2 Established Big Apple Bagels Cafes (Owner Retirement)
| Asking Price: | $350,000 |
| Inventory: | $12,000 |
| EBITDA: | $55,000 |
| Established Year: | 2016 |
| Gross Revenue: | $500,000 |
| Rent: | $2,800/Month |
| FF&E: | $228,000 |
This is your opportunity to purchase a long-established Big Apple Bagel location! The Lake Michigan Dr. location is located on the inbound side of a major traffic corridor in Grand Rapids. This location runs great sales at a 12% growth rate and is profitable! Business is strong with take-out, third-party delivery, catering, and even wholesale sales.
The Plainfield Ave. location is located on the inbound side of another major traffic corridor in Grand Rapids. This location runs great sales at a 17% growth rate and is profitable! Business is strong with take-out, third-party delivery and catering.
The brand is focused on breakfast and lunch, featuring bagels (of course), muffins, sandwiches, and coffee drinks. The location has a recently-updated small dining room with potential expansion through a pick-up window and includes plenty of available parking. All equipment is in good operating condition and mechanicals are solid.
The Lake Michigan Dr. cafe is available for $350,000.00 including inventory
The Plainfield Ave. location is available for $350,000.00 including inventory.
I am will to negotiate a much better price for both stores sold together. We have found huge benefit from having 2 stores instead of one.
BUSINESS LOCATION
