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Smog Test

  • Status: Sold
  • Price: $127,000

Arka Kargodorian

License No:
DRE #01472435
Email:
arka@lbaweb.com
Office:
925-932-2450
Mobile:
925-932-2450
  • Listing No: 4296
  • Status: Sold
  • Area: San Joaquin County
  • Price: $127,000

Description

This is a long-established smog test only (no repairs) located on the busiest commercial street in Central Valley with fantastic visibility, two bays and a very clean waiting room, running absentee with an owner who lives 165 miles from the shop. The buyer doesn’t need to know anything about cars or be licensed. The financials are verifiable via actual invoices, statements from vendors, and the State of CA. It’s open 6 days/wk for 8.5 hrs/day. Present owner since 2015. Buyer can do a stock sale if he wishes.
Gross sales 221,092.00, Cost of certificates 21,450.00, Gross profit 199,642.00
Expenses
Rent 47,501.00, Tech #1 52,000.00, Tech #2 10,400.00, Payroll tax 7,575.00, ADP payroll fees 2,160.00, Liability and WC insurance 2,695.00, OnCore fees 2,018.00
Leased equipment (Enviro) 5,965.00, Merchant fees 3,336.00, Clearsky software & Ad 3,782.00, Phone & Internet 4,513.00, Electric & Utilities 2,993.00, All data 1,860.00,
Water for shop 513.00, Office & Shop supplies 988.00, BAR permits 300.00, City license 175.00, County 571L tax 110.00, Webhost 40.00
Total Expenses 148,924.00
Net Profit to Investor 50,718.00

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased:
Business Type: Automotive
License(s) Required:
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4296
Date Available: 07/12/2023
Reason For Sale:

Financial Information

Annual Total:
Revenue:
Annual Net Income:
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
47,501
Lease Expires:
Lease Option:
NNN:

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:
Terms:

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