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- RE: CDL Truck Driver Licensing & Training School
- Contact: Not Disclosed
Quick Facts
Asking Price: | $2,450,000 | |
Annual Revenue: | $1,774,457 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $879,342 | |
Total Debt: | Not Disclosed | |
FF&E: | $381,825 | |
Real Estate: | Not Disclosed | |
Year Established: | 2011 | |
Employees: | 3 | |
BBN Listing #: | 945359 | |
Broker Reference #: | CCI010-C |
Business Overview:
For over 20 years this niche business has been educating students to get their CDL with driver training classes. They have both classroom and active driver training using their 15 Semis. They are also accredited through the DMV as an official 3rd party CDL testing site with a truck driver. Throughout North America, this post high school career path brings students that are 30% from the Midwest states and 70% from across the US. They have a location in Nebraska, strategically located on the I-80 which is the most travelled US interstate for coast-to-coast hauling. The purchase price includes a fleet of 16 Tractor Trailer Semis, buildout classrooms, a full curriculum, plus a full class schedule as truck drivers remain in high demand throughout North America. Additionally, the owner is offering 10% financing plus a 2-year training period to ensure a smooth and successful transition. A tangible growth strategy is to add additional community colleges to their referral partners. After becoming licensed through their program, a driver can now earn $80,000/year for only a $4,000 investment into their tuition.
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Property Features and Assets:
Vehicles: $381,825
•15 Semi’s, 20 Trailers, Shop and Mechanical Equipment, Office Furnishings.
Market Competition and Expansion:
Growth Opportunities: Open other locations especially near more community colleges. Hire former students as trainers to increase capacity. Incorporating lodging and/or a restaurant space for students coming from out of town. Add national marketing.
Reason for Selling:
retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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