Current Use by Public Records
- Investment properties
Property Details for Confidential
- Year built
- 1988
- Lot size
- 0.05 lot acres
- Property type
- Investment properties
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Peabody
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.9785
- Latitude
- 42.5425
