Established LA Traffic & Driving School - 42 Years
Home / Listing / Established LA Traffic & Driving School - 42 Years
This listing is: Off Market
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 | $ | $ |
