Description

This is a 13-year-old established smog test only (no repairs) located in North Contra Costa County on a major road with full visibility. The smog business represents a semi passive income for an investor who does not want to be involved on a daily business. It is governed by the State, it has verifiable financials via actual invoices and statements (some from the government), and it does not require the owner to have any knowledge of cars.

Opus rental 5,740.00
Transmission fees 1,907.00
Merchant fees 1,032.00
AT&T 1,128.00
Business license 238.00
BAR permit 300.00
Shop supplies 350.00
Office supplies 400.00
County 571L 150.00
Incidentals 200.00
Total expenses 161,247.00
Net profit to investor 131,951.00

Seller is also landlord.
Business established for 13 years
Present owner since August 2019
Tech is seller’s brother: $35.00/hr
No advertising done at all
Open M-F 8:30-5:30, Sat 9-2
Seller will carry $70K for 2 years
5 year lease plus 5 year option
Rent increases by 3% every year for first 5 years
Seller will share office space
Electric, water, garbage included in rent
Security deposit: $7,700
Asking price is $365,000

Business Information