Big Apple Bagels
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BAB, Inc. offer customers a wide range of high quality foods through its three brands, My Favorite Muffin, Brewsters Coffee and Big Apple Bagels. Each of the restaurants offers a casual yet comfortable atmosphere in which customers can order to-go or linger in the dining area with the wide assortment of breakfast and lunch items, treats, and beverages. On the menu, BAB restaurants offer freshly baked bagels, fresh deli sandwiches, cake-like muffins prepared with soybean oil, as well as salads, soups and specialty drinks made to order. BAB recognizes that today’s consumer wants to make informed choices about the foods they eat and BAB restaurants serve a wide range meal options that can easily fit into a healthy, balanced diet.
Each restaurant doubles as a bakery-café. Additionally, the restaurant is not only a retail destination, but also a wholesale distributorship from which franchisees’ baked-from-scratch bagels and muffins can be sold in bulk to corporate clients, restaurants, convenience stores and other businesses for resale.
| |
Operating Units |
12/31/2008 |
12/31/2009 |
12/31/2010 |
|---|
| | Franchised |
111 |
103 |
100 |
| | % Change | -- |
-7.2% |
-2.9% |
| | Company-Owned |
1 |
1 |
1 |
| | % Change | -- |
0% |
0% |
| | Total |
112 |
104 |
101 |
| | % Change | -- |
-7.1% |
-2.9% |
| | Franchised as % of Total |
99.1% |
99.0% |
99.0% |
Investment Required
The franchise fee for a BAB Production Store is $25,000.
BAB, Inc. provides the following range of investments required to open a BAB Production Store franchise. The range assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.
| |
Item | Established Low Range | Established High Range |
| |
Initial Franchise Fee |
$25,000 |
$25,000 |
| |
Training |
$1,600 |
$3,000 |
| |
Leasehold Improvements |
$87,000 |
$135,000 |
| |
Furniture, Fixtures, Equipment, Signage and Display |
$98,000 |
$128,028 |
| |
Opening Inventory and Supplies |
$10,000 |
$11,300 |
| |
First Month's Rent and Security Deposit |
$4,000 |
$10,500 |
| |
Marketing Deposit |
$7,500 |
$7,500 |
| |
Insurance |
$5,200 |
$7,200 |
| |
Prepaid Expenses, Deposits |
$500 |
$2,000 |
| |
Professional Fees |
$2,500 |
$7,000 |
|
Additional Funds (3 Months) |
$7,500 |
$22,100 |
| |
Total Initial Investment |
$248,800 |
$358,628 |
Ongoing Expenses
BAB franchisees pay a royalty fee equal to 5% of gross revenues plus a marketing fund contribution equal to 3% of gross revenues which is subject to increase by BAB but not to exceed 5% of gross revenues.
What You Get—Training and Support
Pre-opening support for BAB franchisees includes site selection assistance, restaurant layout and design, Grand Opening marketing campaign, full seasonal marketing strategies, and a password-protected BAB Franchisee Intranet featuring a download center, on-line sales reporting, resource center and trading post.
Additionally, franchisees undergo BAB Inc.’s initial training program comprised of hands-on learning in our company-owned location and classroom instruction. This training details day-to-day restaurant operations, hiring training and retaining good employee, and maintaining financial controls.
Territory
BAB, Inc. does not grant exclusive territories.
Note:The tables and information regarding the number of operating units, investment required, on-going expenses, training and territory grants were taken from the company’s 2011 FDD. The 2011 write-ups will be incorporated into the 2012 Edition of Bond’s Top 100 Franchises publication.
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