**Established Local Bakery for Sale – 20 Years in Business**
This beloved neighborhood bakery, nestled in a bustling strip mall with high foot traffic, has been serving the community for over 20 years. Known for its top-quality cookies and cakes made fresh on-site, the business has built a loyal customer base with its original, time-tested recipes.
The sale includes all inventory, ingredients, and the full suite of proprietary recipes and intellectual property. Favorable lease terms are fully transferrable, with six years remaining—offering stability and value in a prime location.
Perfect opportunity for an experienced baker or entrepreneur looking to step into a turnkey operation with a strong local presence and proven success.
61-22 Springfield Boulevard, New York, (Bayside), NY, 11364
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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