factual

In what state were there Big Apple Bagels outlet transfers in 2022?

Big_Apple_Bagels Franchise · 2025 FDD

Answer 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

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 several states with outlet transfers in 2022. Specifically, Indiana had one transfer, Michigan had two, California had one, and Wisconsin had two transfers during that year. These transfers represent instances where existing Big Apple Bagels franchises were sold to new owners, excluding transfers back to the franchisor.

For a prospective franchisee, this information is relevant for a few reasons. First, it indicates the relative stability and desirability of Big Apple Bagels franchises in different markets. States with more transfers may suggest a more active market for buying and selling franchises. Second, it provides a sense of how often franchise owners choose to exit the system, which could be due to various factors such as retirement, financial difficulties, or simply pursuing other opportunities.

It is important to note that the FDD also mentions that Big Apple Bagels may enter into agreements with former franchisees that contain confidentiality clauses. This could limit a prospective franchisee's ability to gather comprehensive information about the reasons behind these transfers. Therefore, it would be prudent for potential franchisees to speak with a range of current and former franchisees to gain a balanced perspective, keeping in mind that some may be restricted in what they can share.

Overall, the transfer data provides a glimpse into the dynamics of the Big Apple Bagels franchise system and highlights the importance of conducting thorough due diligence, including speaking with current and former franchisees, to understand the factors influencing franchise ownership transitions.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.