Student Driving Co. & Property

Seller Financing Available

Owner retiring after many successful years in this industry. This is an excellent business opportunity for this fourteen-year-old highly profitable driving school with a dependable gross yearly income of $589,659 and a net yearly income of $190,172 based on an onsite owner operator. Approximately 90% of the service is for younger adolescents obtaining their driving license and the company offers an easy in-office registration process that eliminates unnecessary trips to NJMVC. Their philosophy is prevention instead of correction and the company is focused on giving each and every student a clear and strong driving foundation which will stay with them for life. They will supply a solid foundation of driving skills through their expert instruction for all NJ drivers 16 years old and up. Their lesson plan involves clarity in right of way rules, control of the vehicle, road test preparation along with transportation to the road test, as well as imparting defensive driving techniques. Each and every student is important and obtains a personalized service. All of the driving instructors are licensed by the State of NJ MVC and are subjected to federal background checks. They have handpicked the best instructors the industry has to offer, and all of their employees are courteous, patient, professional, reliable, and friendly. First time applicants complete all the NJ-MVC state forms at their office, along with a vision screening and written test (if necessary). They submit the application to the state and have the learner's permit processed and ready when they arrive for the first lesson. This will allow the applicant to start the lesson from home or school and in their hometown, to practice driving in the areas that they are familiar. Choosing a Driver Education Provider for a child is a crucial decision and this company supplies the highest quality and service available in the industry. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator prior to debt service. The assets of this business transaction consist of a fully equipped driving school with an estimated value of
approximately $125,000, which is based on the replacement cost, includes five vehicles, state licenses,
accounting system, tables, computers, software, state licenses, phone system, website, including all the
necessary equipment to maintain the day-to-day business operation and a list of assets will be supplied to
purchaser upon request.