What was the total amount of franchise fees and other revenues collected by Big Apple Bagels in 2024?
Big_Apple_Bagels Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | 2022 | ||
|---|---|---|---|---|
| Revenues | ||||
| Royalty fees from franchised stores | $ 1,994,814 | $ 1,944,894 | $ 1,838,276 | |
| Franchise fees and other | 160,133 | 98,773 | 97,626 | |
| Marketing fund revenue | 1,176,663 | 1,243,890 | 1,081,320 | |
| Total Revenues | 3,331,610 | 3,287,557 | 3,017,222 |
Source: Item 23 — RECEIPTS (FDD pages 87–319)
What This Means (2025 FDD)
According to Big Apple Bagels' 2025 Franchise Disclosure Document, the company collected $160,133 in franchise fees and other revenues during the year 2024. This figure is part of the total revenues reported by Big Apple Bagels, which also include royalty fees from franchised stores and marketing fund revenue. These revenues reflect the income Big Apple Bagels receives from its franchisees and related activities.
Franchise fees and other revenues are a crucial component of Big Apple Bagels' financial performance, indicating the income generated from new franchise agreements and other sources beyond ongoing royalties. Monitoring this revenue stream can provide insights into the company's growth and the demand for Big Apple Bagels franchises. A prospective franchisee should consider these figures in the context of overall financial health and trends over the past few years.
It's important to note that this figure represents only a portion of Big Apple Bagels' total revenue. Royalty fees from franchised stores and marketing fund revenue also contribute significantly to the company's income. Reviewing these different revenue streams can offer a more comprehensive understanding of Big Apple Bagels' financial stability and the various ways it generates income from its franchise system.