Deluxe Cleaners Business
1614 House Ave, Cheyenne, WY 82001
Established dry cleaning business with real estate for sale.
Type:Retail
Property size:
4,150 SFPrice / SF:
$174/SF- Added:
- Aug 3, 2024
- Days on Market:
- 670
- Last Refresh:
- May 12 at 9:08 pm
Property Features for 1614 House Ave
General Information
- Standard status
- Active
- Size
- 4,150 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1945
Listing agent Chuck West License #WY 12852
Listing office Coldwell Banker | The Property Exchange
Listing date Aug 3, 2024
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker | The Property Exchange
HighLights
- Established Business: Deluxe Cleaners with strong 2025 Gross Income ($494,196) and NOI ($128,766.44).
- SBA Financing Available: 90% LTV, 1.2 DCR, 6%/20 years fixed.
- Owner Training: Current owner will train new owner for one month.
- Owner/User Opportunity: Ideal for an owner‑operator.
- Profitable Business: Demonstrated by actual 2025 NOI and EBITDA.
- Year Built: 1945
Overview
This offering features a retail space currently operating as Dash, Inc. dba Deluxe Cleaners. The business generated a gross income of $494,196 in 2025, with an actual net operating income of $128,766.44. The property size is 4,150 square feet. The current owner will provide training for the new owner for one month. SBA financing is available with 90% LTV and a 1.2 debt coverage ratio at 6% fixed for 20 years. The property is located in Cheyenne, Wyoming.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $77.2k | $18.60 |
| − Vacancy | −$9.2k | −$2.21 |
| EGI | $68.0k | $16.39 |
| − OpEx | −$20.4k | −$4.92 |
| NOI | $47.6k | $11.47 |
4,150 SF · lease $18.60/SF/yr · vacancy 11.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$680.0K
$595.0K – $793.4K
NOI $47,603 @ 7.0% cap · market cap 6.57%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Deluxe Cleaners & Tailors
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Cheyenne
- County
- Laramie
- State
- Wyoming
- Longitude
- -104.8125295
- Latitude
- 41.1344412
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Established dry cleaning business with real estate for sale.
Where is this retail space located?
The property is located at 1614 House Ave Cheyenne, WY.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Established Business: Deluxe Cleaners with strong 2025 Gross Income ($494,196) and NOI ($128,766.44).; SBA Financing Available: 90% LTV, 1.2 DCR, 6%/20 years fixed.; Owner Training: Current owner will train new owner for one month.
