Highly reputable commercial driving school with over 20 years in the business. The company primarily offers training to students seeking a commercial driving certification. The owner developed proprietary training materials that are highly valued by governments and major carriers that ensure the company maintains a 100% graduation rate. Company benefiting from regulatory tailwind mandating lessons for commercial drivers and experienced 41% growth YOY in 2023. Other services offered include defensive driving courses and continuing education for commercial drivers. There is a 3-month waiting list to enroll.
Investment Highlights:
Highly reputable commercial driving school with over 20 years in the business. The company primarily offers training to students seeking a commercial driving certification. The owner developed proprietary training materials that are highly valued by governments and major carriers that ensure the company maintains a 100% graduation rate. Company benefiting from regulatory tailwind mandating lessons for commercial drivers and experienced 41% growth YOY in 2023. Other services offered include defensive driving courses and continuing education for commercial drivers. There is a 3-month waiting list to enroll.
Investment Highlights:
2023: $705K revenue @ 41% growth; $182K SDE
Copyrighted proprietary training materials to ensure perfect graduation rate, which can be licensed to other schools as a new revenue stream.
Federal regulations and state grants produce more demand than capacity, which a new owner can capitalize on long-term agreements with 3 major fleets in the region.
Multiple growth levers from opening additional branches in other geographic regions, expansion of services, such as offering ELD and hazmat classes, scaling operations before needed capex investment.
Equipment & Vehicles include 8 semi-tractors, 5 trailers, belly dump, Ford 555, and simulator.
