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    Turn-Key Dessert Business Opportunity Title is generated by Realmo AI

    26670 Centerview Dr, Millsboro, DE 19966

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    For Sale
    $284,000

    Established dessert business for sale in Millsboro, Delaware.

    Type:Business Opportunity
    Property size:
    1,600 SF
    Lot size:
    3.46 Acres
    Price / SF:
    $177/SF
    Added:
    Apr 11, 2025
    Days on Market:
    453
    Last Refresh:
    Jun 24 at 11:01 am

    Property Features for 26670 Centerview Dr

    General Information

    Standard status
    Active
    Size
    1,600 SF
    Lot size
    3.46 Acres
    Property subtype
    Business Opportunity

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    Keith Walpole
    Keith Walpole

    Listing office R&R Commercial Realty

    Listing date Apr 11, 2025

    Source Exprealty

    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 R&R Commercial Realty

    HighLights

    • Turn‑key dessert and sweets business opportunity.
    • Includes all equipment, inventory, branding, and intellectual property.
    • Fully equipped retail space of approximately 1,600 square feet.
    • Established business with a loyal customer base and strong social media presence.
    • Proven track record of success.
    • Ideal for owner/operator or expansion of existing brand.

    Overview

    An opportunity exists to acquire a turn-key dessert and sweets business in Millsboro. The business operates within a fully equipped retail space of approximately 1,600 square feet. The sale includes all equipment, inventory, branding, and intellectual property associated with the locally recognized Smack N' Sweet name. The business has a customer base and a social media presence, with a track record. This opportunity is suited for an owner/operator or as an expansion for an existing brand.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $28.8k $18.00
    − Vacancy −$3.0k −$1.85
    EGI $25.8k $16.15
    − OpEx −$6.5k −$4.04
    NOI $19.4k $12.11
    1,600 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $276.8K
    $242.2K – $322.9K (±1% cap)
    NOI $19,375 @ 7.0% cap · market cap 6.82%
    Second Best
    Retail
    $204.9K
    $179.3K – $239.1K (±1% cap)
    NOI $14,343 @ 7.0% cap · market cap 5.05%
    Theoretical Best
    Office A
    $439.7K
    $384.7K – $513.0K (±1% cap)
    NOI $30,778 @ 7.0% cap · market cap 10.84%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Asian Express Restaurant Rébol Taco Shop Restaurant Supercuts Hair Salon Smack 'n Sweets Grocery & Convenience Store Easy Money EMG Loan Service

    Suggested Use

    Gym & Fitness Center Big Box & Wholesale Store Accounting Firm HVAC Service Electrical Service Electronics & Wireless Store Cafe & Coffee Shop Department Store Parking Lot & Garage Clothing & Fashion Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Millsboro
    County
    Sussex
    State
    Delaware
    Longitude
    -75.2876
    Latitude
    38.5744

    FAQs

    What type of property is this?
    Storefront property - Established dessert business for sale in Millsboro, Delaware.
    Where is this storefront property located?
    The property is located at 26670 Centerview Dr Millsboro, DE.
    What is the asking price?
    The asking price for this property is $284,000.
    What are key features of this property?
    This property features: Turn‑key dessert and sweets business opportunity.; Includes all equipment, inventory, branding, and intellectual property.; Fully equipped retail space of approximately 1,600 square feet.
    More about this property
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