Seller's Contact Information
- RE: Driving School
- Contact: Jason Brice
Quick Facts
Asking Price: | $195,000 | |
Annual Revenue: | $824,746 | |
Net Profit: | $140,329 | |
Cash Flow: | $104,329 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 307045925 | |
Broker Reference #: | Not Disclosed |
Business Overview:
BUSINESS FOR SALE: Driving School
Surrey, BC
Business not suitable as a passive investment | full-time owner-operator required
Estimated Down Payment Required: $50,000
No direct industry experience required to own this business.
Asking Price: $195,000
Seller willing to accept 90% paid at closing, and 10% paid in 5 years to qualify for BDC loan
Assets included: Vehicles & Classroom materials
No liabilities ($) assumed by new owner
Business includes 100% of any pre-paid customers (est. $100,000 to $150,000 cash included)
* Owners willing to properly train the new owner (up to 2 months full-time, included in sale price)
REVENUE - 2022
$824,746
PROFIT - 2022
$140,329
* Recession-proof Industry
* 10 Years in Business
* Steady referrals
* Great staff
* No bad debt
* No major capital expenditures required
* Good gross margins
* High barriers for new competitors
Serious inquiries only. | Signed NDA required.
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Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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