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    Business Opportunity, Pickerington, OH 43147

    2.5 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional business opportunity presents a well-established drop-off dry cleaning business in Pickerington, Ohio. Operating successfully for two decades under only two owners, this turnkey operation is now being offered for sale due to the owner's retirement. The 1,400 square foot facility is situated on a 2.5-acre lot in a high-traffic location with a strong tenant mix and excellent demographics. The current favorable lease agreement is approximately $1,845 per month. The sale includes all furniture, fixtures, equipment, leasehold improvements, a computer, and software. A significant asset is the experienced and dedicated staff who have cultivated a loyal customer base. Annual sales are approximately $264,000, presenting substantial potential for growth under new ownership. The business is currently owner-operated. Detailed financial information is available to qualified buyers upon completion of a Confidentiality/Non-Disclosure Agreement. An independent accountant's valuation, as of June 30, 2024, places the business value between $158,650 and $215,049. This rare opportunity is priced at $195,000, plus inventory. Don't miss this chance to acquire a profitable and established business in a prime location.

    Property profile
    Verified
    Property type Investment properties
    Lot 2.5 ac (108,900 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
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    Comparable Approach Comparable
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    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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