Company is a well-established motorcycle operator training school (state certified and contracted) with 9 convenient locations in north and west Texas, using state supplied course materials and state approved instructors (“Rider Coaches”). The school teaches motorcycle safety to both new and experienced riders. These courses are required for new riders to get their license or have a ticket to be dismissed. Courses include Basic Rider, Basic Rider 2, Intermediate Riding Clinic, Basic Bike Bonding Rider and Ultimate Bike Bonding Rider. Courses are typically 5--15 hours including classroom, on-cycle and evaluation. The owner has automated many functions including website, registrations, state submittals and maintenance records via an industry-leading service. The owner does NOT need to teach courses or ride motorcycles; the owner manages the business.
The company started in March 2013 and has been constantly expanding. They have added three new locations in the second quarter of 2016. Sales are growing and the business is scalable. The owner acts as overall manager handling recruiting (enrollment) calls and has ~15 contract staff who teach and operate the business at each location. Locations include Dallas Fort Worth Metroplex and West Texas.
The business has been growing rapidly. It is very scalable and a new, energetic owner can significantly increase sales and profits.
The asking price for the assets of the business is $200,000 All-Cash Or $300,000 with $100,000 down and $200,000 seller-financed to a purchaser (qualified/approved by Seller) for 5 years @ 6% interest (approximate monthly payments $3,866.56). All seller financing to be personally guaranteed. The assets include FFE (Motorcycles, trailers and other equipment) valued at $85,000 plus website and URL’s valued at $10,000. Purchaser will need to assume responsibility for state-owned motorcycles plus accessories.

Posted Jul 20, 2016

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