$2,500,000
Oil Change & Smog Test
- Status: Available
- Price: $170,000
Arka Kargodorian
- License No:
- DRE #01472435
- Email:
- arka@lbaweb.com
- Office:
- 925-932-2450
- Mobile:
- 925-932-2450
Description
This is a drive-through two bay oil change and smog test only (no repairs) located on a major commercial road in Solano County.
The seller owned it since January 2018. Both bays have oil pits to expedite the process of changing the oil. It has a very nice waiting room.
It did 1,954 oil changes and 983 smogs during the past 9 months. It’s open 6 days per week, 8 hours per day. #3853
Below is a P&L for the past 9 months:
| Smog revenue | 47,442.00 |
| Oil revenue | 140,053.00 |
| Total revenue | 187,495.00 |
| Rent | 24,729.00 |
| Technician #1 | 31,200.00 |
| Technician #2 | 18,720.00 |
| Payroll tax | 4,911.00 |
| Payroll preparation | 450.00 |
| WC insurance | 749.00 |
| Liability insurance | 1,147.00 |
| ESP analyzer lease | 4,131.00 |
| Smog certificates | 7,013.00 |
| Electronic transfer fees | 694.00 |
| Merchant fees | 2,637.00 |
| Advertisement oil | 7,417.00 |
| Phone & Internet | 1,381.00 |
| PG&E | 791.00 |
| Water | 569.00 |
| Used oil disposal | 1,514.00 |
| Used filter disposal | 380.00 |
| Office Supplies | 500.00 |
| Oil and oil filter | 32,400.00 |
| Sales tax | 2,673.00 |
| BAR permit | 300.00 |
| City business license | 139.00 |
| County 571L | 120.00 |
| Total expenses | 144,565.00 |
| Net profit for 9 months | 42,930.00 |
| Projected net profit for 12 months | 57,240.00 |
| Open M-Sat. 9-5 |
Business Information
Ownership Type:
Corporation
Year Established:
Year Purchased:
Business Type:
oil change & smog test
License(s) Required:
Business
Hours of Operation:
9am- 5pm /M-Sat
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
3853
Date Available:
03/21/2021
Reason For Sale:
Other Interest
Financial Information
- Annual Total:
- $187,495
- Revenue:
- Annual Net Income:
- $57,000
- Inventory:
- Monthly Payroll:
Lease Information
- Base Rent:
- $2,060
- Lease Expires:
- Lease Option:
- NNN:
Financing Information
- Down Payment:
- $170,000
- Owner Will Carry:
- Other Finance:
- Terms:
Contact Us
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