E-Commerce Online Pre-Licensing Driving Course Approved by NYS DMV

Manhattan County, NY
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Asking Price:$1,200,000
Established Year:2021
BUSINESS DESCRIPTION

Excellent opportunity to purchase an online DMV Pre-licensing course business that has been in development over the past few years and launched in 2023. This 5-Hour Online Pre-Licensing Course provides a convenient option for new drivers seeking their first license. The New York State Department of Motor Vehicles (NYSDMV) requires all new drivers to complete this training before scheduling an appointment for their road test. All of the hard work has been done and licensing has been approved by the NYS DMV. This evaluated price is based on a total initial monetary investment, intellectual property (course was hand written), software engineering and marketing. Course development and initial approval by the NYS DMV took over two years. They launched the course to the public in 2023 and have seen substantial growth results. Per research they share a 300,000 students market with other online course providers. The Legislature is reviewing to include 16-17 year old students to the scope which are currently excluded from the number. That will potentially add another 20% to the total value. The company believes it is a very lucrative opportunity and predicts this business to grow 200% in the next year as per their advisors. This is an online business making the costs low and profits high. The Spanish version of the Course is ready and just waiting for approval from the DMV. It should be live with-in the next few weeks. The pre-licensing course system can be scaled to launch in other
States offering the Pre-Licensing course. Seller/developer is moving out of the country and also has a lucrative Driving School with 3 locations which would be a perfect add on for this business. CNDA and POF Required.


DETAILED INFORMATION
Location
Manhattan County, NY
Inventory
Not Included in asking price
Facilities
Online Technology - no office
Growth & Expansion
Poised for class to be convereted to Spanish and awaiting imminent approval by NYSDMV
Support & Training
yes
Reason for Selling
Owner Relocating/Illness
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Scott Specht
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Scott Specht