(Sold) Air Charter Company with Flight School, FBO, A&P/MRO and Aircraft Rentals in Northeast USA
Price: $2,500,000
Location: Northeast USA
Industry: Transportation and Storage
Listing ID: 1162020
This is a one-of-a-kind opportunity because this company does it all!
Founded in 1946, this award-winning aviation company enjoys a sterling reputation in the industry. With 74 continuous years of operation, there is a solid and loyal customer base and a broad stream of revenues that support this incredible business.
Services include:
- Private Air Charter, serving the eastern US and Canada under FAA Part 135.
- Complete Flight Training under FAA Part 141
- PSI Computer testing center for both FAA & FCC exams
- Aircraft rentals, inspection, maintenance and repair with FAA-licensed A&P mechanics.
- Line and Landing services – fueling (Jet-A and 100LL), pilot’s lounge
For more information please contact Charlie MacPherson, Business Broker with Inbar Group, Inc. via cmacpherson@inbargroup.com or 207-352-1000.
• Asking Price: $2,500,000
• Assets: Fleet of 18 Aircraft, Inventory, Buildings – not included in purchase price.
• Annual Cash Flow: $550,000
• Gross Revenue: $3.1M
• Inventory at Cost: $600,000
• Employees: 30
• Monthly Rent: $2,677
• Payroll: $768K Annually
• Open 7 Days, 7 AM – 7 PM.
• Building Size: 55,000+ sf total
• Established:1946
• Reason for Selling: Retirement
Listing Details
Gross Revenue: $3,100,000
Cash Flow: $550,000
Inventory: $600,000
Reason For Sale:
Owner is seeking retirement.
Training & Support:
Owner will provide training and support.
Operation
Year Established: 1946
Days & Hours of Operation: Open 7 Days, 7 AM – 7 PM
Employees: 30
Location
Monthly Rent: 2677
Type of Location: Commercial Building
Square Footage: 55000
Summary
Historical Summary:
Founded in 1946, this award-winning aviation company enjoys a sterling reputation in the industry. With 74 continuous years of operation, there is a solid and loyal customer base and a broad stream of revenues that support this incredible business.
Potential Growth:
Plenty of room for potential growth.