Big Apple Bagels® Master Franchise Agreement Signed

DEERFIELD, Ill. - May 01, 2014 - (BUSINESS WIRE) - BAB Systems, Inc., the franchising subsidiary of BAB, Inc. (OTCBB: BABB) today announced the signing of a Master Franchise Agreement with Mont Royal General Trading LLC, a Dubai based company, for the development of Big Apple Bagels stores throughout the Middle East. The Territory covered by the Agreement includes ten countries.

Pursuant to the Agreement, the Master Franchisee must open at least thirty Big Apple Bagels stores in the Development Territory over a ten-year period, with nine required to open within the first three years. The first store is now under development in Dubai. BAB will receive royalties of at least three-percent of sales in all stores opened under the Agreement whether owned by or sub-franchised by the Master Franchisee.

BAB, Inc. franchises and licenses Big Apple Bagels®, My Favorite Muffin®, SweetDuet Frozen Yogurt & Gourmet Muffins® and Brewster’s® Coffee. The Company’s stock is traded on the OTCBB under the symbol BABB and its web site can be visited at www.babcorp.com.

Certain statements in this press release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "forecast," "estimate," "project," "intend," "expect," "should," "would," "believe" and similar expressions and all statements which are not historical facts are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which could cause the company’s actual results, performance (financial or operating), or achievements to differ from the future results, performance (financial or operating), or achievements expressed or implied by such forward-looking statements. The above factors are more fully discussed in the company’s SEC filings.

Contact:

Michael K. Murtaugh
BAB, Inc.
O: (847) 948-7520
F: (847) 405-8140
www.babcorp.com

###

Comments:

comments powered by Disqus

Franchise News Room »


News By Industry »


Featured Opportunities

SiempreTax
SiempreTax+ is a low-investment tax franchise opportunity. SiempreTax+ specializes in tax return preparation for individuals and small businesses in...
American Family Care
The demand for health care services increases every year. People want and need access to health care on their terms - which usually means immediately!
Firehouse Subs
We are currently looking for hard-working, dedicated people to become Area Representatives in markets throughout the United States.
Blink Fitness
At Blink Fitness, exercise isn't just about looking good, it's also about how it makes you feel.
Scooter's Coffee
The success of the Scooter's Coffee franchise is based upon a commitment to quality products, fast and accurate service, and always delivering...
Share This Page

Subscribe to Franchising Express

A Franchise Update Media Production
Franchise Update Media
P.O. Box 20547
San Jose, CA 95160
PH. (408) 402-5681
In Loving Memory Of Timothy Gardner (1987-2014)

Copyright © 2001 - 2018.
All Rights Reserved.