San Bernardino County
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Listing Number: 140-20988
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Category: Education
| Asking Price | $250,000 |
| Down Payment | |
| Gross Revenue | $700,000 |
| Total Adjusted Net Income | $143,677 |
| Equipment / Fixtures | $46,000 |
| Year Established | 1996 |
| General Location | San Bernardino County |
James Shin
- Cell: (206) 590-1792
- License #: 01421813
- Cell: (206) 590-1792
- License #: 01421813
Essential Business - SBA Loan Pre-Qualified. Long-time established driving school and traffic school provides steady revenue with lots of growth potential. New California legislation is forcing other school to close their doors. This is increasing the opportunities for businesses with physical facilities like this one. This business acquisition includes everything you need to continue being successful plus the blueprint for improving sales. The seller is retiring due to health, but has agreed to provide more training than what is customary. This is a great opportunity for anyone wanting to run their own business. Seller is willing to offer financing for qualified buyers. This business qualifies for E2 Visa buyers as well.
| Gross Revenue | $700,000 | Listed Price | $250,000 |
| Total Income | $143,677 | Down Payment |
| Base Rent | $4,650 | Square Feet | 3100 |
| Total Rent | $4,700 | Lease Expiration | |
| Rent Deposit | $4,700 | Lease Options |
| Inventory | $40,000 | Leasehold Improvements | $0 |
| Equipment / Fixtures | $46,000 | Other Assets |
| Full-Time Employees | Training Period | 60 days | |
| Part-Time Employees | 12 | Special License Required | CA Driver training certificate |
| Contract Staff | Reason for Selling | Health / Retiring |
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.