Profitable business and investment real estate opportunity
Property Description
Profitable longstanding business and investment real estate opportunity in the heart of Knoxville Tennessee.
High profile and highly visible site at one of West Knoxville’s busiest red-light corners, this independently owned and operated laundry and dry cleaning service is a great opportunity for an existing operator to expand current operations and market share while penetrating a proven market with strong demographics supporting this business model. Turn-key operation with all equipment tradename, signage and infrastructure in place.
A staple and well known service commodity, originally constructed in 1946, the current owners have been operating successfully at this location since 1990. This business and real estate investment can be purchased for $1,549,000.00.
Knoxville is experiencing some of the strongest demand and development for real estate it has experienced in a number of years. A host of national and proven local retailers nearby include:
Costco, Walmart, Target, The Fresh market, Pinnacle 18 shopping center, Kroger Market Place, Aldi, Chase bank, Smart bank, Admiral pub, 35 North bar and Grill, McDonald’s, Taco Bell, Dairy Queen ,Planet Fitness, Gold’s Gym , Little Gym, Honeybee Coffee, Summer Moon Coffee, Starbucks, Pure Magic Carwash, Discount Tire.
Contact Nina Magill via email to request a non-disclosure agreement for financials and detailed location information.
***The business is still in operation and has NDA in place. Please do not disturb the business, contact listing agent to arrange a tour.***
High profile and highly visible site at one of West Knoxville’s busiest red-light corners, this independently owned and operated laundry and dry cleaning service is a great opportunity for an existing operator to expand current operations and market share while penetrating a proven market with strong demographics supporting this business model. Turn-key operation with all equipment tradename, signage and infrastructure in place.
A staple and well known service commodity, originally constructed in 1946, the current owners have been operating successfully at this location since 1990. This business and real estate investment can be purchased for $1,549,000.00.
Knoxville is experiencing some of the strongest demand and development for real estate it has experienced in a number of years. A host of national and proven local retailers nearby include:
Costco, Walmart, Target, The Fresh market, Pinnacle 18 shopping center, Kroger Market Place, Aldi, Chase bank, Smart bank, Admiral pub, 35 North bar and Grill, McDonald’s, Taco Bell, Dairy Queen ,Planet Fitness, Gold’s Gym , Little Gym, Honeybee Coffee, Summer Moon Coffee, Starbucks, Pure Magic Carwash, Discount Tire.
Contact Nina Magill via email to request a non-disclosure agreement for financials and detailed location information.
***The business is still in operation and has NDA in place. Please do not disturb the business, contact listing agent to arrange a tour.***
Listing Info
- ID:
- 2316878
- Listing Views:
- 2279
Attached DocumentsAttachment Disclaimer
Listing ID: 2316878 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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