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DRIVING SCHOOL - HOUSTON METRO AREA


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This school provides adult and teen driving lessons on line & in person classes with the commitment to developing safe, confident, and engaged drivers.  The company's training staff have many hours of road and classroom training experience.  All staff members are Drug and Alcohol Certified and have the Texas Department of Public Safety Tester License.  Drivers education is required in the State of Texas for anyone under the age of 25 years old.  The company's teen program is for students 15 to 18 years old.  They have several teen packages ranging in price from $515 to $575, and a Teen DPS Prep Lesson for $225 that includes parallel parking, clearing tectonics, lane placement and DPS Road Test.  Adult training programs packages range from $320 to $390.  The company also offers the 6 h0ur Traffic School a.k.a. Defensive Driving online program approved and accepted by All Texas Courts



Listed By: Jeffrey Jones

Background information

Reference:

82507

Year established:

2017

Reason selling:

Retirement

Finance

Sales:

$319,061

Profits:

$71,732

Profit type:

Discretionary Earnings

Operations

Employees:

6 part-time

Equipment:

Office and classroom furniture and 4 vehicles.

Inventory:

None

Premises

Facility:

The facility has offices and and a large training room.

Square footage:

1,800

Rent and lease terms:

$1,866.66 P/M. The lease is currently month to month and the landlord plans to remodeling building. The owner of this business is now considering either taking space in the new building or moving to a nearby location.

Location:

The business is located on the West side of the Houston Metro area.

Price and terms

Price:

$150,000

Down payment:

$60,000

Financing:

$60,000 cash down and Seller Note for $90,000 payable over 5 years at 6% interest = $1,739.95 P/M.

Training:

As needed

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