Asking Price: $ 950,000
Type of Business: State Certified Truck Driving School
Location: Orange County
Hours of Operation: Mon – Friday. Some Saturdays as needed by appointment
Gross Sales: $ 779,949.07 per 2017 P & L.
Adjusted Net Profit: $ 409,218.09 annually per 2017 P & L.
Total Rent: $ 3525 – office & 2 yards for trucks & training
NNN: $ 300
Length of Lease: 5 years
Sq. Ft. 3000
Occupancy: 18 students in the classroom
Number of Employees:
Full time: 5 +1 Part time: 1
Payroll: $ 1502 / mo. for the PT
Insurance: $ 3305, W.C, auto, liability ins.
Gas: $ 8915 all utilities combined
Electric: $ included
Water: $ included
Phone: $ 910/ mo.
Trash: $ included
Internet and TV: 930 / mo
Cost of goods: N/A
Extremely rare Commercial Truck driving certification school. DMV certified! They teach students to drive all type of commercial driving licenses, Class A Truck, Class A/B Truck, Class B Truck, Class B Passenger, Class C Truck. 15 contracts with DMV ( they train & certify the DMV’s commercial test givers), Goodyear, Veterans Administration, local cities, water companies, law enforcement & many more. BPPE certified & is on their approved vendor list for educational facilities. Extremely well known, has a class room on site , several off site driving facilities. The company also offers assistance for vets to obtain training, offers free job placement for life & has many major trucking companies call them for drivers. This is a well set up, thought out business that may be scalable anywhere in CA. There is a bill on the next election, that if past will require all other schools to become certified, which takes a lot of time, effort & cost. So in January many other schools may close, which means increased student load here! Lots of info to digest, but most licenses are in the LLC name, so transfer of managing member is preferred to expedite sale process. Very Discreet- by appointment only. Lots more info available.
SELLER WILL CARRY UP TO 50% FOR QUALIFIED BUYER.
Call for more details.