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    6124 Hickory Flat Hwy Canton, GA 30115

    Sponsored
    For Sale
    $150,000

    Established Dry Cleaning Businesses, High Revenue

    Property size:
    1,540 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity features two established dry cleaning businesses in Canton, Georgia. One is located in a Publix-anchored shopping center, and the other in a Publix shadow shopping center, ensuring high visibility and foot traffic. The combined businesses boast a gross annual income of $300,000 and a net operating income of $80,064. One business is offered for $150,000, while the purchase of both, including the plant, is priced at $339,000. The businesses were established in 2006 and 2008, respectively, and occupy a total of 1,540 square feet of leased space. The lease type is NNN. This turnkey operation presents a strong return on investment in a desirable location within Cherokee County, offering a rare chance to acquire a well-established and profitable business in a high-traffic retail environment. The property is situated at 6124 Hickory Flat Hwy, Canton, GA 30115. This listing presents a unique opportunity for an investor seeking a profitable and established business in a prime retail location. Further details are available upon request.

    Property Features for 6124 Hickory Flat Hwy

    General Information

    Property type
    Retail properties
    Square Feet
    1,540 SF

    HighLights

    • $150,000 asking price for one dry cleaning business; $339,000 for both businesses including the plant.
    • Two dry cleaning businesses for sale, established in 2006 and 2008.
    • Gross annual income of $300,000.
    • Net operating income (NOI) of $80,604.
    • One business located in a Publix‑anchored shopping center, the other in a Publix shadow center.
    • 1,540 square feet of retail space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Wholesale Shop Clothing Store Gym & Fitness Kitchen & Bath Storage Facility HVAC Service Garden Center Electrical Service Furniture Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Cherokee
    State
    Georgia
    Longitude
    -84.4192102
    Latitude
    34.175466

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    FAQs

    What type of property is this?
    Retail property - Established Dry Cleaning Businesses, High Revenue
    Where is this retail property located?
    The property is located at 6124 Hickory Flat Hwy Canton, GA.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: $150,000 asking price for one dry cleaning business; $339,000 for both businesses including the plant.; Two dry cleaning businesses for sale, established in 2006 and 2008.; Gross annual income of $300,000.
    (404) 610-6275
    Request Owner's contact information
    6124 Hickory Flat Hwy Canton, GA 30115
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    Canton, GA 30115
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6124 Hickory Flat Hwy Canton, GA 30115
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