Services - Drycleaning/Laundry | Retail - Bars/Taverns

Asking Price	$535,000	Inventory	$2,000*
Gross Income	$450,000	Real Estate
Cash Flow	$144,000	Year Established	1992
FF&E	$100,000*	Employees	4

* included in the asking price

** not included in the asking price

Established for 16 years, the prime location, recession-proof industry, consistent cash flow, and ease of operation, make this offering the most sought after business in the marketplace. Revenue is diversified and obtained from a variety of sources including washers; dryers; wash & fold service; snack bar, beer & drinks, TV lounge with pool table, video games and most importantly, IGT Game-King video poker machines. Plenty of parking for customers, with direct access to the business, completes this "First-Class" and Turn-Key operation. The components of this operation include nearly 4,000 square feet of prime retail space with 46 washers, 56 dryers, wash & fold service counter, and snack bar with gaming. The facilities are located in close proximity to the Meadowood Mall and a dense multi-unit residential neighborhood population base. All equipment is nearly new, professionally maintained, and varies in size and capacity to accommodate customer s needs. The business is open, very active, and supervised 7 days a week from 7:00 a.m. until approximately 11:00 p.m. This incredible Business has established itself as one of Reno's Premier laundry facilities also offering food and beverage, amusements, and recreation. This business is one of a pair of similar facilities, This site serving the South Reno neighborhoods, with the other catering to the North Reno population base. This business is a solid, proven, operation with consistent, historic, revenues, offering the Buyer a rare opportunity to earn a substantial annual income with minimum amount of labor, exposure and risk. Purchase with an SBA loan or Cash, Seller will finance a portion of the purchase price for a credit-worthy Buyer, with acceptable purchase price and terms. The owner is involved in other business interests and relocating out of state.

Facilities: The components of this operation include nearly 4,000 square feet of prime retail space with 46 washers, 56 dryers, wash & fold service counter, and snack bar with gaming. The facilities are located in close proximity to the Meadowood Mall and a dense multi-unit residential neighborhood population base. All equipment is nearly new, professionally maintained, and varies in size and capacity to accommodate customer s needs.

Competition: This incredible Business has established itself as one of Reno's Premier laundry facilities also offering food and beverage, amusements, and recreation. This business is one of a pair of similar facilities, This site serving the South Reno neighborhoods, with the other catering to the North Reno population base.

Growth/Expansion: This business is a solid, proven, operation with consistent, historic, revenues, offering the Buyer a rare opportunity to earn a substantial annual income with minimum amount of labor, exposure and risk.

Financing: Seller will finance a portion of the purchase price for a credit-worthy Buyer.

Support/Training: Seller will provide orientation and training included in the purchase price.

Reason Selling: The owner is involved in other business interests and relocating out of state.