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Highly Profitable Driving School
Location: United States -> Connecticut
Industry: Educational > Schools

Business Summary

This well-known Driving School Company is located in Connecticut. The firm enjoys significant operating margins and documented profitability. This business currently operates from a 900 sq. ft. leased office space.

The company enjoys a competitive advantage by being the oldest and largest driving school in the area, with exceptional attention to customer service and support of the local community. The company is a full-service driving school that offers all state mandated courses, as well as all voluntary instruction (classroom or in-car) for new drivers, whether teenager or adult, and offers quick response to customer inquiries. In addition to driving lessons, the company offers accompanying students to the DMV.
It is projected that a new owner will obtain additional growth by reintroducing Spanish speaking classes. Adding additional adult classes and increasing DMV accompaniment are also growth opportunities with a minimal investment.

The company has been fully reviewed and conservatively appraised by an accredited national valuation firm at 2.9 x SDCF (ttm). A full valuation report is included and there is $50,000 in Fixed Assets included in the deal. The business is pre-qualified by an SBA lender subject to buyer's financials, and by implementing the proposed deal structure an owner operator will obtain over $110,000 benefit in after-acquisition-debt cash flow in Year #1 â€'' over 95% return on equity investment.



Asking Price Range:  $250K - $500K
Gross Revenues:   $440,000
Cash Flow:   $160,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $50,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2006
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  A comfortable transition period will be provided by the owner who truly wants to see the business continue to flourish. Seller will consider a mid-term consulting agreement thereafter. A qualified team will stay in place and support the new owner in all aspects of the business.
Reason For Selling:  To step back after many years (consulting available)


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Highly Profitable Driving School Photo 1

Print Listing Id: 700372772
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Related Searches: Day Care Centers  >  Schools  >  Seminars  >  Test Preparation  >  Other Educational  > 

Also See: Franchise Opportunities > Franchise Resales > Connecticut Businesses For Sale > Connecticut Franchises For Sale > Connecticut Business Brokers

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