Smog Test Only

Smog Test Only

Available

$140,000.00

Listing Number :

 3818

Status :

Available

Price :

$140000

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Description

Perfect for investors. Verifiable financials. Can be managed remotely. Requires very little time from owner. Running absentee. High return on investment. Owner doesn’t need to know anything about cars or smogging. No tests to pass.

Gross profit: 189,335. Rent: 2,060/month. Annual Net profit to an absentee investor: 49,061.

#of Smogs 4,684
Gross/Smog $48.08
Gross sales $225,185
Certificates $32,571
Transmission fees $3,279
Gross profit $189,335

Expenses
Rent $36,720
Tech#1 $68,000
Tech#2 $627
Bonus $7,175
Payroll tax $6,345
Payroll Service $240
WC insurance $834
Liability insurance $1,445
Merchant fees $2,435
Bank fees $0
Analyzer & DAD rental $7,086
SMUD $1,524
Internet & phone $1,510
Google AdWords $2,742
Yelp $840
Chips & Water for customers $1,106
Shop supplies $300
Office supplies $300
Smog Advantage $468
Nest Cameras $78
BAR permit $300
Business license $62
Property Tax $138
Total expenses $140,274
Net profit to investor $49,061

Open 6 days/wk. Two bays and an extremely nice waiting room. # 3818

Business Information Financial Information
Ownership Type:  Corporation
Year Established:
Year Purchased:
Business Type: Smog Test Only
License(s) Required: Business
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3818
Date Available: 11/22/2019
Reason For Sale: Too many businesses to run and not enough time.
Annual Total Revenue: 225000
Annual Net Income: 49000
Inventory:
Monthly Payroll: 6345
Lease Information
Base Rent: 2060/m
Lease Expires:
Lease Option:
NNN:
 
Financing Information
Down Payment: 140000
Owner Will Carry:
Other Finance Terms:

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