For Sale
$90,000

711 8Th StHomestead, FL 33030

Profitable laundromat; high-traffic location.

Overview

Added:
Dec 11, 2024
Days on market:
114
This thriving, turn-key laundromat in Homestead, Florida, presents a compelling investment opportunity. Located at 711 SW 8th Street, 33030, this 2013-built business boasts a prime location with high foot traffic and ample parking. The laundromat is fully equipped with 10 high-efficiency washers and 18 dryers, ensuring efficient operation. Its established customer base and reputation for cleanliness and reliability contribute to consistent monthly revenue and low overhead costs. Significant growth potential exists through expanding services or operating hours. The sale includes all machinery, inventory, and fixtures, along with a comprehensive training period for a seamless transition. The current lease is for 5-10 years at a monthly rent of $2,000. This is a rare opportunity to acquire a profitable, established business in a desirable location with strong potential for future growth. The property is categorized as retail, with the business subtype specified as a laundromat. The lot size is not specified.

Highlights

  • $90,000 asking price for a retail business.
  • 2013-built laundromat located at 711 SW 8th Street, Homestead, FL 33030.
  • Ten high-efficiency washers and eighteen dryers included in sale.
  • Established clientele, strong reputation, and significant growth potential.
  • Monthly revenue exceeding expenses; lease terms are 5-10 years at $2,000/month.

Property Details for 711 8Th St

Property type
Retail properties
Year Built
2013

Location Insight

City
Homestead
County
Miami-Dade
State
Florida
Latitude
25.4627789
Longitude
-80.4870944
711 8Th St, Homestead, Florida

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711 8Th St
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