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DMV Services / Livescan / Insurance / Notary Business
Location California,United States
Asking Price Range < $250K
Gross Revenues $160000
Net Profit / Cash Flow $9000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2007
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train.
Reason for Sale Other business opportunity.
Description Company History
The business was opened in 2007. The founder has successfully established, operated, and sold multiple locations of the business. The business has proven to be an excellent model with a record of profitability. Additionally, with four locations sold in 2003 to 2008, the business has proven to be desirable to buyers.
Services
The business provides valuable DMV, Insurance, Live Scan, Notary, and services to the local population. The business is similar to the well known Auto Club (AAA) in the DMV and insurance services it provides. The business holds license plate and stickers inventory to dispense to clients on the spot. Customers can process their DMV items without the hassle of going to the state run locations. Customers can avoid waiting in ever increasing DMV location lines.
The company currently maintains Registration Services license that is required for the new owner. The Registration Services license granted by the Ca DMV allows the business to conduct transactions at two non public or ''Industry'' DMV locations. A Notary license is required notary services part of the business. The owner is not required to be the Notary, any employee is eligible.
The business is open M-F 9:00-6:00 and Saturday 10:00 - 2:00
Facilities
The company is located in a high traffic shopping center with a great anchor tenant This location is approximately 1,200 square feet of customer service space. The lease is in place with options to extend. Current rent for the location is $1500.00 per month. The lease is assignable and has a five year option to extend.
Asking price is $180K.
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