120 Cedar Grove LnSomerset, NJ 08873
- Other commercial real estate
- 3,500 SF
Property Details for 120 Cedar Grove Ln
- Year built
- 1988
- Lot size
- 14.18 AC
- Property size (Sq ft)
- 3,500 SF
- Zone code
- CR
- Property type
- Other commercial real estate
- APN
- 08 00424- 10-00302
- APU
- 8004241000302
Description
This exceptional business opportunity presents a thriving dry cleaning establishment located at 120 CEDAR GROVE LANE, Somerset, NJ. Priced at $100,000, this turnkey operation boasts a substantial existing clientele, comprehensive inventory, and significant goodwill. Services offered include dry cleaning, wash and fold, alterations, and pressing, ensuring a diverse revenue stream. The sale includes all inventory, equipment, a fully functional point-of-sale (POS) system, and the established customer base. Detailed financial information and operational specifics are available upon request for qualified buyers. The owner is prepared to provide training to ensure a smooth transition for the new owner. This prime location within Franklin Township benefits from high visibility and proximity to other established businesses, ensuring consistent customer traffic. The property enjoys convenient access to major roadways, including Routes 287 and 27, making it easily accessible for both customers and employees. This is a rare opportunity to acquire a well-established, profitable business with significant growth potential. Serious inquiries only.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $662,337
- Hospitality
- $606,697
- Educational
- $504,765
- Medical
- $522,124
- Retail
- $785,190
Location Insight
- City
- Somerset
- County
- Somerset
- State
- New Jersey
- Latitude
- 40.5217
- Longitude
- -74.5203
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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