Smog Test Only

Smog Test Only

Expired

$140,000.00

Listing Number :

 None

Status :

Expired

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 4,684Gross/Smog $48.08Gross sales $225,185Certificates $32,571Transmission fees $3,279Gross profit $189,335ExpensesRent $36,720Tech#1 $68,000Tech#2 $627Bonus $7,175Payroll tax $6,345Payroll Service $240WC insurance $834Liability insurance $1,445Merchant fees $2,435Bank fees $0Analyzer & DAD rental $7,086SMUD $1,524Internet & phone $1,510Google AdWords $2,742Yelp $840Chips & Water for customers $1,106Shop supplies $300Office supplies $300Smog Advantage $468Nest Cameras $78BAR permit $300Business license $62Property Tax $138Total expenses $140,274Net profit to investor $49,061Open 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:
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: N/A
Home Based: N/A
Broker To Broker CoOp:  No
Office Listing Number:
Date Available:
Reason For Sale: Ownership of too many Smog Shops not enough time.
Annual Total Revenue: 225000
Annual Net Income: 49061
Inventory:
Monthly Payroll:
Lease Information
Base Rent: 2060/m
Lease Expires: landlord can give longer lease upon approval of new tenant.
Lease Option:
NNN:
 
Financing Information
Down Payment: 140000
Owner Will Carry:
Other Finance Terms:

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