Driver Education Business established for many years

Suffolk County, NY

Seller Financing Available
Driver Education Business established for many years

Asking Price:$575,000

Cash Flow:$271,359

Gross Revenue:$779,716





Driver Education Business established for many years

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Business Description

Driver Education business that provides instructions to drivers that are learning how to drive as well as giving classes to existing drivers that are interested in lowering their insurance rates with defensive driving courses. The owner doesn't do any of the driving lessons. He focuses on sales and managing the business. They provide private driving instructions as well as having contracts to teach driver education at high schools. Based on their reputation they have a built up a continuous source of referrals from their clients. Over 15 cars are included with the sale of the business as well as a class room, office, etc. Their is an experience full time office manager in addition to the owner and the part time employees and driving instructors. This is one of the premiere driving schools in the Nassau and Suffolk county areas.

Detailed Information

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
You could continue to expand the business by contacting additional high schools, libraries, and businesses to teach courses at. Also someone could do new internet adverting.
Seller would like $450,000 and would finance the balance
Support & Training:
Included in the sale price the owner would work at the business for a month after the sale working 4-5 hours/day to help run the business and provide a training and transition. After that time the owner would be available to work longer at a reasonable salary.

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Lincoln Taylor

Business Listed By:
Lincoln Taylor

Synergy Business Brokers

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Memberships & Certifications:
Indicates membership in The New England Business Brokers Association (NEBBA).

Sponsoring Broker:
Blake Taylor

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