Exhibit 23.1 

     	We consent to the reference to our firm under the caption 
"Experts" and in the "Selected Consolidated Financial Information" and
to the use of our report dated February 7, 1997, except for Note 
13, as to which the date is June 16, 1997 for BAB Holdings, Inc., 
and our report dated October 30, 1996 for Bagels Unlimited, Inc., 
in the Registration Statement and the related Prospectus of BAB 
Holdings, Inc. for the registration of 768,857 shares of its 
common stock. 


ERNST & YOUNG LLP 

Chicago, Illinois 
June 18, 1997