Owned by an investor. Don’t need to know anything about…
Ideal business for a semi-passive investor. Verifiable financials through actual invoices and third party statements. Need to know nothing about cars or smogging. Can manage remotely via State’s website and available software. Governed by the State. Advertising & customer service are the key ingredients. High return on investment. Requires very little time from investor. Gross revenue 399,718.00 Certificates purchased 68,888.00 Gross profit 330,830.00 Expenses Rent 54,922.00 Technicians FT & PT 79,300.00 Payroll tax 6,732.00 WC Insurance 634.00 Liability insurance 822.00 Merchant fees 7,432.00 SGS fees 9,786.00 ESP & DAD Rental 6,802.00 Advertising (6 venues) 29,425.00 Comcast & PG&E 3,991.00 Office & Shop supplies 1,000.00 Printing 1,323.00 BAR permits 300.00 City business license 34.00 County 571L 175.00 Total Expenses 202,678.00 Net Income to Investor 128,152.00 Open M-F 8:30-6, Sat 9-5:30, S 10-3 Technicians proforma @ $25.00/hr Business established as test only since 2005 Present owner since August 2017 Huge bay with lifts and waiting room Lease ends 8/31/2021 plus 5 year option.
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