Automated Smart Parking Lot Business for Sale in NYC with Remote Management
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Financial Details
- Asking Price:
- $125,000
- Annual Revenue:
- $260,000
- Cash Flow / SDE:
- $69,000
- Profit Metric:
- Cash Flow (SDE)
- Valuation Multiple:
- 1.8x
- Location:
- New York, NY, US
- Source:
- Date:
- November 05, 2025
Key Highlights
Turnkey, fully automated smart parking lot business with cutting-edge ALPR technology.
Highly passive income stream requiring minimal oversight, ideal for remote investors.
Strong market position in high-traffic urban area with low direct competition.
Description
This listing presents a fully operational, turnkey smart parking lot business located in a high-traffic area of New York, NY. The operation is highly automated, featuring License Plate Recognition (ALPR) for seamless entry/exit and touchless payment systems, allowing for absentee ownership and minimal overhead. The business generates stable monthly revenue and benefits from strong demand for contactless solutions. Significant growth opportunities exist through adding EV charging stations or replicating the model across new locations. The seller provides comprehensive training and transition support.
Industry Information
- Industry Description:
- This is a technology-enabled service business operating an automated smart parking lot utilizing ALPR and touchless payment systems.
- Classification:
- Service Businesses
Operational Snapshot
- Year Established:
- 2019
- Employees:
- 2
- Reason for Selling:
- Retire
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $3,500 USD
- Lease Expiration:
- 2027
Assets & Inventory
- Includes FF&E:
- Yes
Broker Contact
- Name:
- isabela ramirez
Listing Details
- Listing ID:
- 8d826ad1-c0b1-4811-b3a6-2efe1c697506
- Source Listing ID:
- Ad#:2426908
- Deal Status:
- For Sale
- Last Updated:
- November 05, 2025
- Currency:
- USD
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