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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32951225
32950233

6988 Cooley Lake Rd, Waterford, MI 48327 For Sale

AS
MI 6501406990
RE/MAX Team 2000
Listed by RE/MAX Team 2000
$195,000
55 days on market
Updated 55 days ago

Berry's Oil Exchange

Details
Property Type Business for Sale
Sub Type Business Only
Square Footage 1,500
Units 1
Cap Rate 43.08%
NOI $84,000
Tenancy Single
Remaining Term 3.5
Lease Options Yes
Zoning Automotive
Investment Type Stabilized
Ground Lease No
Sale Condition N/A

Absentee Owned Oil Change For Sale with Cash Flow

Marketing description

Berry's Oil Exchange is a well-established oil change and automotive service business located in a high-traffic area of Waterford, MI.

This turnkey operation services approximately 200-250 vehicles per month with average customer tickets between $100-$120, generating estimated monthly gross revenues of $24,000-$30,000+.

The business is currently run with an absentee owner structure, generating $7,000 in monthly profit, making this an ideal investment for both owner-operators and investors seeking strong cash flow and long-term upside.

Investment highlights

  • Profiting $7,000 per month as an absentee owner
  • Approx. 200-250 vehicles serviced monthly
  • Average customer ticket: $100-$120
  • Established business with loyal customer base
  • Prime location with excellent visibility and access
  • All equipment and inventory included
  • Low overhead with strong profit margins
  • Immediate ownership and cash-flow potential

Listing Contacts

AS
MI 6501406990
RE/MAX Team 2000
Listed by RE/MAX Team 2000

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$84,000.00
$7,000.00/mo

Valuation Metrics

0
DSCR
43.08%
Cap Rate
43.08%
ROI

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Additional Information

Name
Ali Shami
License
6501406990
Title
MI
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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