BUSINESS FOR SALE: Driving School
Surrey, BC
Business not suitable as a passive investment | full-time owner-operator required
Estimated Down Payment Required: $50,000
No direct industry experience required to own this business.
Asking Price: $195,000
Seller willing to accept 90% paid at closing, and 10% paid in 5 years to qualify for BDC loan
Assets included: Vehicles & Classroom materials
No liabilities ($) assumed by new owner
Business includes 100% of any pre-paid customers (est. $100,000 to $150,000 cash included)
* Owners willing to properly train the new owner (up to 2 months full-time, included in sale price)
REVENUE – 2022
$824,746
PROFIT – 2022
$140,329
• Recession-proof Industry
• 10+ Years in Business
• Steady referrals
• Great staff
• No bad debt
• No major capital expenditures required
• Good gross margins
• High barriers for new competitors
Serious inquiries only. | Signed NDA required.