Revenue Estimates for Providing HD I/M Compliance Testing Services

To help you understand the potential revenue your smog inspection station could generate from providing HD I/M compliance testing services, below are revenue estimates based on different volumes of truck checks per month.

Assumptions:

• $50 per check for vehicles equipped with 2013 and newer engines using ROBD.
• $70 per check for vehicles equipped with engines older than 2013.
• For simplicity, we'll assume that 60% of the vehicles tested are 2013 or newer (charged at $50) and 40% are older than 2013 (charged at $70).

Revenue Estimates:

1. 50 Truck Checks per Month

• 30 trucks (60%) at $50 per check:
  $50 x 30 trucks = $1,500
• 20 trucks (40%) at $70 per check:
  $70 x 20 trucks = $1,400
• Total Monthly Revenue:
  $1,500 + $1,400 = $2,900
• Total Annual Revenue:
  $2,900 x 12 months = $34,800

2. 100 Truck Checks per Month

• 60 trucks (60%) at $50 per check:
  $50 x 60 trucks = $3,000
• 40 trucks (40%) at $70 per check:
  $70 x 40 trucks = $2,800
• Total Monthly Revenue:
  $3,000 + $2,800 = $5,800
• Total Annual Revenue:
  $5,800 x 12 months = $69,600

3. 150 Truck Checks per Month

• 90 trucks (60%) at $50 per check:
  $50 x 90 trucks = $4,500
• 60 trucks (40%) at $70 per check:
  $70 x 60 trucks = $4,200
• Total Monthly Revenue:
  $4,500 + $4,200 = $8,700
• Total Annual Revenue:
  $8,700 x 12 months = $104,400

4. 200 Truck Checks per Month

• 120 trucks (60%) at $50 per check:
  $50 x 120 trucks = $6,000
• 80 trucks (40%) at $70 per check:
  $70 x 80 trucks = $5,600
• Total Monthly Revenue:
  $6,000 + $5,600 = $11,600
• Total Annual Revenue:
  $11,600 x 12 months = $139,200

Summary of Potential Revenues:

These revenue estimates provide a clear picture of the potential earnings your smog inspection station could generate by providing HD I/M compliance testing services. As you increase the volume of truck checks, your monthly and annual revenues can grow significantly, making this an attractive addition to your service offerings.