Very well established, respected, successful Driver Training School

Irmo, SC
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Asking Price:$45,000
Rent:$750/Month
Gross Revenue:$170,000
Established Year:2009
BUSINESS DESCRIPTION

Must sell due to serious family health issues

Very well respected and successful driver training school available for purchase. We handle roughly 400 new students each year, including teens, adults and walk-in clients. Teens under 17 are required by SC state law to take driver training, but we also have a great following with adults as well. The sale would include all approved SCDMV curriculum, all marketing material, all classroom furniture and supplies, all office supplies including printer and all office furniture. Cars can be included as part of the sale (not included in the price but can certainly negotiate). We currently have a 2022 Toyota Camry and a 2024 Honda Civic.


DETAILED INFORMATION
Location
Irmo, SC
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,600
Lease Expiration
31/12/2024
Employees
5
Facilities
Current lease is for 1600 sq ft facility, full office and full classroom that seats 35 students but can be configured to accommodate more. Space features (2) bathrooms. Includes classroom tables, chairs, supplies as well as all office furniture, chairs, printer, supplies, etc.
Competition
There are a few competitors in our immediate area, most of them do not accept anyone over the age of 17, so we have a huge adult customer base along with the teen customer base. We also focus more on Defensive Driving as opposed to just helping students pass a road test. We want our customers to be well trained and very well prepared for the road.
Growth & Expansion
There is currently more business than we can handle this past year. With so many people moving to SC from other states, the student population has increased drastically. We have continued to increase our volume each and every year. With an additional instructor or two, our business could be 40% more in volume easily.
Support & Training
We will provide transitional support and any necessary training we can. One, if not two of our instructors, can perform driving lessons as an employee for you (time frame to be determined).
Reason for Selling
Serious health issue in family

BUSINESS LOCATION
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SUSAN PIERCEY
SUSAN PIERCEY