Driving School With Consistent Business
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $387000
Net Profit / Cash Flow $147000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1981
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Description Driving School in business for many years has built established referral base of customers including multiple generations. Revenue and profits have been consistent. They teach people to drive prior to getting their licenses as well as defensive driving courses to people that already have their licenses to reduce their insurance rates. Excellent staff in place that runs the place when the owner takes extensive vacations. Revenue and owner's income can be substantiated with tax returns.
Facilities: Rent is only $2,500/month for nice facility with classroom and great location. Also included with the sale are four vehicles which are relatively new.
Growth and Expansion: This business could be expanded in several ways including going after a larger geographic market and also teaching driver education at schools.
Support/Training: To transition into retirement seller is willing to stay on after the sale and work for the new owner for up to 2-4 years if a new owner would like this option.
Reason Selling: Transition into retirement.
Contact for more information on this Driving School for sale.
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