Established Smog and Repair Shop
Fresno, CA (Fresno County)
OFFERED AMOUNT: $495,000
Profitable and Established mechanic shop.
Turnkey excellent business opportunity that was established in 1988. This shop has been in business for 29 years, 25 of which have been in the same location. The company has enjoyed a reputation for providing excellent, quality service to its customers and has an outstanding reputation in the community. $1M+ in gross revenue, $250k in net profit and still continuously growing year over year even in it's 29th year of operation. This is literally a recession proof business. Most of the employees have been with the company for extended periods and are extremely competent. 0 debt on the books and immaculate bookkeeping had been maintained over the life of this business. All stated figures are fully verifiable and any financial documents will be gladly provided upon request.
Includes all up to date smog testing equipment, 2 dynos (1 above ground, 1 in ground), and 2 lifts (1 two-post hoist with 6k lift capacity. 1 four-post hoist with 12k lift capacity). It sits on Shaw Ave., a major artery in Fresno. Excellent facilities that are extremely clean and well maintained. Current owner has taken huge pride in ownership in keeping the shop well-groomed. 4300+ square feet of shop space with 9 bays, 2 offices, 1 lobby, 1 employee break room, and an upstairs storage area with it's own bathroom. Multiple years still remaining on the current lease at a very reasonable rental rate ($6300). The landlord is very easy to deal with and the current shop owner has never had any issues with them while in business.
There are no other smog shops within a 3 mile radius.
Growth & Expansion:
Tremendous untapped growth potential if the new owner kept the shop open on Sundays, provided a couple key additional services, and ramped up marketing efforts.
Support & Training:
Current owner will provide ample training and support to ensure a smooth transition for the new owner. Will also provide ongoing consultation and assistance on an as needed basis several months following the sale.
Reason for Selling:
Wanting to retire.