Turnkey Auto Service
6988 Cooley Lake Rd Waterford, MI 48327
6988 Cooley Lake Rd, Waterford, MI, 48327
Contact for pricing
For Sale
Contact for pricing
Turnkey oil change and automotive service business with proven monthly volume and established operations.
Property Size1,500 SF
Price / SF$130
Days on Market57
Property Features for 6988 Cooley Lake Rd
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Property subtype
- Business for Sale
Listing agency
RE/MAX Team 2000
(313) 701-9114
Listed by
Ali Shami · License #6501406990
Source
Crexi
Added: May 27 Updated: Jul 10 at 1:51PM Checked: Jul 20 at 4:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Team 2000
Investment Insights
Based on property information with market context.
Berry's Oil Exchange is a turnkey oil change and automotive service shop built around servicing approximately 200–250 vehicles per month. The operation is positioned as an absentee-owner model, with reported monthly profit of about $7,000. The business is described as generating estimated monthly gross revenues of $24,000–$30,000+ with average customer tickets between $100 and $120.
The property is located at 6988 Cooley Lake Rd in Waterford, Michigan, in a high-traffic area. The listed property size is 1,500 square feet, supporting the day-to-day service activity associated with an oil change and automotive maintenance business.
For buyers looking for a ready-to-run automotive services platform, this offering is presented as suitable for both owner-operators and investors who want to assume an established operation. With the current absentee-owner structure, prospective buyers can review the operational setup and staffing model as part of their transition planning.
The property is located at 6988 Cooley Lake Rd in Waterford, Michigan, in a high-traffic area. The listed property size is 1,500 square feet, supporting the day-to-day service activity associated with an oil change and automotive maintenance business.
For buyers looking for a ready-to-run automotive services platform, this offering is presented as suitable for both owner-operators and investors who want to assume an established operation. With the current absentee-owner structure, prospective buyers can review the operational setup and staffing model as part of their transition planning.
Key Highlights
- Established oil change and automotive service business in a high‑traffic area of Waterford, MI
- Services approximately 200–250 vehicles per month
- Average customer tickets of $100–$120
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.2k | $16.80 |
| − Vacancy | −$2.1k | −$1.43 |
| EGI | $23.1k | $15.37 |
| − OpEx | −$6.9k | −$4.61 |
| NOI | $16.1k | $10.76 |
1,500 SF · lease $16.80/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$230.6K
$201.8K – $269.0K
NOI $16,141 @ 7.0% cap · market cap 8.28%
Second Best
Industrial
$106.2K
$92.9K – $123.9K
NOI $7,432 @ 7.0% cap · market cap 3.81%
Theoretical Best
Specialty Retail
$323.5K
$283.1K – $377.5K
NOI $22,648 @ 7.0% cap · market cap 11.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- Dick's Lawn Equipment Center — 7215 Cooley Lake Rd, West Bloomfield Township, MI 48324
- complete auto center pro — 6900 Cooley Lake Rd, Waterford Twp, MI 48327
- Berry's Oil Exchange - We feature Valvoline — 6988 Cooley Lake Rd #4110, Waterford Twp, MI 48327
- Pete's Auto Repair & Towing — 7135 Cooley Lake Rd, West Bloomfield Township, MI 48324
- Abel Auto Inc — 6900 Cooley Lake Rd, Waterford Twp, MI 48327
FAQs
What type of property is this?
Auto shop - Turnkey oil change and automotive service business with proven monthly volume and established operations.
Where is this auto shop located?
The property is located at 6988 Cooley Lake Rd Waterford, MI.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Established oil change and automotive service business in a high‑traffic area of Waterford, MI; Services approximately 200–250 vehicles per month; Average customer tickets of $100–$120
