Big Apple Bagels - Traverse City

Business Opportunity for Sale
Catylist Listing ID: 30672235
Property Subtypes: Food and Beverage
Building Size (RSF): 2,848 SF
Sale Price: $249,000
In Opportunity Zone? Yes
Name of Establishment: Big Apple Bagels
Franchised Business: Yes
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: cash to seller
Last Updated: 9/2/2021

Overview / Comments

Great business opportunity in Traverse City. BIG APPLE BAGELS. In Traverse City since 1998 and under current ownership since January 2011, store #366-01 is one of 71 currently in 22 states. The Traverse City store has had the highest Sales of all stores since 2016 and is the first and only Big Apple Bagels store in the Million Dollar Club, exceeding 1 Million in Sales in 2019. Procedures and standards are in place to ensure that this store operates efficiently, consistently receiving perfect or high 90 scores from GT County Health Department. It will transfer with a low UIA Tax Rate Determination of 0.80%. A tremendous opportunity to own a profitable business in Traverse City.

Additional Details

Nearest MSA: Traverse City
County: Grand Traverse
Industry Segment: Restaurants
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,823 26,155 41,281
Median Age: 38.62 40.29 41.82
Households: 1,356 11,985 18,175
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