Helicopter Flight School & Maintenance Company in Northeast USA (East of IN, north of NC)

Price: $1,340,000

Location: Augusta, Maine

Industry: Non-classifiable Establishments

Listing ID: CM92823

***Confidential Listing.  Not in the indicated location.***

This turnkey helicopter company includes a both a Part 61 and a Part 141 Flight School with 3 CFIs.

The company also has helicopter sales and service and is an approved dealer and service center for a very well-known helicopter manufacturer.

They also provide sightseeing and tourism flights at many fairs around the region.  This not only creates additional income for the business, but gets people interested in learning to fly.

The service center performs 100-hour inspections, annuals, 12-year inspections, 2200 / 4400-hour overhauls, pre-purchase inspections, STCs and a ferry service if you can’t get your helicopter to them conveniently.  They can also come to the customer’s location to perform service there.

Their clients love them, as evidenced by 4.9/5 stars on both Facebook and Groupon.

If you’re looking for a business and love flying helicopters, this might be the business for you!

Financials

Asking Price: $1.34M

Gross Revenue: $856,315

Cash Flow: $538,695

FF&E: $700,000 +/- (Helicopters – not included in the sale price)

Inventory: $100,000+/- (not included in the sale price)

Real Estate: Leased at $3,250/month

Year Established: 2002

Employees:  2 FT, 1 PT (plus seller)

Payroll: $ 332,000 / year (seasonal)

Listing Details

Operation

Location