Business Overview

** Confidential Listing, not in indicated zip code **
This well-established and nicely renovated FBO features:

Flight school with Redbird Simulator and CATS testing
Comfortable passenger waiting area
Hangar Storage and tie-downs
Branded 100LL and Jet-A with or without Prist
Aircraft rentals with a fleet of 4 to choose from
A&P Shop for maintenance and repair
Car rental partnership with Enterprise and Hertz
Corporate flight services – Catering, GPU, de-ice, lavatory service, quick-turnaround

This FBO enjoys a strong working relationship with the municipality that owns the land, as well as an attractive lease. There are no fuel competitors at this location.

** Confidential Listing, not in indicated zip code **

Financial

  • Asking Price: $324,000
  • Cash Flow: $269,468
  • Gross Revenue: $957,251
  • EBITDA: N/A
  • FF&E: $876,000
  • Inventory: $5,000
  • 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:3
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Real Estate not included in purchase price. 4 aircraft not included in purchase price. Fuel not included in purchase price.

Purpose For Selling:

Other Opportunities

Opportunities and Growth:

Add Part 135 on-demand air charter service. Build additional hangars for increased storage and/or expanding the maintenance shop. Add a multi-engine and/or jet aircraft to the flight school to expand the ratings offered.

Additional Info

The transaction does include inventory valued at $5,000, which is included in the suggested price.

Why is the Current Owner Selling The Business?

There are all kinds of reasons why individuals resolve to sell companies. However, the real reason and the one they say to you may be 2 totally different things. As an example, they may claim "I have way too many other obligations" or "I am retiring". For numerous sellers, these factors are valid. But, for some, these might just be reasons to attempt to conceal the reality of altering demographics, increased competition, recent decrease in incomes, or a range of various other factors. This is why it is really important that you not rely completely on a seller's word, yet rather, make use of the seller's answer along with your overall due diligence. This will repaint a much more reasonable image of the business's present scenario.

Existing Debts and Future Obligations

If the current business is in debt, which numerous businesses are, then you will have reason to consider this when valuating/preparing your offer. Numerous companies finance loans so as to cover points like supplies, payroll, accounts payable, and so on. Keep in mind that in some cases this can imply that earnings margins are too thin. Numerous businesses fall under a revolving door of taking loans as a way to pay back 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 agreements with suppliers that should be satisfied or might result in fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do operating businesses in the area draw in brand-new customers? Many times, companies have repeat customers, which form the core of their day-to-day profits. Certain elements such as brand-new competitors growing up around the area, roadway construction, and also personnel turnover can influence repeat consumers and also adversely impact future revenues. One important point to take into consideration is the area of the business. Is it in an extremely trafficked shopping center, or is it concealed from the highway? Undoubtedly, the more individuals that see the business regularly, the greater the possibility to develop a returning client base. A final thought is the basic area demographics. Is the business situated in a largely inhabited city, or is it situated on the outskirts of town? Exactly how might the neighborhood median household earnings effect future income prospects?