Driver Education School-Recognized and Profitable

Financial & Assets Details

About the Business

Business Description

Recognized and established driving school located in Lake County, Illinois being sold with 3 Kia Soll vehicles with a combined blue book value of $29,000. The business is being sold with all FF&E including a teaching system valued at $4,000 and classroom equipment including desks and televisions. The business currently employs 4 instructors and offers several service packages to students including high school students, adult behind the wheel packages and senior behind the wheel packages for persons aged 55 and above. Hours of operation are Monday thru Thursday 3 to 6 pm and Friday from 1 to 4 pm. This is a great expansion opportunity for an existing driver education firm or for a licensed instructor that wants to be their own boss. Net profit for 2017 was $68,238.

Growth & Expansion

Increase territory by hiring additional instructors.

Seller Financing

Seller financing may be considered for a qualified buyer only.

Market Competition:

This business draws students from several local high schools and surrounding communities and is a perfect expansion opportunity for an existing driver education school. This business is very territorial with minimal competition within this defined area in Lake County.

Location Details:

Lake County, Illinois

Support & Training

Owner is willing to train and insure smooth transition for an agreed length of time.

Reason for Selling:

Retirement