Driving School For Sale - Livermore, California
Ad/Listing Information
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| Status: |
Off The Market |
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| Location: |
Livermore |
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| County: |
Alameda |
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| City: |
Livermore |
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| Financial Information |
Detailed Information |
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| Price: |
$125,000 |
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| Down: |
Negotiable |
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| Revenue: |
$132,000+ |
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| Adj. Net: |
$90,000+ |
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| Relocatable: |
Yes |
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| Home Based: |
Yes |
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| Real Estate Included: |
No |
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| Bkr To Bkr Coop: |
Call |
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| Franchise: |
No |
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| For Sale By Owner: |
Yes |
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| Asset Sale: |
No |
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| Lifestyle: |
No |
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Description Of This Livermore Driving School Business For Sale:
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Purchase Price: 125,000 Annual Revenue:132,000+ Adjusted Net: 90,000+ Market Value: 246,000+ Description of Business Profile: Driving School with excellent reputation and consistent profitability Highlights: Professional Driving School licensed by the State of California DMV and certified by the National Safety Council, provides classroom driver education and behind the wheel defensive driver training and certification. The school has been operating in the same high visibility downtown location since 1991 and has served thousands of students during that time. This is a stable business that is affected very little by economic conditions since just about everyone wants to drive and school districts eliminated this training many years ago due to budget cuts. While the majority of the clients are teenage students, the school does teach new drivers from other countries, re-trains senior and court assigned violators. The school is also certified to teach defensive driver training to experienced drivers. This is rare opportunity to buy a business with an excellent reputation that produces a solid steady cash flow for a reasonable price. The new buyer must take over the position of an owner/driving instructor/office manager and work a 45-50 hour week to achieve the stated adjusted net profit. Competitive advantage: Employs both male and female instructors, all are either retired public safety/law enforcement or work for the school district and have superior training and background not found at other driving schools. School is the only driving school in Northern California endorsed by the National Safety Council. Commanding website presence on all major search engines and highly endorsed by clients due to professionalism of the instructors and the material presented. Superior classroom powerpoint presentation that actually teaches students and requires minimal support from the instructor. Highly visible Downtown Location that has served thousands of students since it was established in 1991. Established website and logo, the business is currently operating two late model cars with low mileage seven days a week, which are regularly inspected according to State requirements. One car is included in the sale along with the computer, software, videos, office machines, classroom materials and necessary supplies/student records to make the transition smooth. The school is currently being operated with four driving instructors in addition to the owner. A bonus of this business is that it is being operated primarily as a home-based office with the downtown location being used for meeting clients and the classroom. This is an ideal arrangement for an owner who lives locally or for another driving school owner that wants to expand. Potential to increase business: Increase direct marketing to schools. Create/buy your own on-line driver education course and market it. Expand the current traffic education program to other transportation industries such as trucking, delivery, limousine services. Create a motorcycle safety course. Expand to other traffic related training and commercial vehicle inspections. Seller's role in the operation: Driver/clerical for 20-25 hours a week for most of the year, 30-35 hour week during the summer. Seller is retiring and will be relocating. Seller to assist the buyer during the transition and is able to serve in a support role for a reasonable period of time until the new owner is comfortable with the business. Requirements: Buyer will need to apply to the State of California DMV for a Driving School Owners License and qualify to be bonded.
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