FBO - Busy Airport - Growth Potential
Location: Florida > Southeastern U.S.
Industry: Transportation > Airplane Related Services
Financials
Gross Revenue: $1,745,000
Cash Flow: $260,000
FF&E: $50,000 (Included in Asking Price)
Real Estate: $1,350,000 (Included in Asking Price)
Seller Financing: Yes, to qualified buyer.
75% at closing, 25% owner financed
Business Summary
The owner of this Fixed Base Operations (FBO) service business has grown this business to solid profitability over the past four years. The current FBO services include fueling, hangar and office rentals, ground handling, passenger services, aircraft maintenance, fuel purchasing, oxygen/nitrogen, and various concierge services. The owner desires to divest this FBO to release capital to focus on the development opportunities on the land surrounding the FBO. There is currently a waiting list for additional hanger space. Since there are ultra elite-sites surrounding residential areas and the increasing demand from corporate clients, the company is planning the construction of build-to-suite hangars with attached up-scale space. The development plan is available to potential buyers after a Confidentiality Agreement is executed and Net Worth Statement is submitted.
The current owner has signed an exclusive opportunity to construct additional hangars on the airport property. There is ample land to expand hangar space which will drive additional traffic to the FBO. The company’s lease with the airport authority expires in 2034
With the recent surge in flight training, air charter maintenance and the growing aircraft population is this market, the buyer will find a wealth of business opportunity. Future revenue and profit growth can come from fuel sales, Part 135 air charter, aircraft flight training, and the rental of newly developed hangars and office space.
For additional information please contact Mike Togneri or Eric Togneri at 770.487.0986.
The current owner has signed an exclusive opportunity to construct additional hangars on the airport property. There is ample land to expand hangar space which will drive additional traffic to the FBO. The company’s lease with the airport authority expires in 2034
With the recent surge in flight training, air charter maintenance and the growing aircraft population is this market, the buyer will find a wealth of business opportunity. Future revenue and profit growth can come from fuel sales, Part 135 air charter, aircraft flight training, and the rental of newly developed hangars and office space.
For additional information please contact Mike Togneri or Eric Togneri at 770.487.0986.
About the Business
Year Established: 2004
Employees: 12 full time -
Facilities: 12,000 Sq.Ft. Hangar
3500 Sq.Ft. Terminal
Market Outlook and Competition: When additional hangars are built, additional corporated customers will come. Currently a waiting list.
About the Sale
Management Training and Support: 1 Month
Reason For Selling: Free up capital to build additional hangars
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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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