Aircraft Maintenance/Repair Business in SE-TX - 35122

Financing

$799,000 Down and

Business Description

After 26 years of extraordinary service to the aircraft industry the owner has decided it is time to turn over the company to more energetic and motivated buyers. The business has had a long term relationship with its lease and the landlord would be open to any lease negotiations. Currently the lease arrangement includes rent, utilities and aircraft moving in and out of the hanger. The hanger is approximately 12,000 square feet and can hold up to 5 King Air 350's simultaneously. Current lease per month has not changed for over 4 years and is remarkable in itself. This company has many lifetime customers that only trust this provider with their aircraft. There are no other providers of this service within 150 miles of this location. Cash flow is solid and verifiable which makes this business financible. This is a rare opportunity to take this business and grow it. The current owner has dialed it down somewhat over the last few years, but has had owners cash flow of $300,000 previously. New owner could take it to that level again or higher. Contact Dan Gundrum at 815-323-0608 with any questions.

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