| Overview |
Internet Business Opportunity – Texas Driving School Online
Internet Business Guide Listing #7786 |
| Status: |
Off Market |
| Business Type: |
NAICS 516110 |
| Business Category: |
Publisher |
| Business Name: |
NDA |
| Business Web Site: |
NDA |
| Asking Price: |
$500,000 |
| Down Payment: |
$ Negotiable |
| Gross Sales: |
$ Not Disclosed |
| Cash Flow (or SDE): |
$ Not Disclosed |
| Asking Price As Multiple of Cash Flow |
n/a |
| Year Established: |
2005 |
| FF&E: |
$ N/A |
| Inventory: |
$ N/A |
| Employees: |
1 |
| Absentee Owner: |
No |
|
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| Business Summary |
Thes owner of this Internet Business Opportunity is selling a fully functional online/web based Texas Education Agency (TEA) certified driver improvement training program for traffic ticket dismissal and insurance reduction. The license allows for class room courses as well. The owner is selling the course as he has very little time, or the necessary funds, to properly market the course necessary to expand sales of this Internet Business Opportunity. The owner of this Internet Business Opportunity has spent very little money to market the course. The course is currently priced at $25/student (the lowest allowed by the state) whereas a certain competitor has a course priced at $39/student and is realizing 3,000-5,000 students per month; this course is currently realizing less than 200 students per month. The owner built the course with a focus on high quality audio and video production; in fact, there is full audio on each page of the course, which is unique to other courses in the industry.
Currently, the first line of tech support for this Internet Business Opportunity is outsourced, with second level covered by a part time/on call employee. The new owner could easily take over the functions performed by the part time/on call employee, or continue working with that individual.
Internet Business Opportunity Assets: 1) Texas Education Agency (TEA) certified driver improvement training program for traffic ticket dismissal and insurance reduction. 2) Online/web-based course approved and operational. 3) Learning Management System which is the online software where the course materials reside is currently leased from a third party for 10% of gross revenues.The owner does not maintain a business office. This Internet Business Opportunity is set-up perfectly for someone to come in and take it to the next level.
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Facilities: Internet Home Business Opportunity
Competition: Full audio on each page which sets it apart from its competition. Very high quality production video which sets it apart from its competition. Only course endorsed by the Independent Insurance Agents of Houston/ Texas. Note that it is a difficult process to become licensed and then have an online course approved, and is extremely costly to produce an online course with the quality of sound and video production that is contained in this course.
Growth: The owner has spent very little money to market the course. The course is currently priced at $25/student (the lowest allowed by the state) whereas a certain competitor has a course priced at $39/student and is realizing 3,000-5,000 students per month; this course is currently realizing less than 200 students per month.
Financing: Negotiable
Training: Owner will work with buyer as paid consultant to transfer knowledge of operating the course.
Reason Selling: Owner does not have the time or funds to properly market the course.
Listed By: The Fountainhead Firm
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