Smog Test Only for Sale.

Santa Clara County, CA

Smog Test Only for Sale.

Asking Price:$195,000

Cash Flow:N/A

Gross Revenue:$252,103




Lease Rate/Sq. Ft.:N/A


Smog Test Only for Sale.

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Business Description

This smog test only shop (no repairs) was established 8 years ago. The present owner, an investor, purchased it 1.5 years ago (he may be moving overseas). It is a perfect business for someone looking for a semi-passive, high return on investment. The owner does not need to be licensed or have any knowledge about cars. The smog industry is governed by the State and monitors the performance of the technicians on every smog performed. There is also software available for the owner to monitor all activities related to revenue generation. Books & records are verifiable to the last dollar. There is no inventory to worry about. It’s a very simple business that feeds on customer service and advertising. It requires no more than 15 hours per month of the owner’s time. One visit per 10 days to the shop will suffice.
Gross revenue from 9/2015 to 8/2016: 252,103.00
Cost of certificates & registration: 59,912.00
Rent: 33,746.00
Wages: 52,430.00
Payroll tax & WC insurance: 4,390.00
Liability Insurance: 1,371.00
Credit card fees: 4,203.00
SGS Fees: 4,109.00
Maintenance& Repairs: 1,035.00
Marketing (3 methods) & bonus to technician: 12,186.00
Software: 781.00
Utilities: 3,857.00
Payroll services: 325.00
Office & shop supplies: 1,698.00
Permits & Licenses: 790.00
Other expenses: 378.00
Net profit to investor: 70,892.00

Open 7 days/wk for 60 hrs/wk. All equipment in working condition and owned. About 55% of customers are repeat customers. Located next to a service business that has been there for over 25 years. Seller is willing to carry $40K @6% for a year.
Disclaimer: This Information has been supplied to Broker by Seller. Broker expressly disclaims any and all liability for representation of warranties, expressed or implied, contained in such information, or for omissions from them. Broker believes such information to be correct, but has not verified or checked it. Any agreement or decision by Buyer to pursue a transaction regarding this Business should be based on further investigation by the Buyer. This information is shared by all Brokers/Agents at Liberty Business Advisors, Inc.

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Arka Kargodorian

Business Listed By:
Arka Kargodorian

Liberty Business Advisors of San Francisco Inc.

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Sponsoring Broker:
Matt Sadati

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