March 8, 2021

Flight Instruction Business: $1,250,000

Asking Price:$1,250,000

Gross Revenue:$776,175

EBITDA:$254,738

FF&E: $806,000

Lease Rate: $3,560.50 /SF/Month

Established: 1988

Business Description

Reputable Turn Key Business. It is set up so well that it runs itself with the employees in place. No special licensing needed to run it.
The business has been around and has been successful for over 30 years and it specializes in flight instruction, flight training, inspection, and Helicopter maintenance.
Other services:
– area tour packages for birthdays, anniversaries, and proposals.
– helicopter flights for real estate scouting and land over-flight.
– photo flights for photographers
Business is complete with Pilot shop, Classrooms, Briefing rooms, Flight simulators, testing center, FSS terminal. Sale includes 4 aircraft with 1 other leaseback aircraft available for operations.
They are all in excellent condition and extremely well equipped, meeting all requirements for providing services to their customers. Other assets include support vehicles, mission equipment, and spare parts inventories
Owner retiring and he is willing to assist with the transition for up to 6 months.

Detailed Information

Real Estate:
Leased
Building SF:
3600 sqft hangers. 700 sqft office space
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price. Valued at $806,000
Facilities:
Office complex / and 2 hangers. 3600 sqft hangers. 700 sqft office space. Building has 5 offices, and 2 hangars
Competition:
Very little competition.
Support & Training:
Owner is willing to help with transition for up to 6 months. The first 30 days are complimentary.
Reason for Selling:
Retirement