Listing ID: 64353
This firm, located in the Alabama/Georgia area, is a Limited FAA Part 145 Repair Station, Airframe and Engine. The business is located in an efficiently designed hangar facility of approximately 9,000 square feet on a busy airport. Rent is most reasonable at under $2,000 per month.
This well-established shop has been serving the aviation community since 2014 and has earned a sterling reputation for customer service. It is available now only due to the retirement of the owner.
The superbly equipped business has over $180,000 in shop equipment (valued at used
replacement value) including all tools and equipment needed to efficiently handle small single engine airplanes to much larger aircraft.
There are currently 3 full-time employees, one part-time, one intern, and the owner.
This situation offers an excellent opportunity to enter the rapidly growing aviation maintenance market with a turnkey operation. Consider the advantages of investing in this business:
– A baseline of repeat customers is already established.
– Vendor relationships are in place.
– FAA certifications have been obtained.
– The reputation of the business is exemplary.
– Opportunities for expansion are available both geographically and with additional
services in the current location.
– And perhaps most importantly, the earnings of the business are excellent with the new owner experiencing positive cash flow from day one.
If interested, please contact William Bruce promptly, as an opportunity of this caliber will not be on the market for long. A confidentiality agreement and initial financial qualifications are required. Email inquiries are preferred, but if you had rather call, the direct line to William Bruce is (251) 990-5934. We look forward to showing you this unique business.
- Asking Price: $575,000
- Cash Flow: $103,887
- Gross Revenue: $683,043
- EBITDA: N/A
- FF&E: $185,000
- Inventory: $96,385
- Inventory Included: Yes
- Established: N/A
The deal does include inventory valued at $96,385, which is included in the listing price.
The property is leased by the business for $0.00
Why is the Current Owner Selling The Business?
There are all types of reasons why people choose to sell companies. Nonetheless, the real factor vs the one they say to you might be 2 entirely different things. For instance, they might claim "I have way too many various responsibilities" or "I am retiring". For numerous sellers, these factors stand. However, for some, these might just be justifications to try to hide the reality of altering demographics, increased competitors, recent reduction in profits, or a variety of other reasons. This is why it is really crucial that you not rely entirely on a seller's word, yet rather, make use of the vendor's answer in conjunction with your total due diligence. This will paint a much more sensible image of the business's current situation.
Existing Debts and Future Obligations
If the existing entity is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Lots of businesses finance loans in order to cover items such as stock, payroll, accounts payable, etc. Keep in mind that in some cases this can mean that revenue margins are too small. Many businesses come under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may also be future commitments to consider. There may be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with suppliers that need to be met or might lead to penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do companies in the location draw in new consumers? Often times, operating businesses have repeat clients, which create the core of their daily revenues. Certain elements such as brand-new competitors growing up around the location, roadway building, and personnel turn over can influence repeat clients and also adversely influence future revenues. One crucial point to think about is the location of the business. Is it in an extremely trafficked shopping center, or is it hidden from the highway? Certainly, the more individuals that see the business often, the higher the possibility to develop a returning client base. A last thought is the general area demographics. Is the business located in a densely populated city, or is it situated on the edge of town? Exactly how might the regional average house income effect future earnings potential?