百大连锁店-Rank no.433 – 新移民致富之路

百大连锁店-Rank no.433 – 新移民致富之路


Big Apple Bagels/My Favorite Muffin

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Products & Services: Bagels, sandwiches, muffins, coffee, smoothies

Number of Locations: 96

Total Investment: $274.35K – 381.52K

Founded: 1993

Began Franchising: 1993

About Big Apple Bagels/My Favorite Muffin

Big Apple Bagels was founded in Deerfield, Illinois in 1993. In addition to bagels, the restaurant’s menu includes muffins, omelets, coffee, sandwiches, salads and soups.

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Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Startup Costs, Ongoing Fees and Financing

Total Investment: $274,345 – $381,530
Franchise Fee: $25,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
FINANCIAL REQUIREMENTS
Net Worth: $350,000
Liquid Cash Available: $100,000
OPERATIONS
20% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 15. Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators).

How This Franchise Supports Franchisees

Training: Available at headquarters: 4 days. At franchisee’s location: 8-15 days. Additional training as needed
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing Support: Ad slicks, Regional advertising,
Other marketing support: In-store POP materials

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Franchise Ranking History

Franchise 500®: #433 (2013), #420 (2012), #412 (2011), #452 (2010), #369 (2009),

Big Apple Bagels is an American franchised chain of bakery-cafes based in Deerfield, Illinois. Coffee, along with a variety of other related products are sold. The products are sold as three different brands: Big Apple Bagels, Brewster’s Coffee, and My Favorite Muffin.[1] Industry Recognition[edit] 2003 Entrepreneur Magazine “Franchise 500″
2005 Entrepreneur Magazine “Best of the Best" Top Franchises
2010 GI Jobs, “Military Friendly Franchise"
2011 Restaurant Business Magazine “Top Future 50″ Franchises
BAB, Inc.[edit]

BAB, Inc. (OTCQB: BABB), the parent company of Big Apple Bagels, has 98 franchised a 6 licensed stores.[2] Big Apple Bagels was started by Paul Stolzer in October 1993. BAB completed its initial public offering November 27, 1995. BAB, Inc. has been a fundraiser of the Cystic Fibrosis Foundations since 2010.[3] Products available include sandwiches, soup, salads, bakery products, such as muffins and bagels, coffee, smoothies, frozen yogurt and pizza. There is also a line of breakfast sandwiches.
BAB, Inc. was formed to operate and franchise Big Apple Bagels locations. It expanded with a series of acquisitions.
1996- Brewster’s Coffee[4] 1996- Strathmore Bagels[5] 1996- Bagels Unlimited Inc.[6] 1996- Danville Bagels, Inc. [7] 1997- My Favorite Muffin[8] 1999- Jacobs Bros. Bagels[9] In addition to these acquisitions, in 2012 the company developed the SweetDuet Frozen Yogurt & Gourmet Muffin concept. This concept is meant to fuze self-serve frozen yogurt with My Favorite Muffin gourmet muffins.[10]

Source: wikipedia