Business Summary

This Drycleaner was established 24 years ago and is located in one of the highest income areas of Phoenix called Arcadia. Arcadia has only two shopping centers with grocery stores. This dry cleaner is located in one of them. The shopping center was recently remodeled. There are several new high-traffic tenants including a huge day care center. A large number of parents will visit the center twice per day, which gives the dry clean business extra traffic. A home delivery service also has been established.

This is a money maker. The economic down turn has caused a significant decline in sales. In 2005 this business had gross sales of $867,345. 2011 sales through the 2nd quarter show a significant increase in sales. The store has sufficient equipment to handle additional volume from drop stores.
The business enjoys a premise lease that is priced under the going market.

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