Unlock the potential of a thriving laundromat business in the bustling "Indian Rock Center" in Largo, Florida! This exceptional opportunity boasts a robust monthly gross revenue, making it a lucrative venture for investors and entrepreneurs. With Publix as the anchor tenant and a mix of national chains and beloved local businesses nearby, you'll benefit from consistent foot traffic and a loyal customer base.
Located at the vibrant intersection of Walsingham Road (aka Ulmerton Rd. ) and "Indian Rocks Road, " this laundromat caters to a dense residential community complemented by a flourishing coastal population of condominiums, resorts, and tourists. Just a short stroll to the beach, this prime location offers both convenience and visibility—making it an ideal spot for residents and vacationers.
Key features include rear alley access for pick up and delivering wash, dry, and fold orders.
• A well-established operation with a steady flow of wash, dry, and fold services.
• Equipped with top-of-the-line HUBSCHUE washers and dryers tailored for efficiency and reliability.
• Additional amenities, including beverage and snack machines, a coin changer, and soap vending for customer convenience.
This laundromat serves two major local clients and has cultivated a base of repeat customers, ensuring a steady income stream. A comprehensive list of all equipment, furniture, fixtures, and equipment (FF&E) is available for serious and qualified buyers.
Seize the opportunity to invest in Largo and the thriving coastal region of Pinellas County, with excellent demographics and promising redevelopment prospects on the horizon. Don't miss your chance to own this profitable laundromat in a sought-after location—where business meets leisure!
Act now! For more information, contact 305-793-1407!
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$250,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $200,000 | $200,000 | $200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.295% | 7.408% | 6.623% |
Monthly Tax Payment | $26,256 | $26,256 | $26,256 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,347 | $1,364 | $1,729 |
Total Monthly Payment | $27,678 | $27,695 | $28,060 |
* 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.