Automotive Services Franchise in Riverhead

Riverhead, NY (Suffolk County)

Asking Price: $329,000
Business For Sale Details
Listed on May 3, 2024

Uncover the potential of this thriving automotive service franchise located in Riverhead, NY 11901-7010. Priced at $329,000.00, this turnkey franchise operation offers:

Franchise Highlights:
- **Investment Value**: $329,000.00 includes $50k in current inventory, $175k in equipment & signage, featuring a full opening equipment package.
- **Prime Location**: Strategically situated at 1165 E Main St, Riverhead, NY, maximizing visibility and accessibility.
- **Lease**: Secure a spacious 7,000 square foot building with a monthly lease of $8,500.00. The landlord is willing to sell the property, providing potential for long-term stability and investment.
- **Established Presence**: Operating for 5 successful years with a team of 6 employees, including a current manager willing to stay on and manage both stores.
- **Revenue Potential**: Accommodate up to 12 cars at a time, boasting impressive sales revenue of $1,399,858 in 2022 and $1,296,538 in 2023, with a high gross profit percentage of 89.42%.
- **Seller Financing Available**: Flexible financing options available depending on down payment, facilitating ease of acquisition.
- **Additional Investment Opportunity**: Seller is also offering another franchise location (Medford, NY) for sale, presenting potential for expansion and increased revenue streams.

Seize this exclusive franchise opportunity to own a profitable automotive service business with a strong foundation and significant growth potential! Contact us today to capitalize on this turnkey business venture and embark on a journey of success.

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Financials (USD)

Asking Price $329,000

Cash Flow Not Disclosed

Sales $1,296,538

Deal Terms

Represented by broker? Yes

Buyer Fee? Available On Request

Seller Financing? Available On Request

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? Available On Request

Management will stay? Available On Request

Relocatable? Available On Request

Real Estate? Available On Request

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum. Read DealStream's Terms Of Use before responding to any listing. Learn how to stay safe in our marketplace.

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