Business Opportunity, Pickerington, OH 43147
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.