Business for Sale Overview:
The March Group currently represents one of the largest independent suppliers of new (95 percent) and used (five percent) replacement components for helicopters and business aircraft. The Company offers vast experience and expertise in the Bell Helicopter aftermarket, and maintains an inventory of more than 40,000 parts, from major components down to the smallest hardware item. The fair market value of inventory is estimated to be $2 million. The Company is able to fill replacement components for routine maintenance, emergency repairs, or Aircraft On Ground (AOG) conditions anywhere in the world.
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Property Features and Assets:
Company headquarters is comprised of two adjacent buildings providing 12,500 square feet and 10,000 square feet, respectively. The buildings are leased from the shareholder at a fair market rate of $16,200 per month. The current leases expire in 2011.
Market Competition and Expansion:
Global commercial helicopter maintenance, repair and overhaul (MRO) spending was $5.3 billion in 2007, and is projected to grow to $6.8 billion by 2016, an average of 2.8 percent annually.
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.