Successful Driving School – $115,000 Seller Net Earnings

Started in 2013, High Demand, Recurring Services, 30% Net Profit Margin

SB830 Blind Image 1

Specifications

 Price:
$325,000
Revenue:
$365,419 (Weighted Avg.)
Cash Flow:
$115,086 (Weighted Avg.)
Location:
Santa Cruz
County
Current Service Area:
Santa Cruz County & Surrounding Counties
 Net SDE Profit Margin:
Greater
than 30%
 Employees:
12 (1 FTE + 11 PTE)
Reason for Sale:
Retirement
Key Factors: Rated (4.7 of 5)
Recurring Demand
Year Established:  2013 (10 years in business)
School
&
Services: 
State-licensed driving school. Authorized online education & comprehensive behind-the-wheel training, designed to enhance safety & driving proficiency in compliance with state regulations.  Youth & adult students. Provide necessary skills & knowledge to obtain a driver’s license while meeting all state requirements.
Average # of Vehicles:  6 transferring vehicles.
Furniture Fixtures & Equip:  Transfer list available during due diligence
Primary
Clients: 
Teenage driver license/permit applicants must meet state education/training requirements
and others who want to improve their driving self-confidence and related skills.
Facility & Lease:  Approx. 990 sq. ft ; $1,250/month ; Monthly rental
Personnel:  12 people [1FTE, 11PTE]. Seller and spouse work part-time, less than 40 combined hrs/wk
Location:  Santa Cruz County and neighboring areas. Can expand services statewide.

Highlights

  • 30% Earnings (SDE)
  • Exceptional Customer Reviews 4.7 Avg.
  • 10 years in business
  • Recurring, regulation-driven demand
  • $120,000 Avg SDE Earnings (2 years)
  • High Barriers to Entry (Licensing, systems, staff, ratings)
  • Can Expand to Other California areas
SDE Profit Margin Chart

Cashflow Analysis

SB830 Financial Table 2023 05 24

Asking Price