Rule 424(b)(3)
Registration No. 333-29297
BIG CITY BAGELS, INC.
SUPPLEMENT TO PROSPECTUS DATED JULY 9, 1997
This Supplement to the Prospectus, dated July 9, 1997, of Big City
Bagels, Inc. ("Company") provides current information with respect to the
Company's franchising activity.
On September 18, 1997, the Company announced that it had signed a seven
store area development franchise agreement with Cross Creek Bagel Inc. of
Fayetteville, North Carolina. The franchisee anticipates opening Big City Bagels
drive-thru stores throughout Fayetteville, with the first location scheduled to
open in November 1997. On September 22, 1997, the Company announced that it had
signed a licensing agreement with Total Petroleum, Inc. (a public company traded
on the American Stock Exchange) pursuant to which the licensee will open and
operate full service Big City Bagels stores at Total Petroleum gasoline and
convenience store stations. Following a short trial, the licensee intends to
operate a minimum of seven full service Big City Bagels stores. The first store
is expected to open in November 1997 in Superior, Colorado. On September 4, 1997
the Company terminated a twelve-store area development agreement it had entered
into in 1996 providing for the opening of stores in Texas. The franchisee under
that agreement had not opened a single store and, as a result, the Company
terminated its relationship.
The following table sets forth by location the number of currently
opened company-owned stores and franchises and the number of franchises that
have been sold but not yet opened:
<TABLE>
<CAPTION>
Franchises Sold Total
Location Stores Open But Not Yet Opened Stores
<S> <C> <C> <C>
Arizona............................ 2(1) 3 5(1)
California......................... 9(2) 3 12(2)
Colorado........................... 0 7 7
Idaho.............................. 1 1 2
Minnesota.......................... 3 9 12
Nevada............................. 0 1 1
North Carolina..................... 0 7 7
Utah............................... 1(3) 0 1
Washington......................... 0 2 2
--- --- ---
Total..................... 16 33 49
- -----------------------------
<FN>
(1) Includes two Company-owned stores.
(2) Includes three Company-owned stores.
(3) Includes one Company-owned store.
</FN>
</TABLE>
The date of this Supplement is September 26, 1997
<PAGE>
