Take advantage of this incredible opportunity to own a thriving business on busy Highway 17 in Pierson, FL. This dual-purpose property features a successful restaurant and a 24/7 self service laundromat, offering steady revenue streams and excellent growth potential.
Restaurant details
*Hours of operation: Monday-Friday, 8AM-8PM.
*Seating capacity
*Indoor-Seats 40 people
*Outdoor: Enclosed patio seating for 12
*Located in a high-traffic area, attracting locals and travelers alike.
*Situated just 20 minutes north of Deland, and 30 minutes from Ormond Beach or Ocala.
Laundromat Details
*Equipment
*18 washers and 15 dryers, all but 2 replaced 4 years ago
*Hot water heater also replaced 4 years ago
*Open 24/7, providing consistent income
*Serves both local residents, neighboring cities and travelers passing through.
Location Highlights
*Future development: just 20 minutes north, a Bass Pro Shop’s 5800-acre resort is under construction, promising increased traffic and customer base.
*A Dunkin donuts is being built just 5 minutes south in Barberville.
*Positioned on a busy highway with excellent visibility and accessibility
This is a rare chance to own a well-established business with multiple revenue streams in a rapidly developing area. Whether you're an experienced operator or a first time entrepreneur, this opportunity offers great potential for growth and success.
For more details or to schedule a viewing, contact us today.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,100,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $880,000 | $880,000 | $880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.444% | 6.748% | 7.366% |
Monthly Tax Payment | $287 | $287 | $287 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,781 | $5,635 | $7,787 |
Total Monthly Payment | $6,193 | $6,047 | $8,199 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.