Under what conditions might Big Apple Bagels grant an extension of the Preliminary Agreement term?
Big_Apple_Bagels Franchise · 2025 FDDAnswer from 2025 FDD Document
| Provision | Provision in Franchise Agreement (unless otherwise specified) | Summary |
|---|---|---|
| a. Length of the | Paragraph 3 | 60 days |
| Preliminary Agreement | ||
| term | ||
| b .Renewal or extension of | Paragraph 3.c.. | If you timely submit at least 1 site to us, which we do not approve, we |
| the term | may grant an extension of the term | |
| c. Requirements for Franchisee to renew or extend | Paragraph 3.c. | If you timely submit at least 1 site to us, which we do not approve, we may grant an extension of the term |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 69–75)
What This Means (2025 FDD)
According to Big Apple Bagels' 2025 Franchise Disclosure Document, the term of the Preliminary Agreement is 60 days, as detailed in Paragraph 3. However, Big Apple Bagels may grant an extension of the term under specific circumstances.
Specifically, if a prospective franchisee timely submits at least one site to Big Apple Bagels for approval, and Big Apple Bagels does not approve that site, Big Apple Bagels may grant an extension of the Preliminary Agreement term. This provision, outlined in Paragraph 3.c, allows for additional time to find a suitable location if the initial submission is rejected.
This extension is not guaranteed, but rather is at the discretion of Big Apple Bagels. It is important for potential franchisees to understand the initial 60-day term and the conditions under which an extension might be granted, as failure to meet the obligations within the specified timeframe could affect their application for a franchise.