Owners will not close the bakery but plan to pass on the baton to a new owner. This well-established bakery has been an icon in the Meriden community for 40 years. They've received outstanding consumer reviews and were featured on Fox61-Foodie Friday, House Hunters Best Kept Secret, WFSB, WEAU, Foursquare, and Roadtrips. Their strong customer loyalty is because customers become part of the family and enjoy the welcoming atmosphere. Customers who frequent the bakery are local and out-of-the-area and order their baked goods all year round, on special occasions, and especially for every holiday. The bakery's main attractions are the variety of delicious homemade pies, cakes for all occasions, cookies, breads, rolls, and flavored ice. They are well-known for their tasty cannolis with various fillings and shells made on the premises and freshly prepared upon ordering. The owner/seller is willing to negotiate up to 30 consulting hours for training. Enjoy ownership of this vibrant bakery to continue a longstanding 40-year legacy for all its satisfied customers.
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $143,200 | $143,200 | $143,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $977 | $952 | $1,208 |
Total Monthly Payment | $1,052 | $1,027 | $1,283 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.