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Connecticut Business For Sale |
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| STEADILY GROWING BROKER OF PRIVATE AIR TRANSPORT |
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| Attn: Mickie Bernard |
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| not disclosed, CT, USA |
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| Asking Price: |
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Not Available |
| Business for Sale Industry: |
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Services: Travel, Transportation |
Year Established: |
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2003 |
| # of Employees: |
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4 |
| Yearly Revenues: |
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$18,440,000 |
| Yearly EBITDA: |
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$641,000 |
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Business for Sale Overview:
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The March Group, LLC currently represents one of the largest and fastest growing brokers of high-end jet charter service. Over its five year operating history, the Company has built a worldwide network of charter operators, numbering over 4,000 aircraft and serving over 5,000 airports around the globe. Offers personalized and comprehensive travel management services to a host of clients, with corporations, celebrities and athletes, and high net worth individuals contributing nearly equal shares of revenue. Posted revenues of $18.44 million in 2007, with corresponding EBITDA of $641,000. Consistent growth since inception, including a Compound Annual Growth Rate of 28.8% between 2005 and 2007. A virtually limitless geographic market place, given the worldwide network of charter operators and airports that the firm can count on. Fully compliant with local, state and national EPA guidelines, the Company also guarantees that all aircraft supplied are in compliance with FAA regulations. Given the Company’s outstanding reputation and proven capabilities within a relatively untapped and growing market, the firm could likely see immediate growth in revenue and profitability with additional sales force. A well-capitalized investor could aid the firm in achieving a higher credit line for flight financing, which is the key to accelerated growth.
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Property Features and Assets:
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The Company operates from two leased facilities, offices of 1,100 and 500 square feet, respectively. The firm is, however, considered relocatable, with a model that makes success independent of the location of administrative headquarters. |
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Market Competition and Expansion:
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The Company’s sales and marketing efforts provide an outstanding opportunity for management to effectively accelerate growth over a very short period of time. At present, the firm concentrates marketing efforts on a handful of high-income metro areas. The investment in and development of an expanded marketing program would almost immediately accelerate sales growth beyond projections. |
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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