Property Details for 0 Kootenai County

Property size

3,200 SF

Property type

Retail properties & Spaces

Description

This established North Idaho dry cleaning business, operating for over 20 years, presents a unique investment opportunity. Located in Hayden, Idaho, at 0 Kootenai County, zip code 83835, this turn-key operation boasts a 3,200 square foot space, currently leased with an expiration date in 2028, offering flexibility for a longer-term lease with the landlord. The asking price is $495,000, translating to $154.69 per square foot. Financial records, available under a confidentiality agreement, reveal an average net income of $149,000 per year over the past three years (note: this reflects owner's salary as a payroll expense). The business includes all furniture, fixtures, and equipment (FF&E), and employs 10 people. The current owner works limited hours, and the business also benefits from a mobile service component, expanding its reach. A loyal customer base, comprised of both individual and local business clients, ensures consistent revenue. This profitable business offers significant potential for growth and expansion within the North Idaho market. The sale includes the business and all FF&E.

Location Insight

City

Hayden

County

Kootenai

State

Idaho

Longitude

-116.701

Latitude

47.8008