Business for Sale Overview:
Aviation maintenance, repair, renovation and service. Single engine, twin and turbo-prop aircraft as well. Beech, Cessna and other types of aircraft are their core business; they provide the highest quality service to corporate and private pilots from all points in the USA and Canada. This company was established in 1970 and has earned an outstanding reputation in the industry as evidence by the repeat customers. The owner has maintained a great inventory and is able to provide quick and efficient services to its customers. Included with this acquisition is a suburb airport location that enables its customers easy access as well as affords them the opportunity to transport their customers back to their locations using their company owned Barron or Bonanza. This is a premier FBO offering a complete array of services. They’re the only FBO on or near this airport. This company performs mandated FAA services and replacement as well as performs general aviation repair, sheet metal, airframe. They have 9 A&P mechanics, certified FAA inspectors. If you want to own a solid business, that has held steady revenue increases and substantial net profits since 1970, this opportunity is for you.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
(2) 11,000 square feet hangers plus an additional 110’x30’ foot area and a 2nd level area for inventory. The runway is 5,000’ long and 75’ wide and just had a new overlay put down as well as a new taxiway. This airport can accommodate most aircraft's.
Furniture, Fixtures & Equipment: $180,000 (included in asking price)
Inventory: $900,000 (included in asking price)
Airplanes: $165,000 (included in asking price).
Market Competition and Expansion:
Competition: Average; none in immediate area.
Growth and Expansion: The opportunity exists for a new owner to dramatically increase the revenue several ways. Currently there is no marketing or advertising program in place, strictly repeat business and word of month. This company at one time did intention renovation, and has the facilities to do so in the future. Their sheet metal business should be expanded, as many similar businesses across the country do not do on site sheet metal repairs. A long, tenured experienced staff is in place that will enhance a smooth transition for the new owner. Aviation maintenance/repair experience is not a prerequisite. A good business person who loves aviation is an ideal owner candidate.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.