Aircraft Maintenance & Service — Est. 40+ years

Price: $650,000

Location: Long Island, New York

Industry: Non-classifiable Establishments

Listing ID: 61519

This business has been a leader in aircraft inspection, repair, modifications, recovery, and restorations for single and twin engine aircrafts for over 45 years. The business is a full service facility that provides airframe and engine work including inspections, repairs (major & minor sheet metal, windows/windshield replacement), and minor painting jobs. The company has an aircraft service shop located on the runways within an important airport that is always stocked with an extensive inventory of parts including oil coolers, cylinders, alternators, starters, etc. The maintenance staff provides a diverse set of services such as top overhauls and engine changes. The company is a Certified Installation Center for AM-SAFE inflatable seat belts and all mechanics are licensed by the Federal Aviation Administration.

Gross Revenue: $740,000

Cash Flow: $250,000

FFE: $100,000 (Included in price)

Inventory: $250,000

Reason for Sale:

Seller is retiring.

Training & Support:

Seller will personally train new owner.

Year Established: 1971

Days & Hours of Operation: 5 days

Non-Owner Payroll: $4,500

Employees: 5 Full Time, 2 Part Time

Monthly Rent: $ 6,500

Square Footage: 10000

Financing/Terms:

Available.