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Established Car Wash Business Opportunity

6701 W 28th St Hialeah, FL 33016

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Well-established Hialeah car wash with loyal customer base for sale.

Type:Business for Sale
Property size:
5,000 SF
Price / SF:
$300/SF
Added:
Feb 24, 2026
Days on Market:
140
Last Refresh:
Jul 2 at 8:00 am

Property Features for 6701 W 28th St

General Information

Standard status
Active
Size
5,000 SF
Property subtype
Business for Sale

Listing office The Barcelo Group Coldwell Banker Realty

Listing date Feb 24, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of The Barcelo Group Coldwell Banker Realty


Investment Insights

Based on property information with market context.

Magic Hands Car Wash presents a rare acquisition opportunity. This established business has operated for over 20 years at the same location in Hialeah, building a loyal customer base and a reputation for quality service. The business benefits from a high-visibility location with consistent traffic. The majority of revenue is driven by repeat customers and word-of-mouth referrals. The property has a long-term lease in place with 3% annual increases, expiring in 2030, with an extension already in place. The car wash is a turnkey operation with experienced staff. Opportunities exist to increase revenue through expanded services, memberships, detailing packages, and social media presence. This is an opportunity for an owner-operator looking to acquire a cash-flowing business or for an investor seeking to scale and modernize a proven operation. The property size is 5000 square feet.

Key Highlights

  • Well‑established car wash with 20+ years at the same location
  • Strong, loyal customer base and repeat clientele ensures consistent revenue
  • High‑visibility location with consistent daily traffic

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $144.0k $28.80
− Vacancy −$10.1k −$2.02
EGI $133.9k $26.78
− OpEx −$33.5k −$6.70
NOI $100.4k $20.09
5,000 SF · lease $28.80/SF/yr · vacancy 7.00% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$1.43M
$1.26M – $1.67M (±1% cap)
NOI $100,440 @ 7.0% cap · market cap 6.70%
Second Best
Retail
$1.24M
$1.09M – $1.45M (±1% cap)
NOI $86,940 @ 7.0% cap · market cap 5.80%
Theoretical Best
Office A
$1.97M
$1.72M – $2.30M (±1% cap)
NOI $137,760 @ 7.0% cap · market cap 9.18%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Car washes

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Daycare Center (Bike/Boat/Book/etc) Store Acupuncture Tanning Salon Clothing & Fashion Store Restaurant Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Car wash - Well-established Hialeah car wash with loyal customer base for sale.
Where is this car wash located?
The property is located at 6701 W 28th St Hialeah, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Well‑established car wash with 20+ years at the same location; Strong, loyal customer base and repeat clientele ensures consistent revenue; High‑visibility location with consistent daily traffic
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