Asking Price: $273,900

Gross Revenue: $386,400

Cash Flow: $87,000

Inventory: $2,000 (Included in Asking Price)

FF&E: $90,000 (Included in Asking Price)

Seller Financing: SBA loan or Cash, Seller will finance a portion of the purchase price for a credit-worthy Buyer, with acceptable purchase price and terms.

Established for 17 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, 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 48 washers, 62 dryers, wash & fold service counter, and snack bar with gaming. The facilities are located in close proximity to UNR and a dense 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 North Reno neighborhoods, with the other catering to the dense population base South Reno. 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. Buyer may purchase with an SBA loan or Cash, or 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. The Seller will provide orientation and training included in the purchase price.

Year Established: 1991

Employees: 2 full time - 2 part time

Facilities: 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 North Reno neighborhoods, with the other catering to the dense population base South Reno.

Market Outlook and Competition: 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.

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

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