Well Established Driving School Serving W. Houston

Harris County, TX

Well Established Driving School Serving W. Houston

Asking Price:$80,700

Cash Flow:$42,007

Gross Revenue:$299,961

EBITDA:N/A

FF&E:$24,455

Inventory:N/A

Lease Rate/Sq. Ft.:N/A

Established:1984

Well Established Driving School Serving W. Houston

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Business Description

Well Established Driving School Serving W. Houston

Murphy Business & Financial Corporation is pleased to present a long-running and well established Driving School for sale. The current owner / director has many years experience and is a highly motivated seller. The school is located in a prime location in the Houston area and provides driver education to West Houston and surrounding area residents. It offers teen and adult driver education, ticket dismissal courses and other online driver courses. The school is licensed by the state and is authorized by the Texas Department of Public Safety to conduct driver's road skills tests. The business is professionally staffed with 10 instructors, including 4 licensed Driving Education Teachers (DET). The business includes a 750 square foot classroom with capacity for approximately 36 students and a fleet of 8 well kept and maintained vehicles. It is known as one of the best driving schools in the area and is poised for continued success and growth.

Detailed Information

Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
3 FT / 8 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business is located in a busy strip center at a major intersection.
Competition:
There are several other options and alternatives for driving schools in the area, including online courses. There is also low entry barriers for new businesses. However, this business has a long history and excellent reputation that provides a solid foundation for future growth. It is consistently ranked as one of the best driving schools in the area and has outlasted many newcomers.
Growth & Expansion:
There are opportunities for the business to partner with local schools to offer driver education on campus to students, which the business is not currently doing.
Support & Training:
Will train for 2 weeks @ no cost The school is fully licensed by the state to provide driver education and conduct road tests. The license is transferable but requires a certified Driver Education Teacher (DET) on staff. The business currently has 4 DETs. It is beneficial if the new owner has knowledge of the industry.
Reason for Selling:
The current owner is ready to retire and is a highly motivated seller.

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Murphy Business

Business Listed By:
Murphy Business

Murphy Business & Financial Corporation

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Indicates membership in The Georgia Association of Business Brokers (GABB).

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