Kootenai County Hayden, ID 83835
- Retail properties
- 3,200 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Kootenai County
- Property size
- 3,200 SF
- Property type
- Retail properties
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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hayden
- County
- Kootenai
- State
- Idaho
- Longitude
- -116.701
- Latitude
- 47.8008
