15 Germay Dr Wilmington, DE 19804
- Warehouses
- 8,688 SF
- 0.91 lot acres
Current Use by Public Records
- Cakes By Kim / Cake Shop
- Religious Oils / Religious Goods Store / Perfume Store
- Fastenal Fulfillment Center / Building Materials Store / Wholesaler
Property Details for 15 Germay Dr
- Year built
- 2005
- Construction
- CONCRETE
- Lot size
- 0.91 lot acres
- Property size
- 8,688 SF
- Zone code
- I
- Property type
- Warehouses
- APN
- 07-043.20-062
- APU
- 704320062
Description
This exceptional turnkey opportunity presents a thriving pastry and cake decorating business located at 15 Germay Drive, Wilmington, Delaware, 19804. The 2,244 square foot Class B retail space is priced at $275,000, or $122.55 per square foot. The sale includes all fixtures, furniture, and equipment (FF&E), a comprehensive inventory of small wares, confectionaries, and ingredients, and a valuable established customer database. The seller's extensive 27+ years of experience and proven recipes are also part of the asset purchase, ensuring a smooth transition for the new owner. A two-week training period is offered to facilitate a seamless handover of operations. The fully equipped commercial kitchen boasts state-of-the-art stoves and refrigeration, along with all the specialized tools and equipment necessary for creating custom cakes and pastries. This is a rare chance to acquire a well-established, profitable business with significant growth potential in a desirable location. The property is situated in New Castle County and offers immediate access to a loyal customer base. This is an ideal opportunity for a passionate entrepreneur seeking to own and operate a successful confectionery business.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- New Castle
- State
- Delaware
- Longitude
- -75.5783
- Latitude
- 39.7295
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
