Total of 18656 firms and businesses for sale today Sunday 28th April 2024
Time to Sell or Time to Buy !

Business For Sale. Well Priced Smog Control 26; Auto Repair

LISTING DETAILS
Firms For Sale ID:
12053
Vendor reference:
719962
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$125,000  
Turnover / revenue:
$108,000
Net profit / cashflow:
$302,126

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
California business for sale - Best Buy in California21;21;21; Well-established Smog Control Station and auto repair company with excellent earnings, a very low price and no competition. This 15-year-old company is located on a major thoroughfare near the beautiful Inland Empire community of Hemet (Riverside County). Nestled below the foothills of the San Jacinto Mountains, this idyllic setting is home to nearly 300,000 people in the general area. The company has no smog certification competition in the immediate area (nine miles). Current owner recently lost his father who was a partner in the company. The son owns two other companies and has decided to let someone else mine this opportunity, as it requires a full time focus. Most of the business is generated from the smog certification inspections and the repairs that come from them. The repairs include everything from minor tune-up to major repair. All equipment necessary to run the company comes with the transaction including the latest smog control equipment and two auto lifts. Value of the Furniture, Fixtures, and Equipment is very conservatively valued at 24;40,000 since the smog-testing unit alone cost 24;45,000 new. Add to this 24;10,000 in current inventory and you can see that the net price over the value of the FFE and Inventory is only 24;70,000. This is incredible for a company that generates 24;102,000 in owner';s discretionary cash flow. He will even carry 50%; of the purchase price as a loan. The financial statements will support an SBA loan with an even smaller down payment. Act fast, for obvious reasons21;21;21; For more information, please contact Roger Civalleri at 310-539-8300.