Services - Drycleaning/Laundry | Services - Other Miscellaneous services

Asking Price	$350,000	Inventory
Gross Income	$252,800	Real Estate
Cash Flow	$63,800	Year Established	1983
FF&E	N/A	Employees	8

* included in the asking price

** not included in the asking price

This Is One Of The Best Coin Laundries In The Greater Reno/Sparks Area! The Laundromat Is Located In One Of The Best Locations In The Entire Area And Is Well Maintained And Managed. This Is A Business That Does Not Require Any Major Renovation Or Improvement! This Is A Type Of Business That Performs Well In Recessionary Times! A Long Term Lease Is Available To A Qualified Buyer. Note: The Seller Owns The Real Property Which Includes Additional Retail Space That Is Leased Out To A National Credit Tenant On A Long Term Lease. The Real Property Could Be Available Once The Business Is Sold Or To The Buyer Of The Business. George Morgan, Agent (DRE #01001752). Best Laundry Brokers (DRE #01848441), Fennell & Associates, Reno, Nevada Please Respond To This Ad Or Contact Me At: 530-559-5959

Facilities: The Laundry Is Located In A Smaller Strip Commercial Center In A Very Visable Four Star Location. Parking Is Excellent. The Laundry Occupies 2,400 Sq. Ft. And Has 46 Commercial Washers and 34 30# Drying Tumblers.

Competition: The Overall Reno/Sparks Market Is Challenged Due To The Recession And A Drop In Tourism To The Area. Historically, Coin Laundries Do Well In Recessions. There Only Is Limited And Inferior Competition In The Immediate Area.

Growth/Expansion: There Is Good Potential For A Hands On Owner Operatory To Develop Both The Self Service and The Full Service Parts Of This Business.

Support/Training: Seller Will Provide Training And Consulation To Buyer During The Escrow Period To Familiarize Buyer Will All Aspects Of Owning And Operating The Business.

Reason Selling: Seller Is Retiring After 25 Years Of Ownership