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

Sacramento, CA (Sacramento County)

3 Bays
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Asking Price: $385,000

Cash Flow: N/A

Gross Revenue: $395,000

EBITDA: N/A

FF&E: $10,000

Inventory: $5,000

Rent: $4,600 per Month

Established: 2008

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

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Business Description

700+ Smogs; Simple Business, CASH COW.

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

Detailed Information

Location:
Sacramento, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,100
Lease Expiration:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Two bays with guest waiting room.
Growth & Expansion:
Recession proof business.
Financing:
CASH SALE.
Support & Training:
4 weeks of training and support.

Business Location


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Business Listed By:
Shawn K

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