BizEx465-RD: Traffic & Driving School for sale



Background:

General Location:Los Angeles, CA
Category:Services > Educational Services
Automotive
Years in Business:40 +
Under Present Owner:40 +
Hours of Operation:Monday - Sunday
Owner Hours:M-F 11am - 2pm
Training:Yes
Organization Type:
Lease Expiration:
Lease Options:
Building Size:900 sqft
Employees:5 FT; 2 PT

Reason for Sale:
The Seller is Retiring

Financials

Asking Price:$348,000
Down Payment:Negotiable
Gross Sales:$408,335
Discretionary Cash Flow:$107,185
FF&E:$ 60,000
Inventory Included?Yes
Inventory:$ 1,500
Minimum Operating Capital:$
Real Estate Available?No
Real Estate Asking Price:$
Rent:$ 2,300/month
Payroll:$ /month
Financing:Seller

201120102009
Gross Sales408,335411,100416,800
Gross Profit
Disc. Earnings107,185

* YTD as of , ** = Prorated.

Broker Info


Robert Dean
Business Broker
(310) 793-6757
LIC# 01720308

Summary

Very successful Traffic & Driving school for sale in Los Angeles. Over 40+ years in business! Excellent location and a great reputation helps with keeping a consistent revenue stream for the company. Seller is willing to help finance.

The business has several streams of income including, Drivers Education, Behind the Wheel Training, Traffic School, Teen Training, Online Drivers Ed, private classes, and this company also cerifies other schools. The business includes 6 vehicles that are all paid off. This is a turn-key and very streamlined business that is all set up for a new owner to expand and grow.

After 40 years in business, the owner only works part-time, and is selling to retire. This is a tremendous opportunity for another school to acquire and build upon the solid foundation. Excellent Car and Foot traffic for great exposure.

Any questions, please contact Los Angeles Business Broker Robert Dean at 310-793-6757 or email: rdean@bizex.net

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DISCLAIMER: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.