Established Automotive Service Franchise for Sale in Riverhead, NY
Financial Details
- Asking Price:
- $329,000
- Annual Revenue:
- $1,296,538
- Cash Flow / SDE:
- $1,296,538
- Profit Metric:
- Sales
- Valuation Multiple:
- 0.3x
- Location:
- Riverhead, NY, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This listing presents an established automotive service franchise located in Riverhead, NY. Operating for five years, the business has demonstrated strong financial performance, with revenues exceeding $1.3 million in 2022 and $1.2 million in 2023, complemented by a high gross profit margin of 89.42%. The franchise is a turnkey operation, featuring $175,000 in equipment and signage, and $50,000 in current inventory. It occupies a 7,000 sq ft space with a monthly rent of $8,500, and the landlord is open to selling the property. The business is well-staffed with 6 employees, and the current manager is willing to stay on. Seller financing is available, and the seller is also offering another franchise location in Medford, NY, presenting a significant expansion opportunity.
Industry Information
- Industry Description:
- Automotive Services Franchise
- Classification:
- Automotive & Boat
Operational Snapshot
- Year Established:
- 2020
- Employees:
- 6
Real Estate & Lease
- Status:
- Available for sale
- Monthly Rent:
- $8,500 USD
Assets & Inventory
- FF&E Value:
- $175,000 USD
- Includes FF&E:
- Yes
- Inventory Value:
- $50,000 USD
- Includes Inventory:
- Yes
Listing Details
- Listing ID:
- 3247cddb-332f-4eb4-a1a7-a62a0d9a9701
- Deal Status:
- For Sale
- Date Posted:
- May 03, 2024
- Last Updated:
- September 15, 2025
- Currency:
- USD