Reputable Driving School Birmingham West Midlands For Sale

Business description

The particular highlights of the business are:
• Ideally located concern offering excellent lifestyle.
• A very well established business.
• Good loyal clientele.
• Fully equipped business with favorable lease terms (see below).
• A business with great potential which has not been exploited because the owners wish to retire.
• An easily run operation.
• Good loyal well trained drivers.

Phoenix Business Transfer Agents are delighted to place onto the market this very well known driving school which has been established since 1988. The business has been in the hands of the current owners since 1988 and they now wish to sell due to retirement.

This very good business opportunity provides a quality driving school for new driver training. Clients are booked via the office for all the self employed instructors. The school has also offered training for potential instructors.

The concern employs 0 staff. There are 15 self employed instructors who pay £25 per week each and a percentage of the fees charged.

The owners’ roles are part time this husband and wife team runs the office.

The owners do some marketing for the business which also attracts good passing trade.

As far as competition is concerned there is a lot of competition in the area.

The client base comes from a large geographical area.

The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Increasing the opening hours to include weekends and evenings.
• Re introduce advanced training.
• A new and enthusiastic owner would easily achieve much higher turnover.
• Becoming more efficient with staffing levels.

The owner would be available for a business familiarisation period of one week for the benefit of the new owners if required. The Owners would also be happy for an on the job observation period to assess the business prior to offers being made.

Property Details
The property is terraced and is part of a parade of shops and is approximately 380 sq ft. The front is branded with an attractive glass front. The main customer service area is carpeted and is very well presented and is very conveniently laid out.

To the rear is a further office and staff facilities.

Equipment with sale
All fixtures and fittings and equipment are included in the sale price and are valued at £5,000.

Financial Details
The present turnover is £30,000 per annum. In the past the business has enjoyed a huge turnover but the business is in need of fresh ownership. The potential turnover of the business within the next 2 years is forecast to reach £150,000 given the changes that are required to be made to the business. Full financial disclosure is available on request after viewings and the signing of a confidentiality agreement.
Please note Phoenix do not guarantee the accuracy of these figures which are in many cases estimated and are not verified. Please do not rely on the accuracy of these figures and seek professional help before making any offers. Phoenix will not be held liable for any inaccuracies in these figures or any other statements contained in relation to this business.

Trading Hours
The business operates from Monday to Friday between 10am and 4.30 pm.

Tenure
There is a monthly rolling lease. The rent is £4,500 pa.

Viewings
The owners are available for viewings on Mondays, Tuesdays and Thursdays from 10am.

Property information

Property:

Leasehold

Lease terms:

There is a monthly rolling lease. The rent is £4,500 pa.

Location:

This superb business opportunity is situated in Birmingham in the West Midlands. It is on a main arterial road and enjoys much traffic flow and there is a good foot flow of pedestrians. It has a very prominent location. There is a residential area surrounding the property and it is within a commercially thriving part of the area. There is ample free parking nearby.
The area attracts many shoppers who use the area on a daily basis and there are many local facilities including banks and many other retailers. There are also busy industrial estates nearby.
The location is well linked with the M42 and the M6. The business has clientele from within a very large radius. The recent urban development of Birmingham has led to it becoming a very attractive area.

Premises details:

The property is terraced and is part of a parade of shops and is approximately 380 sq ft. The front is branded with an attractive glass front. The main customer service area is carpeted and is very well presented and is very conveniently laid out.

To the rear is a further office and staff facilities.

Other information

Competition / Market:

As far as competition is concerned there is a lot of competition in the area.

Support & training:

The owner would be available for a business familiarisation period of one week for the benefit of the new owners if required. The Owners would also be happy for an on the job observation period to assess the business prior to offers being made.

Reasons for selling:

retirement.

Trading hours:

The business operates from Monday to Friday between 10am and 4.30 pm.