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: |
$345,000 |
| In Opportunity Zone? |
Yes |
| Name of Establishment: |
Big Apple Bagels |
| Franchised Business: |
Yes |
| Gross Revenue: |
$0 (Annual) |
| Cash Flow: |
$0 (Annual) |
| Sale Terms: |
cash to seller |
| Last Updated: |
4/2/2021 |
Overview / Comments
Great business opportunity in Traverse City. BIG APPLE BAGELS. In Traverse City since 1998 and under current ownership since January 2011, store #366-01 is one of 71 currently in 22 states. The Traverse City store has had the highest Sales of all stores since 2016 and is the first and only Big Apple Bagels store in the Million Dollar Club, exceeding 1 Million in Sales in 2019. Procedures and standards are in place to ensure that this store operates efficiently, consistently receiving perfect or high 90 scores from GT County Health Department. It will transfer with a low UIA Tax Rate Determination of 0.80%. A tremendous opportunity to own a profitable business in Traverse City.
|
Additional Details
| Nearest MSA: |
Traverse City |
| County: |
Grand Traverse |
| Industry Segment: |
Restaurants |
| Value of Inventory Included ($): |
$0 |
| Value of Furniture, Fixtures, and Equipment ($): |
$0 |
| Real Estate Status: |
Leased |
| Value of Real Estate Included ($): |
$0 |
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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