor the renewal fee of Two Thousand Five Hundred Dollars ($2,500.00);
- (h) Franchisee complies with Franchisor's then-current qualification and training requirements; and
Source: Item 22 — CONTRACTS (FDD pages 86–87)
What This Means (2025 FDD)
According to Big Apple Bagels' 2025 Franchise Disclosure Document, a franchisee has the option to renew their franchise for two additional ten-year terms if they meet specific requirements. To be eligible for renewal, the franchisee must provide written notice to Big Apple Bagels of their intent to renew the franchise no less than six months and no more than twelve months before the current term expires.
Additionally, the franchisee must not be in material breach of the Franchise Agreement or any other agreement with Big Apple Bagels or its affiliates at the time of renewal. They must have substantially complied with all terms and conditions of the Franchise Agreement, including meeting the operating and quality standards and procedures set by Big Apple Bagels for its stores throughout the term. The franchisee must also have satisfied all monetary obligations owed to Big Apple Bagels, its affiliates, and designated suppliers, ensuring these obligations were met promptly throughout the term.
Other conditions for renewal include Big Apple Bagels' approval of the store location and lease, the franchisee's agreement to upgrade the store to meet Big Apple Bagels' current standards for decor, equipment, and product offerings, and payment of a $2,500 renewal fee. The franchisee must also comply with Big Apple Bagels' current qualification and training requirements and execute a general release, in a form prescribed by Big Apple Bagels, of any claims against Big Apple Bagels and its officers, directors, agents, and employees. Meeting these standards ensures that the Big Apple Bagels franchise maintains its quality and consistency across all locations.