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Big Apple Bagels

Big Apple Bagels

The total investment to open a Big Apple Bagels franchise ranges from $52,000 to $248,400. The initial franchise fee is $56,640. Ongoing royalties are 5% plus a 3% advertising fee.

What is the Big Apple Bagels franchise?

Big Apple Bagels is a quick service restaurant brand headquartered in Kalamazoo, Michigan, with 42 total units. Its locations are placed within gasoline stations and convenience stores, offering freshly baked bagels and related menu items in accessible, grab and go settings. The concept focuses on fresh preparation, taste, and convenience for customers seeking breakfast, lunch, or snacks. Its placement creates access to regular station and store traffic while distinguishing the brand from more generic convenience food. The operating model emphasizes quick service and consistency, and the relatively contained unit count suggests focused expansion based on location quality and operational performance rather than rapid national growth.

Big Apple Bagels operates within the broader quick service restaurant market, which is large and expanding. The global pizza industry generated $160 billion in sales in 2020. The global pizza market was valued at USD 282.91 billion in 2025 and is projected to increase from USD 215.53 billion in 2026 to USD 340.91 billion by 2034, with a 5.90% CAGR during that period. The pizza foodservice market is expected to grow from USD 144.08 billion in 2025 to USD 158.93 billion in 2026 and reach USD 257.17 billion by 2031, reflecting a 10.10% CAGR from 2026 to 2031. The United States pizza restaurant industry was valued at $49.5 billion in 2026 and is projected to reach $50.7 billion by 2034, with a 2.95% CAGR. In 2024, the U.S. pizza restaurant industry was estimated at $211.07 billion, while the U.S. market is projected to reach USD 8.82 billion by 2026. Globally, the industry includes more than 245,000 pizza restaurants, with approximately 77,000 in the United States, and employed over 830,000 people before 2020. Relevant trends include demand for plant based and gluten free choices, sustainability efforts, technology integration, quality ingredients, value, and digital ordering. Fast casual dining is growing at approximately 10% annually, with an 11.03% CAGR projected through 2031. Online ordering remains significant, although monthly delivery ordering declined from 61% in 2022 to 55% in 2025, pointing to continued importance for carryout and in store purchases.

The initial franchise fee for Big Apple Bagels is $56,640. The estimated total investment ranges from $52,000 to $248,400. Costs can vary with the size and condition of the premises, regional construction and labor expenses, and the equipment and inventory needed for a gasoline station or convenience store location. The $52,000 lower end may be accessible compared with broader quick service concepts, where total investment can range from approximately $100,000 to nearly $2 million. Specific liquid capital and minimum net worth requirements for Big Apple Bagels are not provided. General quick service benchmarks often cite at least $50,000 in liquid capital and a minimum net worth of $100,000. The investment generally includes leasehold improvements, baking and food preparation equipment, initial ingredients and supplies, signage, point of sale systems, launch marketing, and training for franchisees and staff. The range allows costs to vary according to the buyer’s financial capacity and the conditions of the selected market.

The concept is built around gasoline station and convenience store placement, with an operating focus on freshness, speed, and customer access. Bagels require daily dough preparation from scratch and baking for consistent quality. The menu typically includes cream cheeses, breakfast sandwiches, lunch sandwiches, and gourmet coffee, using fresh ingredients and proprietary recipes. The limited menu is suited to quick service locations. Specific royalty rates and advertising fund contributions are not provided. General quick service standards suggest royalty fees of 4% to 8% of gross sales and advertising contributions of 1% to 5%. When applicable, these fees generally support brand development, marketing, product research, and operating improvements. Typical franchisor assistance would include initial training in store operations, food preparation, customer service, and local marketing. Ongoing support may include site selection, store design for convenience store integration, supply chain management, proprietary recipes, and operating manuals. This support is intended to promote consistent performance across all 42 units.

The franchise has a Loan Activity Score of 28, a platform measure that may reflect factors such as franchisor transparency, system maturity, and other proprietary criteria. The methodology behind that score is specific to its originating platform and should be examined during due diligence. General market figures can provide context. U.S. consumers spent more than $20 billion on quick service carryout pizza and another $14 billion on pizza delivery in 2020. Pizza and bagels are different categories, but these figures show demand for convenient food. Results for a Big Apple Bagels location would depend on site quality, local demand, operating efficiency, and marketing.

With 42 total units, Big Apple Bagels appears to be pursuing measured expansion rather than an aggressive national rollout. Careful site selection within gasoline stations and convenience stores may help the brand place fresh bagels and coffee before a high volume of transient customers. Its specialization offers a point of difference from general breakfast and lunch choices, while coffee and related menu items support the core product. A station location can turn a routine fuel or convenience stop into a meal or snack purchase. Industry trends also support demand for quality ingredients and fast casual dining, which has a projected 11.03% CAGR through 2031. Technology is increasingly common across quick service restaurants, including digital ordering, automation, and artificial intelligence for operations. The source does not detail these tools for Big Apple Bagels, but they are relevant considerations for maintaining service efficiency and customer access.

