Established Driving School In Newport Irvine Area For Sale

Business description

Established Driving School-Newport/Irvine Area

Looking for a business to buy that has actually GROWN during the Great Recession?

This well established Driving School is a wonderful ‘mom and pop’ type business. It’s nicely located in an upscale neighborhood of Orange County and enjoys a below market lease rate on the office location. They are fully licensed with the State of California to provide required driver’s training.

The school’s clientele is primarily teenagers working on qualifying for their first driver’s license. In addition, a fair amount of students are adult immigrants to the United States needing training in motor vehicle operation on busy southern California streets and freeways.

The majority of the school’s business is driven by referrals and web advertising, including search engine optimization investment. The faculty is made up of well regarded and highly qualified veteran instructors, who would most probably stay on under new ownership.

In addition to a well designed and functional website, the business also includes a new scheduling software for classes and an automated accounting program.

The seller is willing to stay on with the new owner, at additional cost, while the new proprietor qualifies for necessary licenses.

Sales: $324,941.65
Seller’s Discretionary Cash Flow: $121,729
Asking: $349,990

Disclaimer: The information above was furnished by the seller. Sunbelt Business Brokers of Orange Coast or its agents have not verified the information and makes no representations as to its accuracy or reliability.

For more information call Steve Thomson, CBI, at Sunbelt of Orange Coast at ------------.
Email: -----@-------------.---. ---: ------------.

Property information

Real Estate:

Lease

Premises details:

1000 sq ft, $1295.00

Other information

Reasons for selling:

retirement.

Financing available:

Downpayment Required: $0
Monthly Payroll: $2,000

Furniture / Fixtures value:

$2,000 (included in the asking price)