Driving School - Priced To Go Fast
Location New York,United States
Asking Price Range < $250K
Gross Revenues $58257
Net Profit / Cash Flow $24000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2004
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Description Incredible deal for a first time buyer! This beautiful space, about 720 sq.ft is underutilized and waiting for you. This is an up and coming, fast growing and ethnically diverse location with huge potential. The school has been in business for two years and is still the growing stage where profits keep increasing. It provides multiple sources of income: the driving lessons and the 5-6 hour classes. Creating relationships with the neighboring high-schools would be a great asset, since these is a mandatory class for their students. There are currently 2 employees and 1 car that offer all the services that are needed on premises. The owner is willing to finance 50% and will stay with the buyer until the new owner is settled in. Aggressive marketing would be a great way to tremendously increase the sales of this well established business even further. Asking price is $35000, with down payment of only $17,500.
Financial Information:
Asking: $35,000.
Gross: $58,257.
Cash Flow: $24,000.
Financing: 50%.
Contact for more information on this Driving School business for sale.
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