Very profitable and prosperous turnkey bakery and cafe located in the heart of downtown Henniker (the only Henniker on Earth!). Charming Henniker, a quaint New Hampshire village, is home to New England College, Pats Peak Ski Area & many other local businesses. Being offered for purchase is the land/building and all the furniture, fixtures and equipment to continue a profitable enterprise. The business name is not available due to another location that they also own having the same name. The current owners have built a popular eatery business both with regular customers and visitors alike. The dining area is bright and sunny with many windows and plenty of seating. Since April 2023, the current owner has invested over $52, 000. 00 replacing the heating and cooling system and many major restaurant items which include a double door freezer, work top fridge, commercial hood, hot water heater, and a sandwich prep station. A full equipment list put the FF&E value at over $83, 000. Financials and detailed equipment list is available upon executing a Confidentiality and Non-Disclosure Agreement. 2024 year end P&L shows over $509k of gross income and the town has the property assessed at over $241, 500! Property could have many other commercial uses other than a bakery or cafe.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $318,560 | $318,560 | $318,560 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.159% | 6.392% |
Monthly Tax Payment | $450 | $450 | $450 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,093 | $2,117 | $2,710 |
Total Monthly Payment | $2,618 | $2,642 | $3,235 |
* 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.