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Oil Change & Smog Test

  • Status: Available
  • Price: $170,000

Arka Kargodorian

License No:
DRE #01472435
Email:
arka@lbaweb.com
Office:
925-932-2450
Mobile:
925-818-1679
  • Listing No: 3853
  • Status: Available
  • Area:
  • Price: $170,000

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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