A suitable Big Apple Bagels franchisee would bring an entrepreneurial approach, customer service skills, and an understanding of quick service operations in a convenience retail setting. Specific demographic and experience requirements are not provided, though food service or retail management experience could help with staffing, inventory, cleanliness, and food safety. Commitment to fresh bagels and the customer experience is also relevant, as is the ability to market locally and build repeat business near the station or store. The financial requirement includes the $52,000 to $248,400 investment range plus the $56,640 franchise fee. Suitable sites may include commuter routes, areas near residential communities, and commercial districts with steady customer flow. The compact format can fit urban, suburban, or rural settings when visibility and customer volume are adequate. The franchisor would typically assist with site selection through market research and demographic analysis.

Big Apple Bagels offers a specialized quick service concept in gasoline stations and convenience stores. Its investment range is $52,000 to $248,400, with a $56,640 franchise fee, and its system includes 42 units. Fresh bagels, coffee, and related food items address demand for convenient food with an emphasis on quality. The placement within existing high traffic locations may provide customer access without the same need for a standalone site to generate initial visits. Buyers should assess the investment, location economics, operating requirements, and available franchise disclosures during their due diligence.

Loan Activity Score

28/100

SBA Default Rate

31.8%

Active Lenders

50

According to its Franchise Disclosure Document or public business records, Big Apple Bagels has 56 locations, all owned by franchisees. Public SBA loan records show 50 lenders made 85 loans to franchisees of Big Apple Bagels. PeerSense calculates Big Apple Bagels's score as 28 out of 100, using public SBA loan performance and recent lending activity. Cost figures are based on the 2025 Franchise Disclosure Document.

Franchising since 1993 · 56 locations

Investment

$52,000 to $248,400

Franchise Fee

$56,640

Total Units

56

56 franchised

Loan Activity Score
High
28
SBA Lending
0
Lender Quality
7
Transparency
9
Reach
9
Momentum
3

Proprietary PeerSense metric

Limited
Capital Sources
50SBA lenders

Distinct lenders in public SBA records for Big Apple Bagels

85

Total SBA loans

$139K

Average loan size

Source: public SBA 7(a) and 504 loan records through December 31, 2025

Referral fee at closing

SBA Lending Activity for Big Apple Bagels

Loan Activity Score Breakdown

Established (25 to 99 loans)

High Confidence
28out of 100
Limited
Market Momentum3/35

Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.

Loan Safety0/25

Blended default rate (recent + all time) compared to NAICS sector peers.

Lender Confidence7/15

Quality lenders actively backing this brand, with penalty for lender pullback.

Transparency9/15

FDD availability, Item 19 disclosure, and overall data completeness.

Footprint9/10

Geographic spread of SBA funded locations across states.

SBA Lending Performance

SBA Default Rate

31.8%

vs 10.3% peer avg

SBA Loans

85

Total Volume

$11.8M

Active Lenders

50

7 selective

States

20

vs. SBA Sector Average

-21.5%higher default rate

SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors

Key Highlights

Item 19 financial data disclosed

Data Insights

Key performance metrics for Big Apple Bagels based on SBA lending data

SBA Default Rate

31.8%

21.5% above peer avg

SBA Loan Volume

85 loans

Across 50 lenders

Lender Diversity

50 lenders

Avg 1.7 loans per lender

Investment Tier

Mid range investment

$52,000 to $248,400 total

Big Apple Bagels: Deep SBA Data

Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.

Peak SBA Year

1996

13 approvals. The best year on record for Big Apple Bagels.

Top SBA State

Michigan

22 SBA financed Big Apple Bagels locations, the densest operator footprint.

Average Loan Size

$138K

Median $128K. Use as a sizing anchor when modeling your own Big Apple Bagels unit.

Lender Concentration

20.2%

Moderately Spread

Share of Big Apple Bagels approvals captured by the top 3 SBA lenders.

Big Apple Bagels's SBA lending pipeline peaked in 1996 (13 approvals). The last five fiscal years account for 5% of cumulative volume ($452K approved). Operator density is highest in Michigan with 22 SBA financed locations. Average funded ticket sits at $138K, with the median at $128K. Lender mix is moderately spread: the top three SBA lenders account for 20.2% of approvals. Borrowers have leverage to shop multiple credit boxes.

Payment Estimator

Loan Amount$42K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$538

Principal & Interest only

Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.

Locations

Big Apple Bagels, unit breakdown

Total Units
N/A
Franchisee Owned
n/a
System Owned
n/a
Closed
n/a

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Big Apple Bagels

Page Review

Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense

  • PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
  • Edward L. Freeman founded PeerSense in January 2020.
  • He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
  • His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
  • In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page

Last reviewed LinkedIn profileAbout Edward Freeman