|
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.
Click Here To Contact Seller
|
|
