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Light Aircraft & Hovercraft Engine & Component Supplier
Manufacturing - Airplane and Boating Manufacturing | Manufacturing - Metals Components Manufacturing
| Asking Price: | $200,000 | Inventory: | |
| Gross Revenue: | $35,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | Not Disclosed | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Last year of active operation (2005) | |||
An opportunity to acquire - at a tremendous discount from invested cost - all of the intellectual property & production equipment for an enterprise producing aero-engines, associated electronic engine management controllers and propeller speed reduction units (PSRUs) for large capacity engines for the home-built aircraft and light commercial hovercraft markets. Selling due to the age of the principals, rather than for economic reasons. Total investment to date approx. $3 million, including Canadian government support.
A buyer will be positioned to take the product family (2 engines, 2 PSRU’s, 2 engine controllers, a third engine in development) to full-scale manufacturing and marketing. The target markets for the company’s products are the growing kit plane and light hovercraft markets. Versions of both the company’s engines are ideally suited for hovercraft in the three to six seat range, and both engines in twin configuration are in use in 9-12 seat hovercraft. Asking price for the Engine Division alone is $160,000.00; for the PSRU Division is $100,000. Combined asking price $200,000.00.
Contact Rob Millar at 1 877 361 3003 or robmillar@sunbeltnetwork for more information.
A buyer will be positioned to take the product family (2 engines, 2 PSRU’s, 2 engine controllers, a third engine in development) to full-scale manufacturing and marketing. The target markets for the company’s products are the growing kit plane and light hovercraft markets. Versions of both the company’s engines are ideally suited for hovercraft in the three to six seat range, and both engines in twin configuration are in use in 9-12 seat hovercraft. Asking price for the Engine Division alone is $160,000.00; for the PSRU Division is $100,000. Combined asking price $200,000.00.
Contact Rob Millar at 1 877 361 3003 or robmillar@sunbeltnetwork for more information.
About the Business
Year Established:1994
Relocatable:Yes
About the Sale
Management Training and Support:Detailed support arrangements are foreseen.
Reason For Selling:Age of principals.
Seller Financing:Will consider
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