Albany, GA 31707
- Office Properties & Spaces
- 4,634 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details
- Year built
- 1969
- Property size
- 4,634 SF
- Property type
- Office Properties & Spaces
Description
This exceptional investment opportunity presents a thriving, market-leading dry cleaning business in Albany, Georgia, asking $4,250,000. The sale includes five strategically located properties totaling 17,943 square feet. The main facility, a 4,634 square foot Class B building constructed in 1969 and renovated in 1971, houses the primary dry cleaning plant, along with customer drop-off/pick-up areas and offices. A second 5,555 square foot building serves as a laundry plant, also featuring drop-off/pick-up and two income-producing rental units. Three additional smaller buildings, ranging from 1,734 to 3,800 square feet, function as convenient drop-off/pick-up locations. These properties benefit from high daily traffic counts, ranging from 10,100 to 24,000 cars per day, ensuring consistent customer access. The business boasts over $1.5 million in annual revenue and features state-of-the-art equipment in excellent condition. Established for over 50 years, this family-owned enterprise holds a dominant market position. Detailed financial information and precise location specifics are available upon execution of a Confidential Disclosure Agreement. This is a rare chance to acquire a well-established, profitable business with significant growth potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Albany
- County
- Dougherty
- State
- Georgia
- Longitude
- -84.1557
- Latitude
- 31.5785
