What was the total revenue from Big Apple Bagels franchise fees in 2023?
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 total revenue from franchise fees in 2023 was $98,773. This figure is part of the overall revenue reported by BAB Systems, Inc., which includes revenue streams like royalty fees from franchised stores and marketing fund revenue. Franchise fees represent the income Big Apple Bagels receives from granting new franchises and other related fees.
For a prospective franchisee, this indicates the financial health and revenue generation capability of the Big Apple Bagels franchise system. While not the largest portion of revenue (royalty fees and marketing revenue are significantly higher), franchise fees are still an important indicator of the brand's ability to attract new franchisees. A consistent or growing revenue from franchise fees can suggest a healthy demand for Big Apple Bagels franchises.
It's important to note that this figure represents the revenue recognized during the fiscal year. This may not directly correlate with the total number of franchises sold in that year due to accounting practices regarding revenue recognition. Additionally, this figure does not specify the breakdown between initial franchise fees and other types of franchise-related fees. A prospective franchisee should consider this number in conjunction with other financial metrics to assess the overall financial performance of Big Apple Bagels.