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29939462
29939458

6701 W 28th St, Hialeah, FL 33016

JB
FL 3515810
The Barcelo Group Coldwell Banker Realty
Listed by The Barcelo Group Coldwell Banker Realty
$1,500,000
100 days on market
Updated 100 days ago
Opportunity zone

Magic Hands Car Wash

Details
Property Type Business for Sale
Sub Type Business Only
Square Footage 5,000
Net Rentable (SqFt) 5,000
Cap Rate 25.33%
NOI $380,000
Tenancy Single
Lease Type Net
Lease Term 15
Lease Expiration 03/01/2030
Remaining Term 3.7
Rent Bumps Yes
Pro-Forma Cap Rate 33.33%
Pro-Forma NOI $500,000
Price per SqFt $300
Class C
Parking Spaces spaces
Investment Type Stabilized
Lease Commencement 03/01/2015
Occupancy Date 02/01/2001
Ground Lease Yes
Ownership 100%

Business for Sale | 25.33% CAP | 5,000 SqFt

Marketing description

Rare opportunity to acquire Magic Hands Car Wash, a well-established, community staple in the heart of Hialeah with over 20 years at the same location. This business has built a loyal customer base with strong repeat clientele, steady daily traffic, and a reputation for quality service.

Strategically positioned in a high-visibility area with consistent drive-by exposure, Magic Hands benefits from long-standing brand recognition and deep roots within the local community. The majority of revenue is driven by repeat customers and word-of-mouth referrals — a true testament to the strength of the operation and service standards.

Highlights:

  • 20+ years operating at the same location

  • Long Term Lease in place- 3% increase every year expires in 2030 extension in place already

  • Strong loyal customer base & regular clientele

  • Established brand presence in Hialeah

  • Consistent daily traffic

  • Turnkey operation

  • Experienced staff in place

  • Opportunity to increase revenue through expanded services, memberships, detailing packages, social media presence

This is an ideal acquisition for an owner-operator looking to step into a cash-flowing business with history and stability, or for an investor seeking to scale and modernize an already proven operation.

Serious inquiries only. Financials available upon request with NDA.

Investment highlights

  • 20+ years operating at the same location

  • Strong loyal customer base & regular clientele

  • Established brand presence in Hialeah

  • Consistent daily traffic

  • Turnkey operation

  • Experienced staff in place

  • Opportunity to increase revenue through expanded services, memberships, detailing packages, social media presence

Listing Contacts

JB
FL 3515810
The Barcelo Group Coldwell Banker Realty
Listed by The Barcelo Group Coldwell Banker Realty

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$380,000.00
$31,666.67/mo

Valuation Metrics

0
DSCR
25.33%
Cap Rate
25.33%
ROI

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Additional Information

Name
Julian Barcelo
License
3515810
Brokerage
Coldwell Banker Realty
Brokerage Phone
9542327410
Title
Real Estate Broker
Brokerage Address
2690 Weston Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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