Growing Truck Driving School

Not Disclosed, CA
San Bernardino County

Asking Price: Annual Revenue:
$375,000 $463,000

Services: Education & Training

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RE: Growing Truck Driving School Broker: Andre

Quick Facts

Asking Price: $375,000
Annual Revenue: $463,000
Net Profit: $166,000
Cash Flow: $166,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1994
Employees: 4
BBN Listing #: 779649686
Broker Reference #: 3068

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Business Overview:

Established truck driving school, since 1994.
DMV certified. Approved by CHP, MCP Motor Carrier Permit (DMV), DOT, CA # (for California). Class A and B certifications. This is a very impressive business that has seen a tremendous growth, especially in the last few years.
Completely absentee run, 1 owner does not go to the business and the other owner oversees business remotely. Everything has been automated and done through website. Students have ability to pick their own class schedule (which makes it good for those that have a full-time job, or family) and are notified of any changes. Same with instructors, they receive daily updates on new students, class schedules and cancellations. Multiple student funding options see website. After students are certified, company offers free job placement.
3 instructors, 2 work yard and one goes to DMV.

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Property Features and Assets:

Yard is owned, currently being developed, expected to be completed sometime in 2020. Yard is 0.8 acres. Buyer will have option to purchase or lease, to be discussed upon accepted offer. 4 trucks (1) 4years old; goes to DMV for test (3) around 9 years old; stay in yard for training.

Market Competition and Expansion:

Very little competition with very few schools that offer these certifications and capabilities for students to work at their pace (scheduling around their preferred times) Increasing in growth by an average of 10%, year after year.

Reason for Selling:

Partnership split.

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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