Sold. Leading Driver Training Company

This business for sale is a leading provider of Classroom, In-vehicle, and Online driver training and instructor training programs related to autos, motorcycles, and heavy trucks. This Company’s research-based driver safety training caters to beginners, advanced, professional and corporate fleet drivers. Its team of dedicated professionals delivers safety solutions that manage risk, save lives, and decrease costs. All the Company’s programs are designed by industry experts. This Company maintains a comprehensive website that provides a wealth of information about its history, product line, and professional services.

Expansion Potential
Management envisions the following opportunities for growth:
Product Line Expansion – The Company continues to investigate new products and services in order to increase sales volume. The Internet and the approval of demerit reduction for successful completion of specific courses offer outstanding opportunities to grow the company.
Increased Marketing Efforts – The Company’s heretofore modest sales and marketing efforts provide an excellent opportunity for new ownership to accelerate growth over a very short period. According to management, investment in and development of a marketing program and expansion of the Company’s sales force would immediately accelerate sales growth beyond the levels presented herein. This is especially true in regard to online courses.
Geographic Expansion - There is clearly significant opportunity for increased sales initiatives in the United States, Mexico and Canada. Management has indicated that even limited geographic expansion would grow sales exponentially.

Market / Competition / Non-Competition Agreements
The Company is well positioned to capitalize on the excellent prospects forecast for its industry in the years ahead. Management expects to leverage its highly regarded industry reputation and strong operations infrastructure to enhance and expand its already significant position within its operating space.

Revenue for fiscal year end August 2012 is forecast at $2.50 million, up 15 percent from FYE 2011 results. Corresponding EBITDA is forecast at $355,000. Year-over-year growth in top-line sales is forecast at +10 percent over the next five years. This positive outlook is supported by strong conversations between management and its largest customers.