Quik Smog
Ideal business for a semi-passive investor. Verifiable financials through actual…
Pending
$385,000.00
Liberty Business Advisors
Of San Francisco Inc. Licence # 01903901
Smog Test Only
Sold
$375,000.00
Description
Owned by an investor. Don’t need to know anything about cars. No special licenses required. Books & records can be validated through raw data and third party statements. Few moving parts. High return on investment. Semi-passive. I have sold 151 smogs shops to investors. Gross sales 384,509.00 Certificates 44,963.00 Gross profit 339,546.00 Rent 34,932.00 Tech. #1 62,700.00 Tech. #2 55,250.00 Payroll Tax 10,032.00 WC insurance 1,080.00 Liability insurance 1,380.00 SGS fees 6,605.00 Merchant fees 6,166.00 DAD #2 rental 1,188.00 ESP Gen. 3 rental 5,521.00 Val Pak 8,400.00 Google Ad Words 5,400.00 Phone, Internet 2,760.00 Office supplies 850.00 Shop supplies 650.00 BAR permit 300.00 Business license 125.00 County 571L 130.00 Gross profit 203,469.00 Net profit 136,077.00 Remaining lease 2 years. Buyer can get new 5 years plus 5 year option Owner since May 2011 Business as smog test only since 2006 Open M-Th 8:30-5:30, F & Sat 8:30 -5 Tech. #1 @ 25/hr for 5 days/wk Tech. #2 @ 25/hr for 5 days/wk Electricity included in rent 81.4% of sales generated via credit cards Asking $375K Seller willing to carry 20% of purchase price.
3721
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