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Largest Driving School

Location  Staten Island, New York, United States
Asking Price Range  $2.5M - $5.0M
Gross Revenues  $3570000
Net Profit / Cash Flow  $965000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1992
Number of Employees  100 - 200
Inventory  500000
Relocatable  Not Disclosed
Number of Employees  100 - 200
Real Estate  Leased
Training  Seller will stay on for 3 years for a salary to train and help expand the business.
Reason for Sale  Owner wants to spend more time with his family.

Driving school currently has 4 locations with gross sales of $3,500,000 plus it has receivables of around 400,000 the business is growing every day with very strong foundation.owner will train and also give all contracts,and venders contracts including 3 government contracts and 11 High School contracts and also 10000 students each year from drivers education.Business needs the right buyer that has computer background and a customer service oriented person. Expansion possibilities to expand in other area's of five boroughs. plus foundation is strong for big corporate accounts. Asking Price: $3,500,000. Gross Revenue: $3,570,000. Cash Flow: $965,000. Cash Flow Comments: After all expenses. Inventory: $450,000 (Included in Asking Price). FF&E: $50,000 (Included in Asking Price). Seller Financing: Owner is very confident of numbers and is willing to be creative with the financing but do not waste your time if you don't have $1,200,000 to put down as key money. Year Established: 1992. Employees: 80 full time - 30 part time. Facilities: We have 4 locations, 3 in Staten Island and 1 in Brooklyn. Included with purchase is 90 Toyota Corollas, 5big rig trailer and 5 school buses. Market Outlook and Competition: The driving school has 75% of the market place in staten island. The business already has a tremendous foundation with 3 existing government contracts and 11 High School Contracts. Plus 10,000 students for drivers education each year. Deep routed with over 7 ways company brings in revenues. Company generates money while you sleep. Email or contact Jon Henry Quinones at 718-407-9676 for more information on this Driving School for sale.

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