$52,000
$47,500
9.5%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 02/20/2024
Key Details
Sold Price $52,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Subdivision Historic Medford
MLS Listing ID NJBL2059342
Sold Date 02/20/24
Originating Board BRIGHT
Year Built 1885
Annual Tax Amount $14,137
Tax Year 2022
Lot Dimensions 42.48 x 0.00
Property Description
Exciting opportunity to embark on a very delightful bakery business on Main Street in Medford. Excellent visibility, and exposure. The Cupcake Wish Bakery is a fully operational bakery. Selling the complete business name, equipment and …most important, the existing lease comes with it for the next two years. The store unit has been upgraded to 200 Amp service …with all new outlets. All new plumbing was installed along with the required grease trap, to meet township code. This location and position on main street gives you the versatility to keep the present theme, or concept, or….customize it to your own requirements and vision. There's a four (4) page inventory of all the equipment and associated accessories. Most importantly, the owner will provide her existing client base along with all of the recipes that make this very attractive. It's strategically situated close to many neighboring communities….with high density. Some facts: 1. It's a turnkey operation, 2. Limited competition locally, 3. Established customer base, 4. The seller will train and transfer all the methods to the next owner, that is necessary to master her high standards to produce the next artistic level of cupcakes and cakes. Owner will stay on for 2 weeks to consult with the transition, to ensure a flawless transition, 5. Most attractive is…you can renegotiate the existing lease with the Landlord, 6. You can establish your own work week schedule, 7. Street parking in front, and city parking, right next door. Perfect convenience with Access to all the city has to offer. Close proximity to Higher Medical Facilities & Teaching Facilities…such as Cooper, Fox Chase, Jefferson, Virtua & Penn. Close Proximity to High End Shopping, The Promenade Shopping Center, Centerton Square (Wegmans & Costco), Moorestown and Cherry Hill Malls. Convenient location to Routes 70, 73, 206, 38 and the Atlantic City Expressways & Garden State Parkway. Easy access to the Ben Franklin, Walt Whitman, Burlington Bristol, Commodore Barry, Tacony-Palmyra Bridges. Close to the Philadelphia International Airport, & Atlantic City Airport and Sports Stadiums. Just an unbeatable location that highlights this business opportunity. Less than 45 minutes to Long Beach Island, and other shore points. Unlike many communities, Medford has not lost its' “soul” to the suburban sprawl which has consumed many of New Jersey's towns. Medford has a bustling Village area, where unique shops and restaurants line our original and historic “Main Street.”...and, supports new businesses. This is a Business Sale Only.
Location
State NJ
County Burlington
Area Medford Twp (20320)
Zoning HVC
Interior
Hot Water Natural Gas
Heating Central
Heat Source Natural Gas
Exterior
Garage Spaces 55.0
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 55
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Medford Township Public Schools
Others
Tax ID 20-01901-00001 01
Ownership Other
SqFt Source Assessor
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Bought with Tiffanie Hawley • Century 21 Action Plus Realty - Cream Ridge
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "