Established Big Apple Bagels Cafe (Owner Retirement)

Asking Price$320,000

Cash Flow

EBITDA$60,000

Gross Revenue$539,000

Inventory$14,000
Not included in asking price
FF&E$115,000
Included in asking price
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Established Big Apple Bagels Cafe (Owner Retirement)


Asking Price$320,000

Cash Flow

EBITDA$60,000

Gross Revenue$539,000

Inventory$14,000
Not included in asking price
FF&E$115,000
Included in asking price
Business Description
ESTABLISHED BIG APPLE BAGELS CAFE - OWNER RETIREMENT

This turnkey Big Apple Bagels franchise presents an exceptional opportunity to acquire a profitable, well-established cafe in Grand Rapids, MI. Operating successfully since 2000, this location generates $539,000 in annual revenue with $60,000 in seller's discretionary earnings.

BUSINESS OVERVIEW:
Strategically positioned on Plainfield Avenue's inbound traffic corridor, this 1,000 square foot cafe captures high-volume commuter and local traffic. The franchise specializes in breakfast and lunch offerings including fresh bagels, muffins, pastries, coffee drinks, and signature breakfast and lunch sandwiches.

FINANCIAL PERFORMANCE:
- Annual Revenue: $539,000
- Cash Flow (SDE): $60,000
- EBITDA: $60,000
- Demonstrating 15% growth rate
- Strong profitability with diversified revenue streams

REVENUE STREAMS:
- Dine-in and take-out service
- Third-party delivery partnerships
- Catering services
- Morning commuter traffic
- Lunch business

OPERATIONAL ADVANTAGES:
- Established customer base built over 24 years
- Prime location on major traffic corridor
- All equipment in excellent operating condition
- Solid mechanical systems
- Proven franchise system with brand recognition
- Current manager willing to stay on for seamless transition

LEASE TERMS:
- Monthly rent: $1,800
- Lease expires: January 1, 2030
- Favorable rate for high-traffic location

INCLUDED ASSETS:
- FF&E valued at $115,000
- Inventory valued at $14,000
- Established franchise rights
- Operational systems and procedures

This opportunity offers an ideal entry into the food service industry with an established brand, proven location, and strong financial performance. The current owner is retiring after successfully building this profitable operation over more than two decades.

Asking Price: $320,000

Perfect for an owner-operator or investor seeking a stable, profitable food service business in a growing market.
About the Business
Years in Operation
25
Employees
11 (3 Full-time, 8 Part-time)
Franchise
This business is an established Big Apple Bagels franchise
Facilities & Assets
Building contents, all equipment and inventory go with the sale.
Market Outlook / Competition
Prime Location, well established, large amount of repeat guests, No bagels shops within 5 miles of the shop, improved sales potential with extending hours
Opportunities for Growth
Catering, Third Party
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,000
Rent
$1,800.00 per month
Lease Expiration
1/1/2030
About the Sale
Seller Motivation
Retirement
Transition Support
Manager willing to stay on.
Listing Info
ID
2435616
Listing Views
85
Business Location

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Business Listed by: Rick Burger

Listing ID: 2435616 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.