Successful Driving School – $115,000 Seller Net Earnings
Started in 2013, High Demand, Recurring Services, 30% Net Profit Margin
Specifications
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Price: $325,000 |
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Revenue: $365,419 (Weighted Avg.) |
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Cash Flow: $115,086 (Weighted Avg.) |
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Location: Santa Cruz County |
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Current Service Area: Santa Cruz County & Surrounding Counties |
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Net SDE Profit Margin: Greater than 30% |
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Employees: 12 (1 FTE + 11 PTE) |
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Reason for Sale: Retirement |
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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. |
This top-rated business has been providing driver education and behind the wheel training for teenage and adult drivers for more than a decade. California law requires all teenagers (under age 18) to complete 6 hours of behind the wheel driver training and nearly 30 hours or more of online driver education. This recurring requirement helps create consistent demand for training and educational services.
Growth opportunities include servicing new geographic areas, expanding community outreach and adding additional training and educational services. The business works hard to improve the overall customer experience, as this is key to growth.
As part of the sale, the retiring owners plan to offer initial training and mutually agreed to paid consulting services to support the buyer’s success.
For more information contact John ([email protected]).
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
Cashflow Analysis
