Premiere Southeast Professional Flight School for Sale
| Asking Price: | $3,000,000 | Inventory: | $15,000 ++ |
| Gross Revenue: | $2,000,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $650,000 (comments below) | FF&E: | $1,450,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Demand for new pilots is ever increasing | |||
| Cash Flow Comments: Cash flow on a steady upward path | |||
This Company is one of the premier flight schools in the Southeast with over 95% of its revenue derived from its Professional Pilot Program where the students aspire to be professional airline pilots. Professional Pilot training is much more profitable than the casual/recreational pilot training since the program requirements are extremely comprehensive and time consuming. The students are at school 5 days a week irrespective of weather conditions. Additionally, the profit margins and equipment utilization run higher because the student is renting an airplane and instructor over the length of his program. The company prides itself in being a leader and innovator in the marketplace. The quality of its management, instructors and gound maintenance personnel are unparalleled in the industry. Combine this with one of the best maintained fleets today in an exponentailly growing area and you have the ingredients for continued success and years of rapid growth.
In the last year, the Company has been overwhelmed with applications from foreign students. Even with the purchase of several airplanes, the Company is operating at full steam. In the next twelve months, the owner will be implementing several steps that will dramatically improve profits.
In the last year, the Company has been overwhelmed with applications from foreign students. Even with the purchase of several airplanes, the Company is operating at full steam. In the next twelve months, the owner will be implementing several steps that will dramatically improve profits.
About the Business
Year Established:1984
Employees:20 full time -
Facilities:This premier flight school has an outstanding fleet of 18 airplanes that are included in the sale. The company has amassed an incredible safety record and is one of the top aviation schools in the country.
Market Outlook and Competition:With additions to its fleet, the company could grow revenues by 50% in a three to five year period. The company is currently evaluating whether to obtain a Part 135 Air Taxi Certificate.
About the Sale
Reason For Selling:The owner has other business interests and has operated the company for over 20 yrs.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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