Established Big Apple Bagels Cafe (Owner Retirement)
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.
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
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.
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