Asking Price: $350,000

Gross Revenue: $495,000

Cash Flow: $150,000

Inventory: $21,000 (Included in Asking Price)

FF&E: $80,000 (Included in Asking Price)

This is an established smog and mechanic shop with almost 30 years of repeat clientele. It is a Cash business that gets a lot of foot traffic from the car wash next door and the neighbor restaurant. Owner never advertises. There are 5 double bays, 2 offices, and 2 baths. 1 double bay is sub-leased to a muffler shop and 1 double bay is used for the smog. This smog shop does both test only and regular smog, which is very valuable and rare. The equipment, computers and in ground rollers are incl. The discretionary earning are over 150k and the annual receipts 500k; there is a lot of space with an inside parking lot and the shops for a total of about 3000 sq ft. The shop functions with the owner, one full and one part-time employee. The owner lives in Oxnard and does not want to go back and forth anymore because he wants to enjoy his kids are they are growing up. By the way, it would be perfect to add a towing company because it is the right commercial/Industrial zoning. Please contact Alan Kliff at (818) 448-5623.

Year Established: 1989

Employees: 1 full time - 1 part time

Management Training and Support: 12 weeks at 40 hours per week following the close of escrow.

Reason For Selling: Moved