Turnkey Bakery Business
948 Cromwell Ave Rocky Hill, CT 06067
948 Cromwell Ave, Rocky Hill, CT, 06067
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For Sale
Contact for pricing
Turnkey bakery operation with included FF&E and an existing lease at $6,065.72 monthly plus approximately $1,000 NNN charges.
Property Size3,750 SF
Price / SF$105.47
Days on Market77
Property Features for 948 Cromwell Ave
General Information
- Standard status
- Active
- Size
- 3,750 SF
- Property subtype
- Retail
Listing agency
Agnelli Real Estate
Listed by
Rick Ziff · License #CT 0792917
Source
Crexi
Added: May 7 Updated: Jul 21 at 8:09AM Checked: Jul 21 at 8:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Agnelli Real Estate
Investment Insights
Based on property information with market context.
A highly respected, well-established landmark bakery business offered for sale as a turnkey operation. Serving the community since 2003, the business produces baked goods, specialty cakes, desserts, pastries, and breakfast and lunch items, with catering services as part of the operation. Approximately 3,750 SF is currently in use and the space is fully equipped, with included furniture, fixtures, and equipment valued at approximately $129,500 in the asking price.
The business is located on Cromwell Ave in Rocky Hill in a prime, high-traffic setting, with excellent visibility and accessibility noted in the remarks. The current lease is described as favorable, with rent of $6,065.72 per month plus approximately $1,000 in NNN charges.
Reported business highlights include approximately $1.2 million in sales and approximately $195,000 NOI. Included in the sale are the furniture, fixtures, and equipment; the established business name and goodwill; recipes and operational systems; an existing customer base; and inventory estimated at approximately $15,000. Confidentiality is required, and prospective buyers will be asked to complete a confidentiality agreement and provide proof of funds prior to receiving additional financial information or scheduling a tour.
The business is located on Cromwell Ave in Rocky Hill in a prime, high-traffic setting, with excellent visibility and accessibility noted in the remarks. The current lease is described as favorable, with rent of $6,065.72 per month plus approximately $1,000 in NNN charges.
Reported business highlights include approximately $1.2 million in sales and approximately $195,000 NOI. Included in the sale are the furniture, fixtures, and equipment; the established business name and goodwill; recipes and operational systems; an existing customer base; and inventory estimated at approximately $15,000. Confidentiality is required, and prospective buyers will be asked to complete a confidentiality agreement and provide proof of funds prior to receiving additional financial information or scheduling a tour.
Key Highlights
- Patty Cakes Bakery of CT has operated since 2003 with an established local customer following.
- ~3,750 SF turnkey bakery business with furniture, fixtures & equipment included (est. $129,500 FF&E value).
- Reported sales of approximately $1.2 million and reported NOI of approximately $195,000.
Property Analytics
Location Intelligence
Current Use by Public Records
Patty Cakes Bakery ...
Bakery
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Turnkey bakery operation with included FF&E and an existing lease at $6,065.72 monthly plus approximately $1,000 NNN charges.
Where is this conventional restaurant located?
The property is located at 948 Cromwell Ave Rocky Hill, CT.
What is the asking price?
The asking price for this property is $395,500.
What are key features of this property?
This property features: Patty Cakes Bakery of CT has operated since 2003 with an established local customer following.; ~3,750 SF turnkey bakery business with furniture, fixtures & equipment included (est. $129,500 FF&E value).; Reported sales of approximately $1.2 million and reported NOI of approximately $195,000.
