We study representation theory of quantizations of Nakajima quiver varieties associated to bouquet quivers. We show that there are no finite dimensional representations of the quantizations A ¯ λ ( n , ℓ ) \overline {\mathcal {A}}_{\lambda }(n, \ell ) if both dim V = n \operatorname {dim}V=n and the number of loops ℓ \ell are greater than 1 1 . We show that when n ≤ 3 n\leq 3 there is a Hamiltonian torus action with finitely many fixed points, provide the dimensions of Hom-spaces between standard objects in category O \mathcal {O} and compute the multiplicities of simples in standards for n = 2 n=2 in case of one-dimensional framing and generic one-parameter subgroups. We establish the abelian localization theorem and find the values of parameters, for which the quantizations have infinite homological dimension.