Smog & Repair Shop for Sale.

Sacramento County, CA

Smog & Repair Shop for Sale.

Asking Price:$290,000

Cash Flow:$120,000

Gross Revenue:$243,000





Smog & Repair Shop for Sale.

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Business Description

This is a 9 year old established business (2.5 years at this location) located in a 5,007 square foot premise having more than 20 foot ceilings situated on a commercial road about 8 miles North of Sacramento. It is impeccably clean (no exaggeration) including plenty of parking, an extremely clean and pleasant waiting room (to the point of being too fancy), a very large office, a work area that you can only have in your dreams with the latest equipment (all owned free and clear), and an additional section large enough to become a living room, dining room and play area. I specialize in selling repair and smog shops and I have NEVER seen such a set up.
I cannot overemphasize how clean and comfortable the waiting room is including the drinks, edibles, TV, security cameras, toys for kids, etc.
Rent is $2,800.00/month with a lease that ends in October 2023 and has an additional 5 year option period.
In 2015, based directly from the tax returns, the gross revenue was $243,306.00 of which $187,040.00 was from smogging cars, cost of goods $19,439.00, advertising $5,520.00, insurance $4,704.00, office expenses $1,570.00, repairs & maintenance $1,468.00, supplies $2,257.00, taxes & licenses $2,778.00, utilities $5,095.00, other expenses $5,068.00, smog certificates $27,597.00, bank charges $5,744.00, tools $4,069.00, etc 1/2 1/2 leaving the owner a net profit of about $120,0000.00 per year.

In 2016 covering the period from January to May inclusive, the gross revenue was $100,307.00, cost of goods $8,290.00, expenses $38,360.00, and a net profit of $53,657.00.

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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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