What were the total revenues for 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 total revenues for 2024 were $3,331,610. This figure is comprised of several revenue streams, including royalty fees from franchised stores, franchise fees and other revenues, and marketing fund revenue. Royalty fees from franchised stores accounted for $1,994,814 of the total revenue. Franchise fees and other revenues contributed $160,133, while marketing fund revenue amounted to $1,176,663.
When evaluating the financial performance of Big Apple Bagels, it's important to consider the different components of revenue. Royalty fees, which constitute the largest portion, reflect the ongoing sales performance of franchised locations. Franchise fees represent initial payments from new franchisees, and marketing fund revenue is collected and used for advertising and promotional activities. These revenue streams collectively provide insight into the overall health and growth of the Big Apple Bagels franchise system.
Prospective franchisees should note that while total revenues provide a high-level overview, it's crucial to examine the associated operating costs and expenses to understand the company's profitability. In 2024, Big Apple Bagels had total operating costs and expenses of $2,729,907, resulting in an income from operations of $601,703. A detailed review of these expenses, including license fees, payroll, and marketing fund expenses, is essential for assessing the financial viability of the franchise.