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

Features & Tags

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