Available

Price: $575,000

Location: Cook County

Industry: Service

Listing ID: 1S120

Motorcycle Training & Licensing Business for Sale in Illinois

Listing Details

Total Sales: $365,387

SDE: $161,555

Cash Flow: $161,555

FFE: $50,000 (Included in Price)

Inventory: $5,000

Real Estate: $225,000 (Included in Price)

Reason For Sale:

Relocation

Training & Support:

Training will be provided for a term and scope as agreed during the purchase process.

Operation

Year Established: 2004

Employees: 12

Managers: 1

Absentee Owner?: Yes

Location

Type of Location: Mixed use

Facilities Information:

An owned office space, customer service area, and teaching facility is included in the building for sale as a part of this transaction.

Summary

Historical Summary:

This business increased revenue in 2020 by more than 25%, with demand remaining constant throughout 2020, even during these difficult times. This business teaches an essential skill set that a huge percentage of the population wants to learn. The company is fun and has been fun since day one. Students seek out this skill and use the skill in their daily lives. This business is the source for achieving quality training and licensing preparation and conducting licensing tests for the many thousands of students who perform their licensing requirements onsite. This business has its own office location and may, when necessary, utilize additional space for various instruction or testing purposes. The business entity portion and real estate (real property) portion of the sale are both included in the sale price of 575k.

This business can be run actively by an owner, increasing owner cash flow even further, or semi-absentee and possibly completely absentee.

Potential Growth:

The 2020 year showed significant growth and an ever-increasing interest in this service. This is an essential and required skill if engaging in these very routine daily activities for some and in an appropriate and safe manner.