1609 Garnet Avenue, San Diego, CA 92109
Business
Sold December 2023
Listing Agent: Robert Nourani (DRE #01350632) · Listing Office: Balboa Real Estate Inc · Contact: 888-787-8808 · Bought with: Out of Area Out of Area · Out of Area · MLS #230004713SD · Source: CRMLS
About this business
1ST TIME LISTED FOR THE LAST 35 YEARS - Sellers are retiring - The property owner will give a 10 year lease to a qualified buyer - All equipment owned - A separate laundromat & a separate full plan dry cleaner next to each other for sale for the price of one - Only employee is aware the businesses are for sale & she is willing to stay, you may go to the 2 locations at anytime during business hours - Located at 1 of the busiest intersections in San Diego, Garnet Avenue & Ingraham, across from 2 very busy & successful shopping centers & 2 gas stations - Over 45,000 slow vehicles pass in front of these 2 businesses every day - Only 1 employee can run both businesses - 9 private parking spaces including 2 handicap spaces - Free parking in the front & side of the business - Over 5,000 square feet - SEE SUPPLEMENT FOR MORE..... Most dry cleaners send out the clothes but this dry cleaner is a full plan business & all the work is done in house - These 2 businesses can generate a lot of profit daily - There is a lot of foot & slow car traffic in front of these 2 businesses around the clock - There is a large extra office which can be subleased for up to $2,000 per month - These 2 businesses are about 6 blocks away from La Jolla & 9 blocks from the beach & crystal pier - All the equipment including all the 31 washers & 32 dryers, all the equipment & machines in the dry cleaner, 12 security cameras & recording devices, all the furniture, both advanced cash registers with the printers, etc. are owned & there is no monthly payment - After the sale, the seller will only take his briefcase & leave everything else behind - Both businesses are on the 1st floor & there are no steps to climb, & they both also have access from the back alley - There are 6 other successful & busy businesses in the same block - The only employee is aware the businesses are for sale, you may go to the 2 locations at anytime during business hours - Trader Joe's Supermarket, Vons Gas Station, Staples, Rite Aid & other businesses are exactly across the street - Vons Supermarket, Petco, CVS, & other businesses are only 200 yards away across the street - The City charges a $7,500 permit per washer & dryer if you are starting a new business, but there is no need to pay for any permits since the 31 washers & 32 dryers are already existing - There was a tailor on site but not anymore, with a new tailor on site the profit will increase a lot - There are a lot of large complexes nearby who use the laundromat & dry cleaner - The seller has contracts with military companies with uniforms & tablecloths - Everything at the business stays for the new buyer, including furniture, cash registers, all the equipment, etc. - After the landlord approves the buyer he will give them a 10 year lease - & MANY MORE.......
Listing description from the December 2023 sale, as reported to CRMLS.
Sale history