Posting Details

Smog Test Only Shop - Absentee Run For Sale - San Jose, Santa Clara County

Ideal business for a semi-passive investor. Verifiable financials through actual invoices and third party statements. Need to know nothing about cars or smogging. Can manage remotely via State's website and available software. Governed by the State. Advertising & customer service are the key ingredients. High return on investment. Requires very little time from investor. I have sold 146 shops to investors in 11 years. If you have the funds, call for an appointment. The present owner ia banker. He may carry a promissory note for a qualified buyer and offer.

Gross Revenue Smogs 255,909.00
Revenue from Sublease 18,600.00
Cost of Certificates 44,550.00
Gross Profit 229,959.00
Rent 39,600.00
Ft & PT Tech Wages 56,661.00
Cash Bonus to Techs 3,600.00
Payroll Tax & WC Ins. 5,250.00
Liability Insurance 798.00
Credit Card Fees 3,670.00
SGS Fees 6,483.00
Ads (3 venues) 20,386.00
Utilities 3,996.00
Analyzer rental 5,740.00
Office & Shop Supplies 2,087.00
Miscellaneous 250.00
Permits, Licenses, 571L 628.00
Total Expenses 149,149.00
Net Income to Investor 80,810.00

P&L based on January to December 2018
Open M-F 8-5, Sat 9-5, S 9-2
Shop closed 6 days/year. Techs not paid.
Sublessee pays $1,500/m rent & $50/m PG&E
Long-term sublessee pays cash every month
Business established 2/2013
Present owner since March 2017
Lease ends 1/31/2023. Buyer will get extension.
The listing # 249175 Smog Test Only Shop - Absentee Run - San Jose, Santa Clara County below is currently OFF THE MARKET due to that it is either in escrow at this time or has recently been sold. For more businesses for sale that are like this Smog Test Only Shop - Absentee Run in San Jose, Santa Clara County please see a sample of BizBen active listings below and links to all similar listings on BizBen.com.

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