Smog Test Only

Orange County, CA

Smog Test Only

Asking Price:$550,000

Cash Flow:$254,000

Gross Revenue:$385,000

EBITDA:$254,000

FF&E:$20,000

Inventory:N/A

Rate/Sq. Ft.:$1.09

Established:2002

Smog Test Only

Get Financing Save Print Share Valuation Report

Business Description

Profitable and established for 14 years with an annual gross of about $385,000 and an owner annual net cash flow of $254,000. This station services the communities of Whittier, Fullerton, Norwalk and La Habra. This spacious station location is equipped with ESP smog testing equipment with a dyno and a new ESP DAD machine to conduct smog tests. This space is about 2200 SF, one bay is used for testing, there are 2 bay size work areas not being used currently and there is a customer waiting area and owner office area and there is plenty of parking for customers. This business is located in an center specialized in auto serves that is located on a busy commercial traffic street, is visible to traffic flow and has visible signage. The station owner is producing an average about $32,000 monthly in gross sales revenue for a projected $385,000 annually. The station performs 675 smog tests monthly or 8,100 annually and has an average customer smog test charge of about $48 each. Gross is from 50% or more paid in cash and 50% from credit cards. The owner does NO print advertising and has a modest website. The business cash flow is based on the business being owned by an owner-tech-operator. An owner-tech-operator should earn about $254,000 annually, if effectively operated; and an absentee-owner would have a lesser owner cash flow. The station is Star Certified. Absentee-owners need no mechanical skills and this business is a relatively easy business to operate and has very high profit margins. This is a good business for owner-tech-operator investors or for a family owned-operated business. Investors seeking to purchase a business to qualify for E-2 Visa status might consider this business for acquisition.

Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
2,200
Lease Expiration:
1/1/2019
Employees:
0
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This spacious station location is equipped with ESP smog testing equipment with a dyno and a new ESP DAD machine to conduct smog tests. This space is about 2200 SF, one bay is used for testing, there are 2 bay size work areas not being used currently and there is a customer waiting area and owner office area and there is plenty of parking for customers. This business is located in an center specialized in auto serves that is located on a busy commercial traffic street, is visible to traffic flow and has visible signage.
Competition:
The market is competitive, but the business has advantage of location and great long-term reputation for honesty and service. Yelp rating is 4 ½ Stars of 5.
Growth & Expansion:
The business can grow considerably through beginning some aggressive advertising and developing a better business website and aggressive Internet advertising. Adding other auto services or DMV services or auto repair services would increase gross and profits.
Financing:
None
Support & Training:
2 weeks at 40 hours per week
Reason for Selling:
Family reasons

Listing Statistics for Premium Members

Ad#:1315810 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Tom Van Gilder

Business Listed By:
Tom Van Gilder

The Chase Group

Show Phone Number

View My Listings


Sponsoring Broker:
Gregory DiCristina

Find out more...

Get more details about this business.


Similar Listings


Grease Monkey

Franchise Opportunity
Capital Required: $275,000