Asking Price: $2,875,000

Gross Revenue: $3,570,000

Cash Flow: $900,000

Cash Flow Comments: AFTER ALL EXPENSES

Inventory: $450,000 (Included in Asking Price)

FF&E: $50,000 (Included in Asking Price)

Seller Financing: owner is very confident of numbers and is willing to be creative with the financing but do not waste your time if you don't have 1200000 to put down as key money

Driving school currently has 4 locations with gross sales of $3,500,000.plus it has receivables of around 400,000 the business is growing every day with very strong foundation.owner will train and also give all contracts,and venders contracts include Verizon 3 government programs, 10000 students each year from drivers education.Business needs the right buyer that has computer background and a customer service oriented person. Expansion possibilities to expand in other area's of five boroughs. plus foundation is strong for big corporate accounts.

Year Established: 1992

Employees: 80 full time - 30 part time

Facilities: We have 4 locations, 3 in Staten Island and 1 in Brooklyn. Included with purchase is 90 Toyota Corollas, 5big rig trailer and 5 school buses.

Market Outlook and Competition: The driving school has 70% of the market place. The business already has a tremendous foundation with 3 existing government contracts and a new Verizon contract generating 750k gross revenues.

Management Training and Support: SELLER WILL STAY ON FOR 3 YEARS FOR TRAINING AND FOR A SALARY TO HELP EXPAND THE BUSINESS.

Reason For Selling: OWNER WANTS TO ENJOY MORE TIME WITH HIS FAMILY