5321 N Dupont Blvd, Dover, DE 19901

$500,000

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List Price
$500,000
Days on Market
43
Status
ACTIVE
MLS#
DEKT2049162
Lot Size (Acres)
1.6
Year Built
1950
County
Kent
School District
Capital

Property Description

Unique opportunity to acquire God’s Way Delaware, an established three-location Delaware operation with a history dating back to 1996. Offered as a retirement sale, the business, business assets, furniture, fixtures and equipment (FF&E) associated with the three-location operation are being offered for $500,000. The business currently operates locations in Rehoboth Beach, Milford and Dover, providing an established presence across Sussex and Kent Counties. The Rehoboth Beach location at 19871 Coastal Highway, Rehoboth Beach, DE and the Milford location at 1 N. Maple Avenue, Milford, DE operate from leased premises, with the existing leases available for transfer in connection with the business sale, subject to applicable terms and approvals. The third location, which also serves as the organization's headquarters, is located at 5321 N. DuPont Highway, Dover, DE 19901. Unlike the other two locations, the Dover real estate is owned and is being offered separately for $999,000 (See MLS DEKT2049164). A purchaser therefore has the opportunity to acquire the three-location business, associated assets and FF&E for $500,000, with the option to separately acquire the Dover commercial real estate for $999,000, for a combined asking price of $1,499,000. This offering presents an opportunity to acquire an established Delaware operation with multiple locations, existing infrastructure, business assets and an established operating history, while also providing the opportunity to own the real estate associated with its Dover headquarters. Additional business, financial, lease and property information may be made available to qualified prospective purchasers. Please do not approach employees or visit the locations to discuss the sale without an appointment. Contact the listing agents for additional information and to arrange a confidential showing.

Additional Information

Area
Capital (30802)
Taxes
$1984.04
Stories
1
School District
Capital
Flooring
Tile/Brick
Heating
Forced Air
Heating Fuel
Propane - Leased
Cooling
Central A/C
Roof
Flat
Utilities
Cable TV
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of R&R Commercial Realty. Contact: 3028564000