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Property profile & analytics
OFF-MARKET
Investment properties

Confidential Peabody, MA 01960

0.05 ac lot Built 1988
Property ID
Property summary
AI-generated overview

This exceptional opportunity presents the chance to acquire a well-established dry cleaning business in Peabody, MA. Boasting a remarkable 35+ year history and a loyal customer base, this turnkey operation is ready for a new owner. Included in the sale is a 5-year-old, 55-pound hydrocarbon dry cleaning machine, a washer, and three pressing machines – all essential equipment for continued operation. The current owner is retiring, offering the potential for owner training upon request, ensuring a smooth transition. Financial records demonstrate consistent growth and high customer satisfaction, showcasing the business's strong performance and potential for future expansion. Strategically located on a busy street with excellent visibility and convenient access near Routes 1 and 128, this prime location guarantees high traffic and customer accessibility. The 0.05-acre lot provides ample space for the existing operations. This is a rare opportunity to own a profitable, established business with a proven track record and significant growth potential. Don't miss this chance to step into a successful enterprise with a loyal clientele and a prime location. The asking price is $150,000.

Property profile
Verified
Property type Investment properties
Year built 1988
Lot 0.05 ac (2,178 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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