MergerPlace

National Driver Training Business

Ontario


  • Asking Price: $950,000
  • Gross Income: $689,007
  • Cash Flow: $233,284
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $48,645
  • Listing ID: #205304
  • Established: 2000
  • Employees: 2 PT

Business Description

This highly successful driver training business has been operating nationally in Canada since 2000. The program includes e-learning modules and behind-the-wheel education. The company has enjoyed significant repeated business from a number of large corporations that have significant vehicle fleets ranging from 100-1,000 vehicles. These firms want their employee / drivers to have the best skills available to support their driving commitment through new and refresher programs.
The business operates from a rented office facility and could be relocated utilizing its toll free national contact number. The business uses sub-contractors to conduct the scheduled instruction programs. A number of target markets exist for this instruction curriculum. The owners work 3 days / week each for a total of 24 hours / week.


Business Details

Primary Business Category: Services - Educational
Location: Ontario

Company Information

Year Established: 2000
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 2 PT

Financial Information

Asking Price: $950,000
Gross Revenue: $689,007
Cash Flow: $233,284
FF&E: $48,645
Seller Financing Available: No

Property Information

Facilities:

One national rented office could be retained or relocated to closer proximity with the purchaser of the business.

Growth & expansion opportunities:

Solid Growth Potential to connect with more corporate and individual customers, expand the instruction modules, connect with automobile associations and governments across Canada. Alignment with a similar service provided in the USA could be possible.

Competition:

A handful of competitors exist in the field each with their specific target markets.

Reason for selling:

Owners Retiring.

Support & Training:

Will train for 6 weeks @ no cost. The ideal purchaser would be a company operating in a related business such as fleet management, driver training, driver & traffic education or automotive related services to corporations or large fleets.

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Business Listed By:

Gordon Schofield

Murphy Business Brokers