Laundromat Mat in Garden Grove, Orange County CA-In Escrow

Garden Grove, CA
listing image
Asking Price:$150,000
Established Year:2005
BUSINESS DESCRIPTION

In escrow

Older laundromat in Garden Grove. We have owned it for 5 years. We are going to be moving to Utah half time.

$150,000
This is a coin operated laundromat in Garden Grove. It is an older laundromat with opportunities to grow the business. There is additional potential to by adding a full or part time wash & fold person and to expand into pickup and delivery services. Good location- Close to many high density multi family apartment buildings. In the shopping center there is a Yoshinoya, restaurants, barber, dentist, and liquor store.

EQUIPMENT | VEND PRICE
TOPLOAD 16 Huebsch $2.50
FRONTLOAD 14 Speed Queen 30# $3.50
FRONTLOAD 6 Speed Queen 40# $ 4.50
FRONTLOAD 3 Speed Queen 60# $5.50
FRONTLOAD 2 Speed Queen 80# $8.00
DRYER - 17 Speed Queen Stack 30#
DRYER - 2 Speed Queen Stack 50#

Vending Machines
2 soap machines
1 soda
1 snack machine

Misc
Two Flat Screen TV's
Video Surveillance System with Cameras and Computer
Change machines

Tools
Floor polisher
Lease- Approximately 5 years left on the lease

Monthly Average Utility Expenses
GAS 1100
ELECTRIC 900
WATER & SEWER 1500

Owner may carry financing


DETAILED INFORMATION
Location
Garden Grove, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,750
Reason for Selling
Moving out of state
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Kate Tommey
Kate Tommey