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Cdl Driver Training With Dmv Third Party Testing For Sale

Kansas City, Iowa, US
Asking Price:
$3,750,000 Furniture / Fixtures included
Sales Revenue:
$1,774,457
Cash Flow:
$877,942

For over 20 years this niche business has been educating students
to get their CDL with driver training classes. They have both
classroom and active driver training using their 16 Semis. They are
also accredited through the DMV as an official 3rd party CDL testing
site with a truck driver. Throughout North America, this post high
school career path brings students that are 70% from the Midwest
states and 30% from across the US. They have a location in
Nebraska, strategically located on the I-80 which is the most
travelled US interstate for coast-to-coast hauling. The purchase
price includes a fleet of 16 Tractor Trailer Semis, buildout
classrooms, a full curriculum, plus a full class schedule as truck
drivers remain in high demand throughout North America.
Additionally, the owner is offering 10% financing plus a 2-year
training period to ensure a smooth and successful transition. A
tangible growth strategy is to add additional community colleges to
their referral partners. After becoming licensed through their
program, a driver can now earn $80,000/year for only a $4,000
investment into their tuition.
Priced at $3,750,000, a 10% down payment of $375,000 returns
$379,730 in the first year after debt payments. The owner has
offered to carry 10% of the purchase price in order to show their
vested interest in the continued success of the business moving
forward. Many individuals who pursue CDL training may need to
travel to Kearney, Nebraska, to attend the program; by providing onsite accommodations or partnering with local lodging
establishments, they can offer convenience and comfort to out-oftown students. Additionally, having a restaurant space can provide
meals and refreshments during training sessions, further enhancing
the overall experience for students.

Property Information

Location:

Omaha, Nebraska – Conveniently located in the
middle of the US; along I-80 which is the most travelled
US interstate for Semi’s.

Business Operation

Expansion Potential:

Open other locations especially
near more community colleges. Add trainers to increase
capacity. Incorporating lodging and/or a restaurant space
for students coming from out of town. Add national
marketing.

Reasons for selling:

Planning for retirement

Employees:
5
Years established:
2011

Other Information

Support & training:

1-2 years

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

10% Buyer Down Payment $375,000
10% Seller Financing $375,000
80% Bank Loan $3,000,000

Furniture / Fixtures value:
$381,825 - included in the asking price
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