$2,500,000
Smog Test
- Status: Available
- Price: $300,000
Arka Kargodorian
- License No:
- DRE #01472435
- Email:
- arka@lbaweb.com
- Office:
- 925-932-2450
- Mobile:
- 925-932-2450
Description
This is a smog testing facility owned by the present owner at the present location for the past 16 years. It has one bay and a very nice, clean waiting room. It’s open 5 days/wk for about 34 hrs./wk. The present knowledgeable employee who has an excellent retail demeanor makes about $31.70/hr. and is qualified to do smog repairs. Seller is willing to carry a note of 20% of the sale price for 2 years with 8% interest. There are 6.5 years remaining on the lease with a 5-year option available. Required down payment: about $240K.
Gross sales 246,424
Cost of certificates 14,438
Gross profit 231,986
Expenses
Rent 30,000
Technician 56,020
Payroll tax 6,162
WC insurance 841
Liability insurance 1,021
OnCore fees 1,308
Equipment rental 5,877
Merchant fees 2,000*
PG&E 5,431
Phone/Internet 2,787
Shop supplies 100
Office supplies 200
Advertising 150
Gas caps 100
Motor book 160
City utilities (water) 696
County 571L 89
BAR permits 300
Other licenses 275
Tools 35
Total expenses 111,552
Net profit 120,434
Business Information
Ownership Type:
Sole Proprietorship
Year Established:
Year Purchased:
Business Type:
Smog Test
License(s) Required:
Hours of Operation:
5 days/wk for about 34 hours
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4269
Date Available:
04/28/2023
Reason For Sale:
Financial Information
- Annual Total:
- Revenue:
- Annual Net Income:
- Inventory:
- Monthly Payroll:
Lease Information
- Base Rent:
- 30,000
- Lease Expires:
- Lease Option:
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
Contact Us
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