Established, Profitable Seattle Driving School

Not Disclosed, WA
King County

Asking Price: Annual Revenue:
$449,000 $504,651

Services: Education & Training

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RE: Established, Profitable Seattle Driving School Broker: Judy Elrod

Quick Facts

Asking Price: $449,000
Annual Revenue: $504,651
Net Profit: Not Disclosed
Cash Flow: $162,047
Total Debt: Not Disclosed
FF&E: $45,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 8
BBN Listing #: 77104955
Broker Reference #: 8004-16130

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Business Overview:

Well located Profitable Driving School and License Testing Center includes three driving vehicles. Double-digit growth in a highly desired affluent market area with 5 high schools. Fun and engaging reputation results in booking full classes on a regular basis. Offers in-class and in-the-field driving instruction plus state written and driving exam administration Established, Profitable, Turn-key. The driving school has 5 certified instructors and 2 are qualified to provide services in Spanish. Great opportunity to take over established and successful business. It can be Absentee Owner or Owner Operator. Driving schools have proven recession proof and this business has grown even in the COVID environment. Driving schools are lumped in with higher education and professional learning and given approval to continue to operate as long as they adhere to all safety protocols.

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Property Features and Assets:

Favorable lease in a building with good visibility on a busy street with ample parking and easy access. Assets= $54,691

Market Competition and Expansion:

Just about every individual in this country needs driving education at one point or another in their lives. Demand is high as states continue to require teens to take driver's education programs. This company has an upbeat and friendly reputation that is chosen over the competitors. Poised for 30% student growth in 2021. Increased marketing efforts will bring in future growth opportunities.

Reason for Selling:

The Seller has moved out of state.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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