Established BIG Laundromat in Hialeah Gardens – Owner Financing!
| Asking Price: | $699,999 |
| Gross Revenue: | $409,000 |
| Established Year: | 2023 |
| Cash Flow: | $171,600 |
| Rent: | $7,330/Month |
Turnkey Coin Laundry with High Growth Potential in Miami
Absentee Owner! Huge 4000 sq ft well-established laundromat is now available for sale. Located next to the Palmetto Expressway in Hialeah Gardens providing easy access and high visibility. Priced to sell quickly, this business presents a fantastic opportunity for the right buyer to step in and take advantage of its untapped potential.
Owner is willing to finance up to $100K of the sells price. Present your offer.
Buyer must have at least 40% down payment in cash (Proof of funds are required).
Equipment Inventory:
9 x 20 lb Ipso washers
18 x 30 lb Speed Queen washers
3 x 80 lb Ipso washers
1 x 80 lb Speed Queen washer
2 x 100 lb Speed Queen washers
5 x 60 lb Speed Queen washers
4 x 60 lb Ipso washers
2 x 50 lb Speed Queen washers
3 x 75 lb Ipso dryers
24 x 30 lb Speed Queen dryers
11 Dexter Stack Dryers (Brand New)
Water heater
Lease Details:
Rent: $7330 per month
Lease Term: 20+ years remaining
Annual Rent Increase: 3%
Space: 4000 sq ft
Recent Upgrades:
-New 11 Dexter Stack Dryers installed in October 2024. Lease will be transferred/assigned to new owner (not included in sales price).
-New A/C equipment installed, ensuring a comfortable environment for customers.
Growth Potential:
The laundromat has lots of potential to increase revenue by:
-Expanding to commercial services due to the large size of the facility and extensive equipment.
-Expanding services by attracting residents with pick-up and delivery options.
-Increasing foot traffic by implementing a marketing campaign
-Increasing Wash & Fold services
Reason for Sale:
Owners are moving to their home country.
Broker Cooperation:
Owner is willing to cooperate with buyer's brokers and offer a 3% commission.
This is a fantastic chance to acquire a laundromat with a substantial amount of quality equipment already in place. Don’t miss out on this opportunity to invest in a business with great potential.
For more information, please call us. Don't forget to watch the video!
BUSINESS LOCATION
