Property profile

Business Opportunity Pickerington, OH 43147

OFF-MARKET
Investment properties
2.5 ac lot
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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

Location

Business Opportunity Pickerington, OH 43147
Pickerington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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