15 Germay Dr, Wilmington, DE 19804
For Sale
1 / 2
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.
-
Cakes By Kim Bakery Specialty Food Shop
-
Religious Oils Religious Bookstore
-
Fastenal Fulfillment Center Big Box & Wholesale Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I · Wilmington, DEWilmington. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.