Listing ID: 70127

Business Overview

One of the leading Commercial Helicopter Tour & Charter Companies in the United States, Headquartered and operating in the State of Hawaii. The company has a 20+ year history as one of the most successful helicopter companies in the world. The company has well diversified revenue streams providing a stable business model through economic cycles.

Interested organizations must execute a strict NDA, as well as provide proof of funds (funding) and Buyers Financials as well. This is a niche and very private and unique opportunity to acquire a very successful company in a dream location.

Financial

  • Asking Price: $20,000,000
  • Cash Flow: N/A
  • Gross Revenue: $11,500,000
  • EBITDA: $5,000,000
  • FF&E: N/A
  • Inventory: $14,000,000
  • Inventory Included: Yes
  • Established: N/A

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:71
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Multiple locations throughout the State of Hawaii

Is Support & Training Included:

CEO / Owner will remain available for transition and training for 12 months.

Purpose For Selling:

Owners are retiring

Pros and Cons:

Pro's - Excellent Cash Flow in a booming industry with high barriers to entry. Con's - Seasonal and subject to Government regulation and oversight.

Opportunities and Growth:

Excellent expansion possibilities for Tours and Charters on two additional Islands in the State of Hawaii. Additional growth on the US Mainland.

Additional Info

The transaction will include inventory valued at $14,000,000, which is included in the requested price.

The business has 71 employees and resides in a building with estimated square footage of N/A sq ft.
The property is leased by the business for $0.00

Why is the Current Owner Selling The Business?

There are all sorts of reasons individuals choose to sell companies. Nevertheless, the true reason vs the one they say to you may be 2 absolutely different things. For instance, they may say "I have a lot of various responsibilities" or "I am retiring". For lots of sellers, these factors stand. But, for some, these may just be reasons to try to conceal the reality of changing demographics, increased competitors, current reduction in incomes, or a range of other reasons. This is why it is very crucial that you not count absolutely on a vendor's word, but rather, use the vendor's solution along with your overall due diligence. This will repaint a much more realistic image of the business's current situation.

Existing Debts and Future Obligations

If the existing entity is in debt, which many businesses are, then you will certainly need to consider this when valuating/preparing your deal. Numerous companies finance loans so as to cover items like inventory, payroll, accounts payable, so on and so forth. Keep in mind that sometimes this can imply that revenue margins are too thin. Many organisations fall into a revolving door of taking loans as a way to pay back various other loans. Along with 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 vendors that have to be fulfilled or may lead to penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the area bring in new clients? Many times, operating businesses have repeat customers, which create the core of their everyday profits. Certain factors such as new competition growing up around the area, roadway construction, as well as employee turnover can influence repeat customers as well as negatively affect future revenues. One crucial point to consider is the placement of the business. Is it in a very trafficked shopping center, or is it hidden from the highway? Certainly, the more individuals that see the business regularly, the greater the chance to build a returning client base. A final idea is the general location demographics. Is the business located in a largely inhabited city, or is it located on the edge of town? Just how might the local average family income influence future revenue prospects?