Smog Test Only, Absentee Run, $128k net to Investor

, California 7 views 0 favorites

Financial Highlights
Asking Price
$385,000
Revenue
$395,000
Business Description

700+ Smogs/month. Long established test only shop; completely employee run business with all of the day to day transaction accessible online. Accounting software, cameras in place and the business is setup in such a way that all transactions can be monitored online anytime from anywhere via state and third part software. The shop runs on its own the owner visits the shop to collect and deposit cash. The owner does not need to be licensed or know anything about smogging cars. Financials can be verified through actual work orders, and third party statements. Essential business. Landlord will sign a 5+5 lease for new buyer. Current rent including nnn ~ $4550 2.5 bay shop; with plenty of parking. Total sales: $395,431 Total expenses: 267,180 Net profit to investor: $128,251 Asking $385,000. Shop is open m-sat P&l based on jan-dec 2021 Shop established over 15 years. Current owner since 2014. 2021 P&L Total Smogs: 8560 Smog Certs Issued: 7419 Total Sales 395431 RENT 54660 PAYROLL TECH 1 73992 PAYROLL TECH 2 25224 COST OF CERTIFICATES 61207 SGS TESTCOM COMM 5265 BAR 97 SVC CONTR 5544 ADV: SMOG TIPS 2400 ADV: YELP! 900 WORKMANS COMP 1560 PAYROLL TAX 6744 SHOP EXPENSE 2904 OFFICE SUPPLIES 1200 ALARM 660 PHONE + INTERNET 2172 BIZ INSURANCE 1680 CREDIT CARD FEES 6816 TIPS, BONUS 8560 SMUD 3000 INVOICE+ALL DATA 1692 BAR/Biz lic 500 Misc Expense 500 Total Expenses 266180 Net Profit to investor 128251 Location: Sacramento, California Year Established: 2008 Number of Employees: 2 Real Estate: Leased Building Sq. Ft.: 2,100 Rent: $4,600.00 Per Month Facilities: Two bays with guest waiting room. Growth & Expansion: Recession proof business.

Business Details
Industry:
Automotive & Boat
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 21, 2022

Updated: 6 days ago

Views: 7

Favorites: 0