Traffic & Driving School for sale

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Background

BizEx ID:BizEx465-RD
General Location:Los Angeles, CA
Category: Educational Services
Automotive
Years in Business:42
Under Present Owner:42
Hours of Operation:Mon - Sun.
Owner Hours:Mon - Fri
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:
Lease Options:
Building Size:900
Employees:8
Reason for Sale:Retiring

Financials

Asking Price:$348,000
Down Payment:Negotiable
Gross Sales:$408,335
Discretionary Cash Flow:$107,185
FF&E:$60,000
Inventory Included?
Inventory:$1,000
Min. Operating Capital:$5,000
Real Estate Available?No
Rent:$2,300
Financing:Seller

2011 2010 2009
Gross Sales $ 408,335 $ 411,100 $ 416,800
Gross Profit $ $ $
Disc. Earnings $ 107,185 $ $




Robert Dean
Business Broker
4551 Glencoe Ave., suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 122
Direct: (310) 793-6757
Lic#: 01720308

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations