Avionics FAA Certified Repair Station

Not Disclosed, CO


Asking Price: Annual Revenue:
$700,000 $1,083,000

Services: Non-classifiable


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RE: Avionics FAA Certified Repair Station Broker: Bill Scott
License #: ER.100049495

Quick Facts

Asking Price: $700,000
Annual Revenue: $1,083,000
Net Profit: Not Disclosed
Cash Flow: $207,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 6
BBN Listing #: 909410489
Broker Reference #: 1871

Email or Print Listing

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Business Overview:

The Company has been servicing private, corporate and government aircraft for over 30 years with an FAA Certified Part 145 Service Station. The Owner is not a service technician and only works in business part-time (role is direct sales and project management). This is a great business for anyone with a passion for aviation and good management and sales skills. Pilots, Mechanics, Electricians or Engineers would find this business very rewarding. This is a superb business for a Buyer with a Military background.

FAA requires that all aircraft update and maintain electronics for aviation, navigation, and communication. Company installs, upgrades, and maintains:

• ADS-B (Automatic Dependent Surveillance-Broadcast)
• Autopilot
• Glass Panel (modern, touchscreen diplay)
• Radio Communication Systems

Sale includes equipment, processes, clients, lease, staffing, and pipeline of booked orders and quotes. Company collects a generous deposit on all orders; material costs are pre-paid so working capital needs are very low. Deposits on future jobs will be transferred to Purchaser. Profit margins are very strong (Gross Profit approximately 20%). Company does minimal marketing (less than 1% of budget) so there is ample room to grow if desired (current owner did not wish to increase the demands on his time).

Company has been recognized as one of the top certified dealers for a world-renown product and receives sales leads directly from the manufacturer. Approximately 90% of sales are for equipment upgrades and 10% for repairs.

COVID impact was very minimal as this was recognized as an essential business. There were supply chain and staffing issues which caused delays in completing projects but did not cause any loss of sales. Some clients have postponed upgrades during this time and are now moving forward.

Owner is retiring but will consider staying for a while in a direct sales role or as consultant for special projects on straight commission or hourly basis.

SBA lenders have already pre-qualified the business. A 15% ($105,000) down payment is needed to purchase this business based cash-flow history. Lenders do consider the financial strength and experience of each Buyer.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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