Business Overview:
This business, which opened in 1984 offers Jet Charter Services in a market with very little competition. Recently, the business has grown in number of planes and utilization of equipment creating profitability on a monthly basis of approximately $500,000 over the past 5 months. This trend is expected to continue. With this growth, profit is expected to increase by 80% in 2013. Sales growth will increase from $33 million in 2011 to $38 million in 2012 and expectations of $85 million in 2016. Profits are expected to increase by 480% from 2012 to 2016. The company has taken the last two years to position itself as a leader in its charter market. The plan for the future will make this a very profitable and solid company. A buyer for this company will have a business headed in the right direction that will more than pay for the investment at a very favorable return.
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:
24,000 square feet hanger
3,000 square feet shop
5,200 square feet office
Block and Steel Construction
L. Don Prince licensed Realtor with Real Estate Showcase Wooster, Ohio
Market Competition and Expansion:
Little competition in the market they serve. With the right working capital the growth in market is excellent.
Reason for Selling:
Restructuring
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: