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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Educational Businesses For Sale Categories   >>   

Day Care Center Business For Sale, Day Care Business For Sale, Education Business For Sale, Home Based Tutoring Business For Sale, School Business For Sale, Seminar Business For Sale, Test Preparation Business For Sale, Tutor At Home Business For Sale, Tutoring Business For Sale

Largest Driving School

Location  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.
Description  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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