Listing Number: 45783-660342
This business is a state registered business that provides Vehicle Titling and Registrations, Driver Licenses, State ID Services and Notary Service.
The store is hardwired directly into the Department of Motor Vehicles computer system which allows the business to issue products related to driver's licenses, registration, license plates and titles instantly over the counter eliminating or shortening the wait time of mailing in the applications to the DMV for processing. To maintain the privileges of offering these services for the State the employees are trained regularly on the PennDot regulations and standards as well as having the ability to process the work without errors and must pass background checks annually. Most of the employees have been with the firm for 10 years or more and are highly qualified, knowledgeable and professional.
What makes this business even more interesting is PennDOT is contractually required to refer its customers to the closest location that provides services that PennDOT doesn't provide itself. The owner has brilliantly set up his business as close to PennDot as possible.
Besides the services currently offered there are many others that could be offered given the agreement with the state. Services such as issuing apportioned plates for tractor trailers given the business the opportunity to partner with tractor trailer companies to expedite their plate issuance.
This business is highly reputable and respected and has proven itself to be one of the top PennDOT authorized agencies in the State. With all this business provides, plus the endless opportunities its relationship with the state offers, the business will continue to grow and prosper for years to come.
- Price: $230,000
- Down Payment: $230,000
- Sellers Discretionary Earnings: $0
- Total Sales: $0
- Location: Bucks County, Pennsylvania
- Inventory: $0
- FF&E: $0
- Year Established: 20
- Reason for Selling: Retiring
- Category: Automotive