Northern Nevada's Oldest Smog Shop - Absentee Owned! - SC2242

Northern Nevada's Oldest Smog Shop - Absentee Owned! - SC2242

Financial Information
Asking Price: $125,000
Cash Flow: $50,000
Gross Revenue: $150,000
Down Payment: $125,000
Adjusted EBITDA: On request
 
This Northern Nevada based Smog Shop is a Nevada C- Corporation and was formed in the 1970’s and has been under the current ownership for the past 10 years. They are the longest operational emission testing center in Northern Nevada. Along with SMOG tests, they also provide brake servicing, oil changes, tire rotations, and fluid flushes. The shopping complex this business is located in has been totally remodeled, and a new street, landscaping, and lighting improvements have also been completed across the street. They are open Monday through Saturday, from 8am to 5:30pm. They currently charge $28 for a smog test for vehicles and $43 for heaving duty trucks, and also provide registration services for an additional $10 charge. This is an absentee owned business.

Business Location
City: Northern Nevada
State: Nevada

Reason for Sale
The reason for selling is Seller would like to pursue other interests.

Detailed information
Year Established: 1975
Home Based: No
Franchise: No
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 1
Part-Time Employees: 1
Contractors: N/A
Owner Worked Hours/w: 2
Inventory Included: Yes
Inventory Value: $1,000
Monthly Rent: $3,540
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 2000
FF&E Included?: Yes
FF&E Value: $17,500

Training/Support
The Seller is willing to provide training at 30 hours per week for 2 weeks for the new owner. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller.

Facilities
This business operates out of 2,000 square feet that includes 2 car lifts, double servicing garage doors, office, restroom, sitting area and space for 4-5 cars within the building. There is 3.5 years left on the lease and monthly rent is $3540 including CAM charges. There is a 2% increase in 2026 in rent, no increase in 2027 and a 4% increase in the final year.

Market Outlook/Competition
The overall vehicle emissions testing service market in North America is valued at approximately $2.0 billion in 2024, with projections to reach $2.8 billion by 2033. Key drivers for growth include: Regulatory Mandates, Aging Vehicle Fleet (avg. age of vehicles in 2024 is 12.5 years), and Population Growth

CA 02282967
NV B.1003039.LLC
NV BUSB.0007191