Driving School
Washington (Pierce County)
Educational - Other Educational  |  Educational - Test Preparation
Seller Financing Available
Asking Price:   $175,000Inventory:   
Gross Revenue:   $344,376Real Estate:   n/a
Cash Flow:   $31,603FF&E:   $75,000 ++
++ included in the asking price         ** not included in the asking price
Driving School Franchise. Established 3 years, serving public and private school districts. Main office classroom with satellite locations at several high schools. Professional instructors paid on an hourly basis. Sales revenue steadily increasing each year with average monthly revenue approximately $28,500. There is 3 dual driving instruction vehicles and office equipment. Total value approximately $50,000 at depreciated price included in purchase. This business is currently being operated on a semi-absentee basis and requires a full-time owner-manager effort to be highly profitable. Currently leasing 1,952 sq of office and classroom space in a city retail complex with good access. Rental space has approximately 2 years left at approximately $18/sq ft plus triple net charges per year.
About the Business
Year Established:2006
Employees:1 full time - 12 part time
Franchise:Yes
Market Outlook and Competition:There are other driving schools in the region. There is growth potential in more direct private instruction marketing, addition of other driving ed courses ie motorcycles...
About the Sale
Management Training and Support:Seller willing to assist in training and transition from date of closing for a limited period of time at no additional cost to buyer
Reason For Selling:Retiring to pursue other personal and family activities
Seller Financing:Asking Price plus earn out. Terms available contact broker for details

KEYWORDS: Drivers education, High School Drivers Ed, New Drivers Education, Dual Driver Vehicles, Franchise School, Drivers School


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Business Listed By
Richard A. Swift, Designated Broker  |  McMurry & Swift, Inc.
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