|
BAB, Inc. operates, franchises and licenses bagel, muffin and coffee retail units under the Big Apple Bagels, My Favorite Muffin and Brewster's Coffee trade names. As of November 30, 2003, the Company had 182 units in operation in 27 states, plus eight international units, including outlets in Egypt, Peru and the United Arab Emirates. The Company also derives income from the sale of its trademark bagels, muffins and coffee through non-traditional channels of distribution, including under licensing agreements with Mrs. Fields Famous Brands, Kohr Bros. Frozen Custard and through direct home delivery of specialty muffin gift baskets and coffee. BAB has four Company-owned stores, 173 franchised locations and five licensees. Big Apple Bagels units are concentrated in the Midwest and Western United States, while My Favorite Muffin units are clustered in the Middle Atlantic States. The Brewster's coffee products are sold in all Company-owned and a majority of the franchised units.
|