Smog Test Only with real estate
| Asking Price: | $325,000 | Inventory: | $500 ++ |
| Gross Revenue: | $500,000 (comments below) | Real Estate: | $650,000 ** |
| Cash Flow: | $160,000 (comments below) | FF&E: | $50,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Est. 2009 revenue | |||
| Cash Flow Comments: inc. amount pd. seller for rent | |||
There are two locations for sale, one is owned by the seller and the property is also available at an asking price of $650,000. The parcel measures approx. 100’ X 200’ with the existing building occupying the front half. A new owner could build on the rear portion and expand to become a full service auto repair, or perhaps build a small office building, etc. The building has 3 bays with three dynos in place. All are drive-thru bays.
The second location is in a leased facility that the seller has first right of refusal to purchase. There is approximately 24 months remaining on the lease. There are two 2-car drive-thru bays with one dyno. The concrete is cut to accommodate a second dyno as needed. The second bay could be used for repairs, etc.
The second location is in a leased facility that the seller has first right of refusal to purchase. There is approximately 24 months remaining on the lease. There are two 2-car drive-thru bays with one dyno. The concrete is cut to accommodate a second dyno as needed. The second bay could be used for repairs, etc.
About the Business
Year Established:2000
Employees:4 full time -
Facilities:These test only shops are ideally located in the City. This is one of the fastest growing areas in Southern California. The owned property was appraised for $650,000 in 2007.
Market Outlook and Competition:January, 2009 smog tests were 22% higher than January, 2008 volume. New air quality rules will ensure the long term growth for this business.
About the Sale
Management Training and Support:4 weeks @ 20 hours per week
Reason For Selling:Retirement, owner's health
Seller Financing:Seller will consider 10-15% seller note financing with adequate collateral.
KEYWORDS: test only smog,smog test,auto repair,recession proof business
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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