Aviation – Flight School
Location: United States -> Florida -> Northeast
Industry: Educational > Schools
Businesses for sale Summary
This FBO operation has an outstanding record as a FLIGHT SCHOOL. Targeting a niche market, the growth potential is enormous and at the same time the same focus allows to produce solid margins. Certified to do ltd. repairs and transponder approvals. Fully owned student housings and 14 leased airplanes contribute greatly to the overall success of the operation. Offers can exclude some of the assets (student housing-real estate). This FBO is on track to make approx. $750-850k net profit in 2008. Foreign student education is booming, Asia has increasing demand for pilots and growth is double digit. Note: FuelFarm Asset has not been added to Asset value yet – valuation in process.
Financials
Asking Price Range: $2.5M – $5.0M
Gross Revenues: $2,405,000
Cash Flow: $593,895
Cash Flow Type: Sellers Discretionary Cash
Inventory: $3,713,000
Seller Financing: Not Disclosed
About The Business
Year Established: 1991
Number of Employees: 10 – 19
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Not Applicable
About The Sale
Management Training and Support: 6 Months.
Reason For Selling: Personal.
