Student Driving School for Sale!

Prince George's County, MD
listing image
Asking Price:$245,000
Gross Revenue:$375,000
Rent:$3,225/Month
Established Year:1990
Cash Flow:$75,000
Inventory:$60,000
FF&E:$50,000
BUSINESS DESCRIPTION

Excellent business opportunity for this Thirty-year-old profitable turnkey driving school with a gross yearly income of $375,000 based on an onsite owner-operator. Approximately 90% of the service is for younger adolescents obtaining their driving license, and the company offers an easy in-office registration process that eliminates unnecessary trips to MVA. Their philosophy is prevention instead of correction, and the company is focused on giving every student a clear and robust driving foundation that will stay with them for life. The company provides a solid foundation of driving skills through its expert instruction for all MD drivers 15 years old and up. Their lesson plan involves clarity in right-of-way rules, vehicle control, road test preparation, transportation to the road test, and defensive driving techniques. Every student is essential and obtains a personalized service. The driver's education course is 36 hours: 30 classroom hours and six road hours. All the driving instructors are certified and licensed by the State of Maryland and are subjected to federal background checks. Choosing a Driver Education Provider for a child is a crucial decision, and this company supplies the highest quality and service available in the industry. The business offers both online and in-person courses. This will allow the applicant to start the lesson from home or school and, in their hometown, practice driving in their familiar areas.

This business has four established annual contracts with local high schools to ensure a steady influx of students.


DETAILED INFORMATION
Location
Prince George's County, MD
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,950
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
6 Vehicles, Furniture & Fixtures including 4 Desks, a Laptop computer, and a Projection TV
Competition
This business has four established annual contracts with local high schools to ensure a steady influx of students.
Growth & Expansion
The business presently has a minimal marketing budget and a professional website, which could be very productive and profitable if utilized to its full potential. Competition/Market: The expense of setting up a new driving school will require substantial replacement costs for vehicles and software, employees, etc.
Financing
ALL CASH
Support & Training
The owner will remain post-closing for training or consultation. Also, the owner will consider an offer for employment if presented.
Reason for Selling
Health
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john bunn
john bunn