Growing Driving School with 9 Locations!

Listing Number: 75571-930466

Description

This Driving School, established in 2008, has shown consistent revenue and positive growth. It distinguished itself by being one of only four schools in Maryland to gain approval to offer the "Young Driver Improvement Program" when the program began in 2009. The largest and most reputable driving school on the Eastern Shore of Maryland, it includes all FF&E with 13 vehicles, 9 locations,and 14 instructors . Efficiently serving four counties and providing thousands of students with the best driver education available. Focused on teaching students the safest and most current driving techniques, Drive On Time has become the premier driving school on the shore holding over 50% market share. Continued expansion to surrounding areas gives a new owner plenty of room for even more growth potential.

Listing Details

  • Price: $300,000
  • Down Payment: $50,000
  • Sellers Discretionary Earnings: $90,000
  • Total Sales: $466,204
  • Location: Wicomico County, Maryland

  • Inventory: $0
  • FF&E: $0
  • Employees: 16
  • Year Established: 2008
  • Reason for Selling: Owner to dedicate himself to another business.
  • Category: Educational/School
Growing Driving School with 9 Locations!

Business Listed By:

Tracy Peterson